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Fidelity American - Rating suspended

Rating upgraded

Trojan Fund - Rating upgraded

Rating upgraded

Newton Global Higher Income - Rating upgraded

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Newton Higher Income

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Jupiter Income and Jupiter High Income funds - Rating suspended

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Threadneedle European Smaller Companies - Rating suspended

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Baronsmead VCT linked offer - New rating

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Aberforth UK Small Companies - Downgraded

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Fidelity UK Smaller Companies - New rating

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Old Mutual UK Select Smaller Companies - Downgraded

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Liontrust Special Situations - New rating

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JPM Japan fund - Rating suspended

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TR Property Sigma - New rating

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UBS US Growth - Rating suspended

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Twentyfour Dynamic Bond - New rating

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Battle Against Cancer Investment Trust ("BACIT") - New rating

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Investec Global Free Enterprise - Downgraded

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Skandia Global Best Ideas - Downgraded

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Fidelity International - Downgraded

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Jupiter Merlin Conservative Portfolio

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GCP Infrastructure - New rating

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Henderson Asia Pacific Capital Growth - New rating

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Allianz BRIC Stars - New rating

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Legg Mason UK Equity - New rating

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Artemis Capital - New rating

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JPM UK Dynamic - New rating

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Henderson UK Alpha - Downgraded

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Neptune US Opportunities - New rating

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Fidelity American - New rating

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Fidelity Strategic Bond - New rating

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Henderson European Focus - New rating

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Artemis Monthly Distribution

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Schroder Managed Monthly High Income

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Neptune European Opportunities - Downgraded

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M&G Global Leaders - Downgraded

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M&G American - Downgraded

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Martin Currie North America - Downgraded

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UBS US Growth - New rating

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Invesco Perpetual Tactical and Corporate bond Funds - Downgraded

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City Merchants High Yield - Downgraded

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Artemis UK Special Situations - Downgraded

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M&G Recovery - Downgraded

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Cazenove UK Growth and Income - Downgraded

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AXA Framlington UK Smaller Companies - Rating suspended

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Threadneedle European Select - New rating

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Schroder Tokyo - New rating

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Atlantis Japan - Downgraded

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Martin Currie Japan - Downgraded

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Legal & General US Index - Downgraded

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Schroder UK Alpha Plus - New rating

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Fidelity MoneyBuilder Dividend - New rating

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Schroder Income Maximiser - Downgraded

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Fidelity Special Situations and Fidelity Special Values - Downgraded

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M&G Property Portfolio - Downgraded

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SWIP Property Trust - Downgraded

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Henderson UK Property - Downgraded

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Schroder Asian Alpha Plus - New rating

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Schroders Strategic Bond Fund

New launch

Fidelity Global High Yield Bond

New launch

Schroders Small Cap Discovery fund

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Aberdeen Emerging Markets - Downgraded

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Blackrock UK Absolute Alpha – Downgraded

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Standard Life European Income - New rating

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Ignis European Income Fund - Downgraded

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Threadneedle UK Absolute Alpha - New rating

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Fidelity Global Dividend

New Rating

SWIP Property Trust -Rating unchanged

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Baring Global Bond - Rating suspended

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Standard Life UK Equity High Income - Downgraded

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Invesco Perpetual Global Financial Capital Fund

New launch

Standard Life Global Smaller Companies

New launch

Baronsmead VCTs

New launch

Foresight VCT and VCT 2 Infrastructure Shares

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Cazenove European - Downgraded

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Pictet Environment Megatrend Selection - New rating

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UBS US Growth - New rating

The UBS US Growth fund invests in a concentrated portfolio of 35-55 large US companies. This focused portfolio of high conviction ideas consists of global market leaders with multiple international sources of revenue so tend to not be so affected by the US domestic economy.

Investments are companies with sustainable growth characteristics and superior return on invested capital. The portfolio has 3 subdivisions: Elite growth, Classic growth and Cyclicals, though the latter category has never been much more than 10% of the total.

The manager Lawrence Kemp has an excellent track record of investing spanning more than 25 years. Key to his process is intensive company research which concludes with specific upside and downside price targets for each stock.

He has rigorous buy and sell disciplines which means that holdings are actively traded: trimming and adding to positions as stock prices move up and down within his target range. We are impressed with his detailed stock knowledge as well as his record of consistent outperformance. UBS US Growth has been given a new rating of 4 stars and is in our premier selection of top-rated funds.

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. We aim to provide investors with information to help them make their own investment decisions although this should not be construed as advice or an investment recommendation. If you are unsure about the suitability of an investment or if you need advice on your specific requirements, we strongly suggest that you consider professional financial advice.

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. Prevailing tax rates and reliefs are dependent on your individual circumstances and are subject to change.