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  • OK, so people don't invest in multiple funds purely to diversify against fund manager risk?
    That was the answer I was looking for!

  • I did have [money split across] three funds. But sold off two [taking the money elsewhere] and now have everything left in one, but it's not a huge amount. If it was a large amount again I'd have it diversified. But technically it is as some when into buying a house and the other to funding a business. ...

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