Premier Money Market Fund is among the top five performing UK money-market funds over three and five years - but does not achieve this by taking excessive risks. This is evident in the fund's annual returns, which have been positive returns every year for the last five years. And it returned 4.5 per cent in 2008 when many other assets plunged more than 30 per cent.
126.48p
Paul Smith, manager of Premier Money Market Fund, says he has generated positive returns amid historically low interest rates and after fund fees by "working his portfolio harder." This has included calling interest rates right and locking them in for a long time.