The tables below show the best and worst performing funds over the last month. The key facts are:
An exciting month on 'What's Hot, What's Not?'. Risk is hot while gold certainly is not!
- Japan remains the land of the rising funds....
- with Legg Mason - Japan Equity leading the charge, up over 80% in 1 year
- The Fed's taper turn-around saw risk assets rally....
- especially in global emerging markets, which was the top performing sector outside of Japan
- The strongest rebound being in Latin America, with Allianz Brazil up 8.78%
In contrast 'What's NOT' is dominated by gold funds taking a battering
- Government bonds funds make an appearance (M&G International Sovereign Bond)...
- although all the loss was made before the Fed surprised the markets. Since then performance has been flat.
- Some commentators were quick to highlight gold's bounce in the immediate aftermath of the Fed's taper turn-around...
- but now they've now gone quiet as gold funds have typically fallen over 10% since
HOT
|
Fund Name
|
1 month performance
|
|
Legg Mason - Japan Equity
|
15.23
|
|
Neptune - Japan Opportunities
|
14.26
|
|
Invesco Perp - Japanese Smaller Companies
|
10.45
|
|
JPM - Japan
|
9.79
|
|
Baillie Gifford - Japanese Smaller Companies
|
9.32
|
|
MFM - Techinvest Technology
|
9.07
|
|
CF - Miton UK Smaller Companies
|
8.82
|
|
Allianz - Brazil
|
8.78
|
|
Aberdeen - Latin American Equity
|
8.66
|
|
Invesco Perp - Japan in GB
|
8.3
|
NOT
|
Fund Name
|
1 month performance
|
|
M&G - International Sovereign Bond
|
-3.57
|
|
Baring - Themed Fixed Income
|
-3.62
|
|
Marlborough - ETF Commodity
|
-5.65
|
|
Investec - Global Gold
|
-10.97
|
|
Smith & Williamson - Global Gold & Resources
|
-12.06
|
|
BlackRock - Gold & General
|
-12.65
|
|
Old Mutual - Blackrock Gold & General
|
-12.88
|
|
CF Ruffer - Baker Steel Gold
|
-13.43
|
|
MFM - Junior Gold
|
-16.61
|
|
WAY - Charteris Gold Portfolio
|
-18.38
|