Managed Fund & Focused Managed Fund - Whats diff?

[TurningGreen]

Hi All,

Can somebody explain whats the difference between a managed fund and a focused managed fund.

Thanks.

 

[Sunny]

Hi All,

Can somebody explain whats the difference between a managed fund and a focused managed fund.

Thanks.

Sounds like marketing crap to me! Wouldn't say there is any difference but could be wrong.