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Emerging market bonds, excluding Argentina, had a total return of 19.8percentt in 2001.
(By comparison, the Standard & Poor's 500-stock index produced a total return of negative 12.6percentt).
Over all, bank loan funds gave investors an average total return of 10.2percentt in 2003.
Junk bonds provide a total return of at least 10percentt, she said.
His fund has a 25-year annualized average total return of 11 percent.
Mr. Aster's fund has a 25-year annualized average total return of 11.4 percent.
The largest, the China & Hong Kong fund, had a total return of 92 percent last year.
"Wellcome's long-term investment strategy has led to a total return of over £10bn since September 2008..
That puts it well ahead of the 16.6percenttotalal return of the Standard & Poor's 500 index.
This year through October, loan funds had a total return of 4.81percentt, on average, according to Lipper.
Flextronics, which went public in 1994, had a total return of more than 1,100 percent during the 1990's.
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