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What’s Hot
- Gold stole the show as three gold-miner funds top the table, with Amati Strategic Metals close behind.
- Japan worked across styles – both growth and value-tilted Japan funds made the list, a broad-based month for Tokyo.
- China back on the leaderboard with two growth style funds leading the way.
What’s Not
- India took a breather with a popular fund from Stewart Investors topping the dud list this month.
- Gilts need belief. Long UK gilts rely on trust in the inflation path and the fiscal story. Clearly there’s little confidence at the moment as three gilt funds make the list.
- This also impacted the UK-at-home trade through small caps with another three funds in the duds.
What’s Hot
|
Name
|
Sector
|
Last Month’s Performance %
|
|
WS Ruffer Gold
|
Specialist
|
19.54
|
|
Ninety One Global Gold
|
Specialist
|
18.56
|
|
BlackRock Gold & General
|
Specialist
|
14.82
|
|
WS Amati Strategic Metals
|
Commodity/Natural Resources
|
14.66
|
|
Equitile Feeder
|
Global
|
7.70
|
|
Baillie Gifford Japanese
|
Japan
|
6.85
|
|
FTF Royce US Smaller Companies
|
North American Smaller Companies
|
6.46
|
|
M&G Japan
|
Japan
|
6.20
|
|
Baillie Gifford China
|
China/Greater China
|
6.14
|
|
Jupiter China
|
China/Greater China
|
6.07
|
What’s Not
|
Name
|
Sector
|
Last Month’s Performance %
|
|
Stewart Investors Indian Subcontinent All Cap
|
India/Indian Subcontinent
|
-4.67
|
|
Sarasin Food & Agriculture Opportunities
|
Specialist
|
-3.76
|
|
Omnis UK Smaller Companies
|
UK Smaller Companies
|
-3.18
|
|
iShares Index Linked Gilt Index (UK)
|
UK Index Linked Gilts
|
-3.06
|
|
FTF Martin Currie UK Smaller Companies
|
UK Smaller Companies
|
-3.04
|
|
Vanguard UK Inflation-Linked Gilt Index
|
UK Index Linked Gilts
|
-2.77
|
|
WS Gresham House UK Smaller Companies
|
UK Smaller Companies
|
-2.73
|
|
Morgan Stanley US Advantage
|
North America
|
-2.71
|
|
Liontrust India
|
India/Indian Subcontinent
|
-2.68
|
|
Vanguard UK Long Duration Gilt Index
|
UK Gilts
|
-2.61
|
Fund performance 01/08/2025 – 29/08/2025. Funds <50m in size and ETFs excluded from the above research.
NOTE
We do this blog to simply highlight short term trends. These are not recommendations.