Lipper Snaps UK-F&C leads money mkt funds in Oct.

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On 15:29 GMT, Friday 6 November 2009

LONDON, Nov 6 (Reuters) - F&C Asset Management's Sterling enhanced cash fund was the top performer among British-registered money market funds in October, data from Thomson Reuters (TRI.TO - news) fund research firm Lipper showed on Friday.

The fund , managed by Jeff Grow, was up 1.89 percent in the month although it is down 3.49 percent over the 12 months. Allocation data collected by Lipper at end-September showed the fund has about 80 percent in fixed income, but cash was still at 12 percent.

A U.S.-focused Barclays (LSE: BARC.L - news) fund and a Russell Investments active currency fund were the weakest performers in the month.

Following are tables of the best and worst performers in October among money market funds listed in the Lipper Global indices and registered for sale in Britain. Performance is shown in the fund's local currency and may reflect declared dividends.

The tables use the latest available data and strip out funds with the smallest level of assets, as well as some funds which price less regularly.

FUND LEADERS

Fund name 1 mth(%) 3 mth 1 yr 3 yr 5 yr

1. F&C Sterling Enhanced 1.89 3.88 -3.49

Cash 4 Acc 2. M&G High Interest A Inc 1.45 3.01 5.24 7.93 16.27

3. LODH Invest - European 1.11 3.82 1.89 -6.22 -2.07

Short Term P A 4. BGI Sterling Liquidity 0.88 1.90 0.08 8.45 18.80

Plus Intl 5. Legg Mason Euroland Cash 0.87 3.30 7.66 10.74 14.59

A Acc EUR

FUND LAGGARDS

Fund name 1 mth(%) 3 mth 1 yr 3 yr 5 yr

1. Barclays Intl (US Dollar) -0.56 -0.70 -1.44 4.47 11.17

Reserve 2. RIC III Active Currency A -0.52 -0.80 0.35 0.43

Acc EUR Hdg 3. Barclays Intl (Sterling) -0.44 -0.54 -0.52 9.00 18.32

Reserve 4. RBC International -0.08 -0.16 -0.30 6.70 13.23

Currencies USD 5. RBC International -0.07 -0.17 -0.11 9.31 17.94

Currencies GBP

Lipper, a Thomson Reuters company, is a fund research and analysis organisation, providing independent insight on global collective investment including mutual funds, retirement funds, hedge funds, fund fees and fund expenses to the asset management and media communities.

Lipper data covers 196,000 share classes and more than 108,000 funds in 57 registered-for-sale universes. It provides the free Lipper Leader ratings for mutual funds registered for sale in 27 countries. Additional information is available at www.lipperweb.com. (Compiled by Joel Dimmock; Editing by Andrew Macdonald)

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