There are six funds in the North American doghouse and all of this publication’s American hounds are repeat offenders. The IA North American sector has long been considered the graveyard for active management and the latest figures indicate little evidence of change, with the IA sector average itself only marginally avoiding the dreaded dog label.
Spot the Dog reveals the lengthy list of North American funds together with pedigree pick alternatives.
The fund used for "In the Doghouse" is the worst-performing fund and the fund used for the "Pedigree pick" is our top-rated fund, when compared to the sector performance.
The value of investments, and the income derived from them, can go down as well as up and you can get back less than you originally invested. Different funds carry varying levels of risk depending on the geographical region and industry sector in which they invest. You should make yourself aware of these specific risks prior to investing. The chart shown is for illustrative purposes only and based on quarterly figures. Please note past performance is not a reliable indication of future returns. Full past performance data and selection methodology can be found in the "Spot the Dog" guide and in the "Our top-rated funds" guide. This should not be considered advice.