(Fund Edition)
What’s Hot
- Some of the most volatile sectors year-to-date make up the hot sectors this month, with Technology leading the pack, up 6.20%
- Smaller companies, from both sides of the Pacific, take up 2nd and 3rd spots below. These fast-moving sectors have both had bumpy rides so far in 2022
- India takes the final spot, up 5.23% for the month. Despite an attempted rally, the Rupee is still at an all-time low vs the USD
What’s Not
- Unsurprisingly the worst sector is China, down 5.87%...
- …8 Chinese equity funds make up the bottom 10 of our Fund Edition
- Index linked gilts continue to struggle, we went into greater detail here on why these funds struggle despite growing inflationary pressures
- A mix of global bonds, including emerging market and European bonds also had a tough month. On July 1st Bloomberg wrote “after a bruising first half of record shattering losses, European bond market investors broadly agree that the worst may be over.” Hmmm…
What’s Hot
|
Name
|
July Performance %
|
|
IA Technology and Technology Innovations
|
6.20
|
|
IA North American Smaller Companies
|
6.17
|
|
IA Japanese Smaller Companies
|
5.61
|
|
IA Financials and Financial Innovation
|
5.30
|
|
IA India/Indian Subcontinent
|
5.23
|
What’s Not
|
Name
|
July Performance %
|
|
IA China/Greater China
|
-5.87
|
|
IA UK Index Linked Gilts
|
-2.14
|
|
IA Global EM Bonds Local Currency
|
-1.41
|
|
IA EUR Government Bond
|
-1.26
|
|
IA Global EM Bonds Blended
|
-1.21
|
Performance 01/07/2022 – 29/07/2022.
NOTE
We do this blog to simply highlight short term trends. These are not recommendations.