BlackRock's Wholesale Balanced Fund and Global Allocation Fund (Aust) - Class D were awarded highly recommended ratings.
The Investment Science - Access SRA Fund (4 Unit Class), Perpetual Wholesale Balanced Growth Fund and Acadian's Wholesale Quant Yield were among products that gained Zenith's recommended rating.
The Select Defensive Portfolio, Select Growth Portfolio and Investors Mutual & Value Income Fund received an approved rating.
Zenith released the findings after screening an initial universe of 106 diversified products.
"Zenith believes that one advantage of using a diversified product is that the asset allocation decision is overseen by the manager of the fund, rather than the investor," Zenith investment analyst Graeme Miller said.
"This ensures removal of the behavioural biases that individuals are highly susceptible to when managing their own funds."
