INVESTMENT FUNDS TOP PERFORMERS
As at 1 July 2013
7 How to use these statistics This section shows performance of investment funds that are admitted into the Investment Management Association sectors. ■ The tables immediately below show the value of £100 for the top and bottom 10 performing funds overall. This shows short-term trends as well as longer-term winners and losers. ■ Then follows the top-
performing funds in each sector over five time periods. The letter accompanying each sector name is a reference point for the alphabetical funds, which are listed from page 58, so you can compare funds against peers. ■ The alphabetical listings show how each fund is performing and gives a sector ranking. Performances in the top quartile (top 25 per cent)
After 1 month
After 1 year
After 1 year
MFS Mer Japan Equity A1 USD 106.4
Legg Mason Japan Equity A
167.6
OM JPM Natural Resources A
85.6
Thesis Aus Natural Resources
SLI Japan
106.2
SLI UK Equity Unconstr
159.1
BGF World Mining A4RF GBP
84.7
JPM Global Mining A
74.0
OM Japanese Equity S GBP
104.0
Fidelity UK Smaller Cos A
157.6
JPM Global Mining A
84.3
BGF World Mining A4RF GBP
73.1
Hermes Japan Equity F GBP
103.9
LM Cap Mgmt Opp ADA USD
155.0
S&W Glbl Gold & Res Inc
78.4
S&W Glbl Gold & Res Inc
61.0
BGF Japan Value A4RF GBP
103.8
SLI UK Equity Recovery
148.2
BlackRock Gold & General A Inc 78.2
Investec Global Gold A Net
60.8
RL Japan Tracker Z
103.7
River and Merc UK Eq Sm Cos A 147.2
Investec Global Gold A Net
77.7
BlackRock Gold & General A Inc 58.4
Schroder Tokyo A
103.7
Guinness Global Money Mgrs C 146.6
OM Blackrock Gold & Gen A
77.6
WAY Charteris Gld Pfl WAY R
GLG Alpha Sel Alt DN GBP
103.7
Scot Wid HIFML Euro Stratc 1 146.1
Junior Gold
77.0
SF T1ps Smaller Companies Gold 46.6
BCIF Japan Eqty Trkr L
103.6
InvPerp UK Aggressive
145.6
CF Ruffer Bkr Stl Gold O
75.8
CF Ruffer Bkr Stl Gold O
44.2
IM Argonaut EupnAbsRtn £ A
103.5
Schroder Recovery A Inc
145.0
WAY Charteris Gld Pfl WAY R
75.1
Junior Gold
39.4
After 3 months
After 3 months
After 3 years
75.0
48.6
After 3 years
Guinness Alternative Energy C 123.7
Legg Mason Japan Equity A
236.2
BGF World Mining A4RF GBP
76.5
JPM Nat Rsrcs A
65.5
CF Odey Absolute Rtn RET GBP 111.3
Cazenove UK Smll Cos B
216.5
JPM Global Mining A
76.0
Manek Growth
65.1
CF Ruffer Japanese O
110.3
CF Odey Absolute Rtn RET GBP 210.2
Thesis Aus Natural Resources
72.0
Investec Global Gold A Net
51.9
IM Argonaut EupnAbsRtn £ A
109.8
AXA Framlington Biotech R
209.9
SF T1ps Smaller Companies Gold 66.0
S&W Glbl Gold & Res Inc
51.8
AXA Framlington Biotech R
109.3
SLI UK Equity Unconstr
195.0
Investec Global Gold A Net
63.9
BlackRock Gold & General A Inc
50.0
OM Japanese Equity S GBP
109.3
Neptune UK Mid Cap A GBP
193.5
S&W Glbl Gold & Res Inc
63.3
SF t1ps Smaller Companies Grow 48.3
63.1
SF T1ps Smaller Companies Gold 38.9
108.5
The Capital Trust
193.3
BlackRock Gold & General A Inc
Neptune Japan Opps A GBP
108.5
Baillie Giff Brit Sm Cos A
190.9
WAY Charteris Gld Pfl WAY R
57.2
WAY Charteris Gld Pfl WAY R
35.0
LM Cap Mgmt Opp ADA USD
108.3
Marlborough UK Micro Cap Gwth 190.5
CF Ruffer Bkr Stl Gold O
50.5
CF Ruffer Bkr Stl Gold O
34.7
AXA Framlington Japan R Inc
108.2
Cazenove UK Opps B
Junior Gold
49.7
Junior Gold
28.5
Baillie Giff Glbl Disc A
After 6 months
188.2
After 6 months
After 7 years
After 7 years
Legg Mason Japan Equity A
153.8
AG - Asian Smaller Cos D2 GBP 323.0
JPM Nat Rsrcs A
73.3
MFM Techinvest Special Sits
InvPerp Jpn Sm Cos
143.1
FirstState Gtr CN Gth A GBP
JPM Global Mining A
70.6
Aberdeen Property Share A
76.9 75.0
290.7
79.1
Guinness Alternative Energy C 142.1
FirstState AsiaPacSus A GBP 280.2
BGF World Mining A4RF GBP
69.5
AI UKR Property Trust Inc
LM Cap Mgmt Opp ADA USD
139.8
FirstState Gl EM LdrsA GBP
270.1
Investec Global Gold A Net
59.4
M&G Property
73.6
AXA Framlington Biotech R
135.8
First State Glo Em Mkts A
267.3
S&W Glbl Gold & Res Inc
57.7
OM Global Prop Sec A GBP Inc
72.6
FF & P US Small Cap Equity
133.8
SLI UK Equity Unconstr
262.9
BlackRock Gold & General A Inc
56.7
SLI Select Property
72.3
Baillie Giff Jap S Co A
133.7
First State AsiaPacLdrs A £
260.7
SF T1ps Smaller Companies Gold 54.3
SVM Global Opportunities A
67.6
Baillie Giff Jap A
133.5
AG - Emerging Mkts Eq D2 GBP 260.7
WAY Charteris Gld Pfl WAY R
50.1
AI UKR Property Investmnt Fund 66.5
Old Mutual Japanese Eq A
132.0
First State Asia Pac A £
260.4
CF Ruffer Bkr Stl Gold O
43.8
Manek Growth
64.7
CF Ruffer Japanese O
131.5
Aberdeen Em Mkts A
259.7
Junior Gold
41.0
CF Ruffer Bkr Stl Gold O
56.0
■ Investment funds can be bought either ‘unwrapped’ or via an Isa or personal pension. If you buy direct from the management group or via a financial adviser, you could incur an initial charge of up to 5 per cent. If you buy through a fund supermarket or some stockbrokers, the charge is normally reduced. ■ Full footnotes to the tables appear on page 66.
bottom 10 performers all FUNDS
TOP 10 performers all FUNDS After 1 month
of the sector are shown in bold. Funds in the bottom quartile are in italics. ■ The mid or bid price we show in the alphabetical listing is an accurate reflection of the fund’s underlying worth. Open-ended funds need to adjust their portfolios as investor monies flow in and out, unlike investment companies (see page 69 for statistics).
TOP PERFORMERS IN EACH SECTOR – Return on £100 invested
After 1 month
A
UK ALL COMPANIES
B
UK EQUITY INCOME
54
Threadneedle UK Select RNI GBP Premier Snfrd DLnd Bftlgy Gen Neptune UK Mid Cap A GBP MFM Slater Growth Unicorn Free Spirit A Income Franklin UK Managers Focus SVM UK Opportunities A Ecclesiastical UK Eq Grth A SVM UK Growth A Unicorn Outstdg BC A OM Artemis UK Specl Sits A AllianceTrustUK EthcalSF A • CF Miton UK Val Opp A Schroder UK Mid 250 Inc Manek Growth Artemis UK Growth R AXA Framlngtn UKMid Cap R Artemis UK Spec Sits R Liontrust Special Sits Fd (R) Neptune UK Spec Sits A GBP Number of funds Average
£ 100.0 99.8 99.6 99.2 98.7 98.6 98.5 98.5 98.3 98.3 98.3 98.2 98.2 98.1 98.0 98.0 98.0 97.8 97.7 97.7 260 96.1
Unicorn UK Income A Inc 100.4 CF Miton UK MC Inc A 99.4 MFM Slater Income A Inc GBP 99.0 PFS Chelverton UK Eq Inc I 98.7 Jupiter Responsible Inc • 98.5 Marlborough Multi Cap Incm 98.2 Henderson UK Eq Inc A Net Inc 98.1 Threadneedle UKEqAlp Inc ND £ 98.0 InvPerp UK Strat Inc NoTrl Inc 97.8 InvPerp Income Inc 97.7 Ardevora UK Income A 97.7 MGTS Ardevora UK Income 97.7 InvPerp High Income Inc 97.6 AXA Framlington Mth Inc R Inc 97.5 Fidelity Enhanced Income 97.4 Schroder Income Maximisr A 97.3 Majedie Asset UK Income Inc 97.3 St James’s Allshare Inc 97.1 CF OLIM UK Equity 97.1 Neptune Monthly Inc A GBP 97.1 Number of funds 98 Average 96.5
After 6 months
£
After 1 year
Source: Lipper
£
After 3 years
£
After 7 years
£
Franklin UK Managers Focus 120.5 Ecclesiastical UK Eq Grth A 119.8 InvPerp UK Aggressive 119.8 AXA Framlngtn UKMid Cap R 119.6 Schroder Recovery A Inc 119.4 OM UK Dynamic Eq A GBP Inc 118.5 SLI UK Equity Unconstr 118.4 Old Mutual UK MidCap A 118.2 Artemis UK Growth R 117.8 Schroder UK Mid 250 Inc 117.7 CF Lindsell Train UK Eq 117.6 Barclays UK Lowr Cap (2) A Inc 117.5 Royal London UK Mid-Cap Growth 117.5 R&M UK Eq Long Term Rec A 117.3 SVM UK Opportunities A 117.1 Barclays GA UK Alpha Z EUR 117.0 Threadneedle UK Select RNI GBP 116.9 The Capital Trust 116.8 Fidelity Special Sits 116.7 Cazenove UK Opps B 116.2 Number of funds 257 Average 110.5
SLI UK Equity Unconstr SLI UK Equity Recovery InvPerp UK Aggressive Schroder Recovery A Inc The Capital Trust Schroder UK Mid 250 Inc R&M UK Eq Long Term Rec A Artemis Capital R SLI UK Eq High Alpha Inc Barclays UK Lowr Cap (2) A Inc Old Mutual UK MidCap A Cazenove UK Opps B AXA Framlngtn UKMid Cap R Jupiter UK Growth JOHCM UK Gwth B GBP OM UK Dynamic Eq A GBP Inc Premier Snfrd DLnd Bftlgy Gen Ardevora UK Equity A Fidelity Special Sits Ecclesiastical UK Eq Grth A Number of funds Average
159.1 148.2 145.6 145.0 144.5 143.7 142.4 141.9 140.7 140.4 139.2 139.2 138.8 137.9 137.4 137.3 137.1 137.0 135.5 135.5 255 122.5
SLI UK Equity Unconstr 195.0 Neptune UK Mid Cap A GBP 193.5 The Capital Trust 193.3 Cazenove UK Opps B 188.2 Barclays UK Lowr Cap (2) A Inc 187.9 Liontrust Special Sits Fd (R) 186.1 OM UK Dynamic Eq A GBP Inc 185.5 Ecclesiastical UK Eq Grth A 180.6 Old Mutual UK MidCap A 178.9 Royal London UK Mid-Cap Growth 178.1 Franklin UK Mid Cap A Inc 177.2 CF Lindsell Train UK Eq 176.9 F&C UK Mid Cap 1 176.8 Cavendish Opportunities Retail 172.8 Unicorn Free Spirit A Income 172.6 Unicorn Outstdg BC A 171.5 SLI UK Eq High Alpha Inc 170.4 167.5 SLI UK Ethical • Aberdeen UK Mid Cap A 167.5 Schroder UK Mid 250 Inc 166.5 Number of funds 245 Average 145.5
SLI UK Equity Unconstr 262.9 Liontrust Special Sits Fd (R) 243.4 Franklin UK Mid Cap A Inc 243.1 Royal London UK Mid-Cap Growth 235.7 L&G UK Alpha R 217.8 Cazenove UK Opps B 216.6 MFM Slater Growth 212.3 Old Mutual UK MidCap A 206.1 Threadneedle UK Mid 250 196.8 F&C UK Mid Cap 1 195.6 Majedie UK Focus A 194.0 SVM UK Growth A 188.8 Majedie UK Eq A 187.9 Schroder Recovery A Inc 186.1 Jupiter Growth & Income 186.1 SLI UK Eq High Alpha Inc 185.0 IM Matterley Equity 185.0 Marlborough UK Leading Cos 182.7 The Capital Trust 182.6 Jupiter UK Special Situations 181.2 Number of funds 200 Average 143.9
InvPerp UK Strat Inc NoTrl Inc PFS Chelverton UK Eq Inc I InvPerp Income Inc InvPerp High Income Inc Unicorn UK Income A Inc Schroder Income A MGTS Ardevora UK Income Evenlode Income A SLI UK Eq Inc Unconst CF Miton UK MC Inc A Ardevora UK Income A Marlborough Multi Cap Incm Old Mutual UK Eq Income A St James UK High Income Cazenove UK Equity Inc B Inc MFM Slater Income A Inc GBP Majedie Asset UK Income Inc Royal London UK Equity Inc A Premier Inc A Net Inc Fidelity MoneyBuilder Dividend Number of funds Average
PFS Chelverton UK Eq Inc I Unicorn UK Income A Inc SLI UK Eq Inc Unconst Schroder Income A Ardevora UK Income A CF Miton UK MC Inc A MGTS Ardevora UK Income Majedie Asset UK Income Inc Henderson UK Eq Inc A Net Inc Marlborough Multi Cap Incm InvPerp UK Strat Inc NoTrl Inc JOHCM UK Eq Inc GBP B Old Mutual UK Eq Income A Schroder Income Maximisr A River and Mercantile UK Eq A Royal London UK Equity Inc A Cazenove UK Equity Inc B Inc Querns Monthly Income Net Premier Monthly Inc A Net Inc CF OLIM UK Equity Number of funds Average
139.3 138.5 136.9 134.3 134.1 133.9 132.8 132.4 130.5 130.3 130.2 130.2 128.3 128.1 128.0 127.8 127.6 127.1 126.4 126.4 95 121.6
Unicorn UK Income A Inc 186.1 PFS Chelverton UK Eq Inc I 171.4 Henderson UK Eq Inc A Net Inc 169.9 Cazenove UK Equity Inc B Inc 169.1 SLI UK Eq Inc Unconst 166.0 Royal London UK Equity Inc A 165.9 JOHCM UK Eq Inc GBP B 164.6 Old Mutual UK Eq Income A 162.6 InvPerp UK Strat Inc NoTrl Inc 161.6 Threadneedle UKEqAlp Inc ND £ 160.9 Rathbone Income Inc 156.7 RBS Equity Income 156.5 Henderson Gl Care UK Inc A Inc • 156.1 Threadneedle UK Eq Inc RNI 155.9 Evenlode Income A 155.9 Vanguard FTSE UK Eq Inc IdxGBP • 155.7 InvPerp High Income Inc 154.5 Trojan Inc O 154.0 CF OLIM UK Equity 153.9 AXA Framlngtn BChpEqInc R 153.4 Number of funds 84 Average 146.7
Unicorn UK Income A Inc Trojan Inc O InvPerp UK Strat Inc NoTrl Inc InvPerp High Income Inc JOHCM UK Eq Inc GBP B Schroder Income A Cazenove UK Equity Inc B Inc InvPerp Income Inc Threadneedle UKEqAlp Inc ND £ Threadneedle UK Eq Inc RNI Royal London UK Equity Inc A RBS Equity Income St James UK High Income Schroder Income Maximisr A CF OLIM UK Equity AI UKR UK Equity Income SCA Artemis Income R Inc Barclays UK Equity Inc A Inc Threadneedle UK Mthly Inc RNA LiontrustMacro Eq - (R) Number of funds Average
August 2013 | www.moneyobserver.com
119.9 117.0 116.9 116.8 116.3 115.9 115.9 115.7 115.6 115.5 115.5 115.4 114.9 114.8 114.3 114.3 114.0 114.0 113.7 113.7 96 111.1
216.1 176.1 173.8 170.3 170.2 168.2 167.9 167.9 166.0 164.0 162.3 161.1 159.7 158.0 157.7 157.6 155.2 153.8 153.1 151.6 65 140.2
TOP PERFORMERS IN EACH SECTOR – Return on £100 invested
After 1 month
C
UK SMALLER COS
Franklin UK Smaller Companies Unicorn UK Smaller Companies A Liontrust UK Sm Cos Fund (R) Schroder UK Small Cos Scot Wid HIFML Sm Cos 1 Halifax Smaller Cos C Threadneedle UK Small Cos C1 £ Close Special Situations Close Beacon Investment Cazenove UK Smll Cos B Number of funds Average
£ 102.3 101.8 101.4 100.6 100.6 100.5 100.0 100.0 100.0 99.9 55 98.5
After 6 months
£
After 1 year
Source: Lipper
£
After 3 years
£
After 7 years
£
Fidelity UK Smaller Cos A 124.2 Unicorn UK Smaller Companies A 122.3 Franklin UK Smaller Companies 121.6 Schroder UK Small Cos 118.5 Kames UK Smaller Companies A A 118.5 JPM UK Smllr Cos A 118.0 Cazenove UK Smll Cos B 117.3 Baillie Giff Brit Sm Cos A 116.8 Scot Wid HIFML Sm Cos 1 116.4 Halifax Smaller Cos C 116.3 Number of funds 55 Average 111.6
Fidelity UK Smaller Cos A 157.6 River and Merc UK Eq Sm Cos A 147.2 Cazenove UK Smll Cos B 140.2 Unicorn UK Smaller Companies A 137.9 FF & P Small Cap UK Equity 137.8 SW UK Smaller Companies A 137.0 SWIP UK Smll Cos A 136.3 Schroder UK Small Cos 136.1 Franklin UK Smaller Companies 135.3 Dimensional UK Small Co 135.2 Number of funds 53 Average 127.2
Cazenove UK Smll Cos B 216.5 Baillie Giff Brit Sm Cos A 190.9 Marlborough UK Micro Cap Gwth 190.5 Henderson UK Smll Cos A NetAcc 187.0 Scot Wid HIFML UK SmCos Alpha1 186.6 SW UK Smaller Companies A 184.2 SWIP UK Smll Cos A 184.2 OM UK Sm Cos Focus A GBP Inc 182.4 AXA Framlingtn UK SmCos R 182.2 Schroder UK Small Cos 181.1 Number of funds 52 Average 162.8
Cazenove UK Smll Cos B 248.8 SLI UK Smaller Cos 226.3 Marlborough UK Micro Cap Gwth 224.8 Marlborough Special Situations 217.9 OM UK Sm Cos Focus A GBP Inc 216.4 Investec UK Sm Comp AAcc Net £ 215.8 Old Mutual UK Sm Cos A 208.5 Baillie Giff Brit Sm Cos A 207.9 Liontrust UK Sm Cos Fund (R) 206.6 Kames UK Smaller Companies A A 197.3 Number of funds 44 Average 166.9
99.3 97.7 97.5 97.0 96.9 24 96.4
City Fnncl Strategic Glt A St James’s Place Gilts Allianz Gilt Yield A Inc M&G Gilt & Fixed Int A Inc Vanguard UK Gov Bnd Idx Number of funds Average
99.1 97.8 97.6 97.5 97.4 24 96.8
AXA Strlng Long Gilt H Gr Henderson LDated Gilt A NetInc Vanguard UK Gov Bnd Idx Allianz Gilt Yield A Inc Threadneedle UK Fxd Int Number of funds Average
125.0 120.8 117.9 115.0 114.8 23 113.4
Allianz Gilt Yield A Inc Invesco Gilt A M&G Gilt & Fixed Int A Inc Henderson LDated Gilt A NetInc BCIF UK Gilts All Stk Trkr L • Number of funds Average
148.0 142.2 142.0 141.7 140.6 16 137.5
133.7 133.2 8 129.1
M&G Index-Linked Bond A Inc Henderson Idx Lk Bd A Net Inc Number of funds Average
165.9 163.5 5 163.3
City Fnncl Strategic Glt A St James’s Place Gilts M&G Gilt & Fixed Int A Inc Vanguard UK Gov Bnd Idx Royal London UK Governmnt Bd A Number of funds Average
99.9 98.3 98.2 97.6 97.5 24 97.3
City Fnncl Strategic Glt A St James’s Place Gilts M&G Gilt & Fixed Int A Inc Allianz Gilt Yield A Inc L&G All Stocks Gilt Indx M Inc • Number of funds Average
D1
L&G All Stocks IL Gt Idx M • Scot Wid HIFML UK Idx Lnk Glt1 Number of funds Average
96.3 96.2 10 95.7
AXA Strlng Idx Lnk Bd H Gr BCIF Idx Lkd Gilt Trkr D • Number of funds Average
102.5 102.2 10 101.4
AXA Strlng Idx Lnk Bd H Gr BG Act Idx-Lnk Glt Pls C Inc Number of funds Average
104.9 104.6 10 103.2
BG Act Idx-Lnk Glt Pls C Inc AXA Strlng Idx Lnk Bd H Gr Number of funds Average
E
M&G Short Dated Corp Bd A Inc AXA StrlngCrdtShDurBdZ Net Legg Mason Glo Bl Chp Bond A Investec GSF I Grd Crp Bd AI£H SLI AAA Income Premier Corp Bd M In A Net In InvPerp Corp Bond Jupiter Corporate Bond IFDS Brown Shipley Stg Bd AInc M&G Strategic Corp Bond A Inc Number of funds Average
99.3 99.1 98.1 97.8 97.4 97.3 97.3 97.2 97.0 96.8 75 96.0
Premier Corp Bd M In A Net In IFDS Brown Shipley Stg Bd AInc M&G Short Dated Corp Bd A Inc InvPerp Corp Bond AXA StrlngCrdtShDurBdZ Net Kames Sterling Corp Bond A BCIF Corp Bond 1-10 Year L Rathbone Ethical Bond • Close Discretionary BIP A Jupiter Corporate Bond Number of funds Average
101.8 101.5 100.8 100.7 100.7 100.6 100.0 99.7 99.6 99.4 73 98.7
IFDS Brown Shipley Stg Bd AInc Rathbone Ethical Bond • InvPerp Corp Bond Premier Corp Bd M In A Net In All Trst MthIncBond A Morgan Stanley Stg Corp Bd A A Old Mutual Corporate Bd A Kames Sterling Corp Bond A BCIF Corp Bond 1-10 Year L AI UKR Mnthly Inc Pls SC1 Inc Number of funds Average
113.5 113.4 113.1 112.6 111.2 110.7 110.7 110.1 109.0 109.0 71 106.9
Baillie Giff Inv Gd Lg Bd B I 135.6 AXA StrlngLongCorpBd H Gr 127.0 Rathbone Ethical Bond • 125.7 Old Mutual Corporate Bd A 125.5 Royal London Ethical Bond • 124.9 Royal London Corporate Bond A 124.8 Baillie Giff InvGrd Bd A Inc 124.1 Morgan Stanley Stg Corp Bd A A 124.0 BlackRock Corporate Bond Inc 123.9 Kames Sterling Corp Bond A 123.6 Number of funds 69 Average 119.5
M&G Strategic Corp Bond A Inc M&G Corporate Bond A Inc CF Canlife Corp Bd B Inc InvPerp Corp Bond Morgan Stanley Stg Corp Bd A A Baillie Giff Inv Gd Lg Bd B I S&W CH Inv Grade Fxd Int Inc BlackRock Corporate Bond Inc Fidelity Moneybuilder Income WDB Fixed Inc Fund R Number of funds Average
169.8 155.1 152.6 149.8 148.0 147.7 146.2 144.6 140.5 139.2 56 131.9
UBS Active Bond A Inc Net M&G UK Infl Lnkd Crp Bnd A TwentyFour Foc Bd A Inc Gross InvPerp Tactl Bond Cazenove Strategic Bd B Rothschild PIC Preferred Inc Premier St High In Bd A Net In Investec SB A Inc Net GBP SLI Strategic Bond Number of funds Average
98.8 98.4 98.3 98.3 98.2 98.2 98.2 98.0 98.0 64 97.0
Artemis High Income R Inc Royal London Stlg Ext Yld Bd A InvPerp Mthly Inc+ Inc AXA Framlngtn MgdInc R Net Premier St High In Bd A Net In TwentyFour Foc Bd A Inc Gross M&G Optimal Income A Inc St James Corporate Bond Artemis Strat Bd QR Number of funds Average
105.2 104.8 104.5 103.8 103.0 102.3 101.9 101.7 101.7 59 99.8
Artemis High Income R Inc Royal London Stlg Ext Yld Bd A AXA Framlngtn MgdInc R Net St James Corporate Bond InvPerp Mthly Inc+ Inc Premier St High In Bd A Net In TwentyFour Foc Bd A Inc Gross F&C Extra Income Bond 1 Inc InvPerp Tactl Bond Number of funds Average
120.0 119.4 117.5 116.5 116.3 115.1 115.0 113.7 113.5 59 108.2
Royal London Stlg Ext Yld Bd A Artemis High Income R Inc Baillie Giff Corp Bd A Inc InvPerp Mthly Inc+ Inc Jupiter Strategic Bond AXA Framlngtn MgdInc R Net M&G Optimal Income A Inc RBS High Yield St James Corporate Bond Number of funds Average
InvPerp Mthly Inc+ Inc Fidelity Strategic Bond A Inc Fidelity Extra Income St James Corporate Bond Baillie Giff Corp Bd A Inc Kames Strategic Bond A Artemis Strat Bd QR Artemis High Income R Inc Royal London Stlg Ext Yld Bd A Number of funds Average
159.3 152.7 145.1 144.5 144.3 143.0 142.7 141.2 139.1 35 133.2
RL ShrtDurGlo HiYield Bd Z JPM Global High Yield Bd A Inc AI UKR High Yield SC1 Inc AXA Pan Europn HY Bd R Inc Net Newton Global Hi Yld Bd £Inc Number of funds Average
99.0 98.0 97.8 97.8 97.8 26 97.3
InvPerp Eurpn Hi Yld 102.3 AI UKR High Yield SC1 Inc 102.1 AXA Global HighIncomeR Net 101.7 SWIP Eu HiYield A Net 101.7 AXA Pan Europn HY Bd R Inc Net 101.5 Number of funds 23 Average 100.4
InvPerp Eurpn Hi Yld 123.6 AXA Pan Europn HY Bd R Inc Net 116.5 Aberdeen Hgh Yld Bd A2 116.1 Baillie Giff HiYld Bd A Inc 115.2 Marlborough High Yield Fxd Int 113.8 Number of funds 23 Average 111.6
InvPerp Eurpn Hi Yld 141.2 Baillie Giff HiYld Bd A Inc 131.3 Kames High Yield Bond A 129.9 Baring Hi Yld Bd A GBPH Inc QD 129.2 AXA Pan Europn HY Bd R Inc Net 129.0 Number of funds 20 Average 125.5
Baring Hi Yld Bd A GBPH Inc QD Kames High Yield Bond A Baillie Giff HiYld Bd A Inc AXA Global HighIncomeR Net JPM Global High Yield Bd A Inc Number of funds Average
164.3 158.8 157.0 154.7 151.8 18 144.5
F&C High Income M&G Extra Income A Inc Threadneedle Managed Income Jupiter High Income Jupiter Monthly Income Number of funds Average
98.1 97.2 97.1 97.0 97.0 16 96.4
Jupiter High Income Threadneedle Mth Ext Inc RNI Threadneedle Managed Income CIS UK Inc Wth Grwth Trst Cavendish UK Bal Inc Number of funds Average
112.2 110.4 110.1 109.6 108.7 16 107.4
Cavendish UK Bal Inc Threadneedle Mth Ext Inc RNI Jupiter Monthly Income Threadneedle Managed Income Marlborough Extra Income Number of funds Average
Threadneedle Mth Ext Inc RNI Threadneedle Managed Income M&G Extra Income A Inc Cavendish UK Bal Inc Jupiter High Income Number of funds Average
152.2 146.4 145.6 144.6 143.9 14 137.2
Threadneedle Mth Ext Inc RNI Threadneedle Managed Income CIS UK Inc Wth Grwth Trst Jupiter High Income M&G Extra Income A Inc Number of funds Average
162.0 150.8 145.2 142.6 142.2 12 135.9
I
Henderson MM Div A CF Heartwood Def Mul Ass A BW Global Markets 1 B CF Diversified A Inc Cirilium Conservative R Number of funds Average
98.5 98.2 98.1 97.7 97.7 36 96.9
Henderson MM Div A CF Diversified A Inc Jupiter Distribution CF Heartwood Def Mul Ass A Neptune Defensive Mg B GBP Number of funds Average
104.9 104.9 104.2 103.1 103.0 35 101.6
Henderson MM Div A 113.1 Jupiter Distribution 109.3 Pru Mgd Defensive A 109.1 Fidelity Multi Asset Inc Net A 109.0 Architas MA ActvModIncClRNtAcc 109.0 Number of funds 32 Average 106.0
Henderson MM Div A Scot Mutual Cautious Jupiter Distribution IM Matterley Reg Hi Income Fidelity Multi Asset Inc Net A Number of funds Average
136.0 126.4 125.7 123.2 123.2 23 117.8
Scot Mutual Cautious Threadneedle Defensive Equity IM Matterley Reg Hi Income Threadneedle Defensive CF 7IM Mod Cautious A Number of funds Average
142.9 141.4 138.9 133.2 131.7 11 128.4
J
Premier Consvtv Grt E Net Premier ConBrio Mgd Mlt-At R A Cazenove MM Divrsty A JPM Caut TR A IFSL BM Def Capital B CF Danske Income CF Ruffer Total Return O Inc Courtiers TR Cautious Risk Cazenove Diversity Inc A CF Heartwood Caut Inc MAsset A Number of funds Average
98.5 98.5 98.5 98.5 98.3 98.2 98.2 98.1 98.0 97.9 152 96.6
Artemis Monthly Dist R Inc CF Ruffer Total Return O Inc TM Darwin Multi Asset Kames Ethical Cauts Mngd A • Elite Hasley MulStrat Port Inc InvPerp Eurpn Hi Income Castleton Growth Inc Courtiers TR Cautious Risk Premier Mti-Ast Dist A Net Discovery Balanced A GBP Number of funds Average
109.2 108.5 108.2 108.2 108.1 108.1 108.0 107.8 107.8 107.7 148 104.0
InvPerp Eurpn Hi Income Artemis Monthly Dist R Inc Castleton Growth Inc SLI Dynamic Distr Premier Mti Ast M In A Net InvPerp Distribution Kames Ethical Cauts Mngd A • Premier Mti-Ast Dist A Net AXA Ethical Distribution R • Cirilium Balanced R Number of funds Average
124.0 120.5 119.5 118.7 118.5 118.2 118.1 118.0 116.3 115.8 145 110.3
Kames Ethical Cauts Mngd A • InvPerp Distribution Discovery Balanced A GBP SLI Dynamic Distr CIS Sust Diversified A Inc • Premier Mti Ast M In A Net InvPerp Eurpn Hi Income AXA Ethical Distribution R • Aberdeen Managed Distr A Premier Mti-Ast Dist A Net Number of funds Average
138.2 136.7 136.3 135.8 134.4 134.3 133.6 133.2 133.2 133.2 120 120.9
CF Ruffer Total Return O Inc InvPerp Distribution Jupiter Merlin Inc Pfolio Cazenove MM Divrsty A AXA Global distribution R Henderson MMgr Dis A Inc Threadneedle Equity & Bond Henderson MMgr Inc&Gr A Inc Investec Caut Mgd A Net £ Henderson Cautious MG Number of funds Average
178.4 161.2 151.2 149.1 149.0 145.9 145.1 144.4 144.3 141.0 56 130.3
CF Heartwood Bal Inc M Asset A JPM Blncd Tot Rtrn A Old Mutual Mgd A Miton Global Div Inc A Inc St James’s Strategic Mngd Henderson Glbl Care Mgd A • Close Discretionary BP A Investec Dvsfd Gro A Inc Net £ Cazenove Mul-Man Div Bal A SMT Oakley Diversified Number of funds Average
97.8 97.8 97.8 97.8 97.7 97.7 97.6 97.6 97.5 97.5 137 96.2
Old Mutual Mgd A CIS Sustainable World A Inc • InvPerp Mngd Income Inc HC Caerus Glo Opps B MFM Hathaway Inc Newton Maiden GBP Inc Courtiers TR Balanced Risk Practical Investment Inc St James’s Strategic Mngd Henderson Glbl Care Mgd A • Number of funds Average
113.2 113.1 112.1 112.0 112.0 111.9 111.8 111.6 111.5 111.5 137 107.2
Practical Investment Inc Old Mutual Mgd A MFM Hathaway Inc InvPerp Mngd Income Inc CIS Sustainable World A Inc • Cazenove Managed Portfol B PFS Hawksmoor Dist A Premier Mti Ast I&Grt A Net In Cazenove Mul-Man Div Bal A HC Caerus Glo Opps B Number of funds Average
123.9 123.8 123.2 122.7 122.5 122.4 122.0 122.0 121.7 120.2 136 115.0
Practical Investment Inc CIS Sustainable World A Inc • Old Mutual Mgd A AXA Framlington Mgd Bal R Baillie Giff Managed A Inc MFM Hathaway Inc Fidelity Moneybuilder Bal Inc SLI Glo Advantage St James’s Balanced Mngd Newton Maiden GBP Inc Number of funds Average
154.5 146.7 145.2 139.7 139.2 138.2 138.2 137.2 136.9 135.3 119 127.5
CF Ruffer European O McInroy & Wood Balanced Ecclesiastical Higher Inc A McInroy & Wood Income Baillie Giff Managed A Inc Fidelity Moneybuilder Bal Inc Newton Balanced GBP Inc Practical Investment Inc Old Mutual Mgd A Margetts Select Strategy Number of funds Average
197.8 179.1 172.4 164.8 156.7 156.5 156.5 151.6 150.3 150.1 71 136.3
CF Ruffer Japanese O Endurance Global Opportunities CF Miton Sp Sits Pfl A Sarasin ES IIID AP Unicorn Mastertrust B Inc SMT Egerton Stlg Invstmt Inv CF Ruffer Eq & Gen O Inc S&W Deucalion Investec GSF Glo Str Man A Inc CF Miton Strtgic Pfl A Number of funds Average
100.9 100.0 99.7 99.1 98.9 98.5 98.2 98.2 98.1 98.0 124 96.0
CF Ruffer Japanese O SMT Egerton Stlg Invstmt Inv Newton Osprey GBP Inc Unicorn Mastertrust B Inc Endurance Global Opportunities Premier Worldwide Grt A Net In InvPerp Mngd Growth OM Global Best Ideas A GBP TB Wise Investment A Courtiers Total Return Growth Number of funds Average
144.3 131.7 130.7 128.8 126.9 126.4 125.3 125.2 124.8 124.8 121 115.8
SMT Egerton Stlg Invstmt Inv 155.8 Unicorn Mastertrust B Inc 147.5 Newton Osprey GBP Inc 147.3 CF Ruffer Japanese O 144.6 OM Global Best Ideas A GBP 143.8 TB Wise Income A Inc 142.4 S&W CH UK Mgd Grth Inc 141.9 JPM Prtfl A 141.7 Alliance Trust SF AbsGrwth SC1 • 141.4 CF Stewart Ivory Inv Mkts Inc 141.1 Number of funds 104 Average 127.8
Newton Osprey GBP Inc Margetts Venture Strategy Trojan O Inc CF Ruffer Eq & Gen O Inc Newton Norfolk Trust GBP Inc Newton Notts Trust GBP Inc Investec GSF Glo Str Man A Inc Threadneedle Global Equity Cavendish Worldwide Retail Jupiter Merlin Gth Pfolio Number of funds Average
204.8 173.3 165.1 164.1 158.3 157.2 154.2 153.6 153.5 153.3 67 139.0
D
UK GILT
UK INDEX LKD GILT
£ CORPORATE BOND
F
£ STRATEGIC BOND
G
£ HIGH YIELD H
UK EQUITY & BOND INCOME Mixed invt 0-35% shares
Mixed invt 20-60% shares K
Mixed invt 40-85% shares
L
Flexible invEstMENT
CF Ruffer Japanese O 131.5 SMT Egerton Stlg Invstmt Inv 122.5 Endurance Global Opportunities 119.2 Newton Osprey GBP Inc 117.6 CF Richmond Core 116.6 Courtiers Total Return Growth 115.6 Alliance Trust SF AbsGrwth SC1 • 115.0 InvPerp Mngd Growth 114.7 Newton Ilex GBP Inc 114.6 JPM Prtfl A 114.4 Number of funds 124 Average 107.8
124.8 121.7 120.8 120.4 120.0 16 116.5
144.8 136.3 134.6 130.7 129.4 129.2 127.7 126.7 126.6 54 120.4
www.moneyobserver.com | August 2013
55
INVESTMENT FUNDS TOP PERFORMERS
As at 1 July 2013
TOP PERFORMERS IN EACH SECTOR – Return on £100 invested
After 1 month
M
GLOBAL
M1
GLOBAL equity income N
GLOBAL BONDS O
GLOBAL EMERGING MARKETS
P
SPECIALIST Q
TECH & TEL CO R
JAPAN R1
JAPAN SM COS S
china/ greater china T
ASIA Excluding JaPAN T1
ASIA INCL JAPAN U
NORTH AMERICA
U1
NTH AM SM COS 56
Ardevora Global Equity A Lindsell Train Global Equity A Jupiter Ecology • Henderson Glb Growth PFS Taube Global First State Ww Sustnblty B Henderson Glbl Care Gth A Inc • SLI Global Smlr Cos FF - Gl Health Care A-GBP First State GlblListdInfrAAcc MFS Mer Glbl Energy A1 GBP Henderson Intl A Net Henderson Global Focus St James’s Place Global Fundsmith R Class Number of funds Average
£
After 6 months
£
After 1 year
Source: Lipper
£ After 3 years
£ After 7 years
£
100.0 99.9 99.0 99.0 98.7 98.6 98.6 98.5 98.5 98.4 98.3 98.3 98.3 98.2 98.2 230 96.4
Guinness Alternative Energy C • Baillie Giff Glbl Disc A Global Healthcare Fund A Guinness Global Money Mgrs C L&G Global H&P Index R Inc • Old Mutual Gbl Eq A FF - Gl Health Care A-GBP InvPerp Global Opps St James’s Place Internatio... Lindsell Train Global Equity A SW Global Select Growth A FOUR Actv Gbl Inc & Gro C GBP Fundsmith R Class Fidelity Glbl Special Sits Ardevora Global Equity A Number of funds Average
142.1 131.0 125.9 125.8 125.0 125.0 124.0 122.3 122.2 121.8 121.4 121.3 121.2 121.0 120.9 228 113.7
Guinness Global Money Mgrs C Baillie Giff Glbl Disc A Guinness Alternative Energy C • St James’s Place Internatio... Old Mutual Gbl Eq A Templeton Growth A InvPerp Global Opps GAM Glbl Divers FF - Gl Fin Serv A-GBP CF Odey Opus SVM World Equity A St James’s Place Global Artemis Global Growth R FOUR Actv Gbl Inc & Gro C GBP OM Ethical A GBP • Number of funds Average
146.6 141.3 139.8 139.1 136.6 136.4 135.9 135.4 135.2 134.6 133.2 131.8 131.6 131.4 130.9 222 121.7
Old Mutual Gbl Eq A 167.3 L&G Global H&P Index R Inc • 163.8 Global Healthcare Fund A 162.7 St James’s Place Global 159.4 Artemis Global Growth R 157.4 MS Global Brands A GBP 154.8 Clerical Medical Intl Mgd 153.8 InvPerp Global Opps 153.8 MFS Mer Fds Gl Cncntrtd A1 USD 153.1 M&G Global Dividend A GBP Inc 153.0 MFS Mer Global Equity A1 GBP 151.9 Vanguard Gbl Smll-Cap Idx £ 151.7 FF - Gl Cons Ind A GBP 151.5 SLI International Trust 150.1 Halifax Intl Growth C 149.9 Number of funds 191 Average 133.9
FF - Gl Cons Ind A GBP 211.7 MS Global Brands A GBP 204.0 McInroy & Wood Smaller Comp 202.6 Global Healthcare Fund A 198.1 InvPerp Global SmCos 195.3 Henderson Glb Growth 195.2 L&G Global H&P Index R Inc • 192.7 Ecclesiastical Amity Intl A • 189.9 FF - Gl Health Care A-GBP 186.8 Newton Falcon GBP 183.1 CF Odey Opus 177.5 CF Adam Worldwide 177.4 Sanlam Global Financial A GBP 175.8 MFS Mer Fds Gl Cncntrtd A1 USD 175.5 MFS Mer Global Equity A1 GBP 175.4 Number of funds 130 Average 147.5
Fidelity Global Div A GBP Guinness Global Equity Inc C R & M Global High Inc A InvPerp Global Eq Inc Sarasin GloEqInc GBP Hdg A Number of funds Average
99.2 98.7 98.2 97.8 97.7 28 97.1
Guinness Global Equity Inc C Artemis Gbl Inc R Inc Fidelity Global Div A GBP InvPerp Global Eq Inc Threadneedle Glo Eq Inc R NA £ Number of funds Average
120.6 120.0 118.6 118.3 117.0 27 113.6
Artemis Gbl Inc R Inc Saracen Global Inc and Gr InvPerp Global Eq Inc Henderson Glb Eq Inc A Inc SLI Glbl Eqty Inc Rtl Fdr Number of funds Average
132.1 127.2 126.3 125.8 125.3 26 120.8
InvPerp Global Eq Inc Threadneedle Glo Eq Inc R NA £ Newton Glbl Hi Inc GBP Inc SLI Glbl Eqty Inc Rtl Fdr Schroder Gbl Eq Income A Number of funds Average
160.1 153.6 146.4 145.8 141.8 16 140.9
Newton Glbl Hi Inc GBP Inc SLI Glbl Eqty Inc Rtl Fdr Sarasin Intl Eq Inc A Bedlam Global Income AI UKR Global Equity Inc SC1 Number of funds Average
BCIF Oseas Govt Bd Trkr A • SWIP Global Bond Plus A SW International Bond A Scot Wid HIFML Intl Fixed Inc1 Henderson Inst Overseas Bnd A Number of funds Average
99.2 99.2 99.2 99.1 99.1 95 97.1
LS Multisector Inc Fd R/D GBP Hermes Gl HiYld Bond F GBP Principal GI Pref Sec A Inc SISF Global High Yield A Dis LM WA Glo Hi Yld ADM USD Number of funds Average
108.4 108.1 108.0 107.3 107.2 94 100.6
AG - Select Euro HY Bd D1 GBP AG - Select High Yld Bd D1 GBP M&G Europn Hi Yld Bd X Inc Threadneedle Europ HY Bd RNA Henderson HF EUR Corp Bd A1 Number of funds Average
123.7 121.7 120.6 117.8 115.7 89 104.7
AG - Select High Yld Bd D1 GBP Henderson HF EUR Corp Bd A1 Threadneedle Europ HY Bd RNA AG - Select Euro HY Bd D1 GBP M&G Europn Hi Yld Bd X Inc Number of funds Average
139.0 132.7 132.6 132.5 132.1 76 115.1
CI Gl High Inc Opps Xd GBP 218.6 Pictet-Gl EmgDebt-P dy USD 217.6 MFS Mer Emer Mkts Debt A1 GBP 212.7 Invesco Em Mrkts Bd USD A 199.8 AG - Select High Yld Bd D1 GBP 186.4 Number of funds 44 Average 166.1
FirstState Gl EM LdrsA GBP SJP Global Emerging Market Somerset EM Div Growth A First State Glo Em Mkts A JPM Em Mkts A First State Gbl EM Sust A £ • JPM Em Markets Income A OM JPM Emerging Markets A InvPerp Emg Cntries Polar Capital EM Cl R USD Number of funds Average
97.0 95.7 95.2 94.8 94.7 94.7 94.6 94.4 94.4 94.2 70 92.7
AG - EM Smaller Co D2 GBP 105.4 JPM EM SmCap A Dis GBP 104.5 Hermes Gl Emerg Mkts F GBP 104.2 First State Gbl EM Sust A £ • 103.5 InvPerp Emg Cntries 103.1 Templeton EM SmCos A Ydis GBP 103.0 PFS Somerset EM Small Cap 102.5 Threadneedle Gl EM Eq Nt £ 102.3 First State Glo Em Mkts A 102.1 JOHCM Emerging Markets B GBP 102.1 Number of funds 68 Average 96.9
AG - EM Smaller Co D2 GBP 121.0 119.7 First State Gbl EM Sust A £ • JPM EM SmCap A Dis GBP 116.8 PFS Somerset EM Small Cap 116.6 InvPerp Emg Cntries 115.7 First State Glo Em Mkts A 115.0 Magna EM Div N Dist GBP 114.8 Templeton EM SmCos A Ydis GBP 114.1 Threadneedle Gl EM Eq Nt £ 114.0 FirstState Gl EM LdrsA GBP 113.7 Number of funds 64 Average 107.1
AG - EM Smaller Co D2 GBP 140.4 First State Gbl EM Sust A £ • 139.6 FirstState Gl EM LdrsA GBP 138.2 SJP Global Emerging Market 137.1 First State Glo Em Mkts A 136.6 Somerset EM Div Growth A 129.4 Aberdeen Em Mkts A 123.6 AG - Emerging Mkts Eq D2 GBP 122.7 McInroy & Wood Emerging Market 120.2 InvPerp Emg Cntries 113.6 Number of funds 48 Average 108.2
FirstState Gl EM LdrsA GBP First State Glo Em Mkts A AG - Emerging Mkts Eq D2 GBP Aberdeen Em Mkts A Dimensional EmMkts Core Eq Lazard EmerMrkts Inc Threadneedle Gl EM Eq Nt £ JPM Em Mkts A AXA Framlington EM R Schroder Global Em Mkts A Number of funds Average
270.1 267.3 260.7 259.7 198.1 194.0 189.3 183.9 182.5 178.6 26 178.5
182.5 165.3 154.7 128.5 127.1 5 151.6
Polar Capital Health Opp R GBP GAIA CQS Crdt GBP Hedged A AI UK Abs SC A NB Divsfd Currncy USD AdvAcc Investec GSF Euro Money A Inc Number of funds Average
101.0 100.7 100.7 100.2 100.2 207 94.2
AXA Framlington Biotech R Polar Capital Health Opp R GBP Pictet-Biotech-P dy GBP Invesco Gl Health Care A OM Healthcare A GBP Inc Number of funds Average
135.8 131.0 130.5 127.0 123.9 201 100.1
AXA Framlington Biotech R Polar Capital Health Opp R GBP Baring German Growth A GBP Henderson Glbl Fincls A £ Jupiter JGF Gbl Finls L GBP Number of funds Average
139.6 139.3 138.4 137.1 135.9 195 106.9
AXA Framlington Biotech R Polar Capital Health Opp R GBP Pictet-Biotech-P dy GBP CF US Accelerator Index USD AXA Framlington Health R Inc Number of funds Average
209.9 185.0 177.2 160.3 159.2 157 107.3
AXA Framlington Biotech R AG - Indian Equity D2 GBP Franklin India A Ydis GBP JPM Lat Am Eq A Dis USD Magna Lat Am C EUR Number of funds Average
253.1 230.2 214.3 198.4 198.4 72 139.9
FF - Gl Telecoms A-GBP MFM Techinvest Technology Number of funds Average
101.2 99.3 13 96.9
Pictet-Digital Comm-P dy GBP MFM Techinvest Technology Number of funds Average
118.6 118.2 13 113.1
MFM Techinvest Technology Close FTSE TechMark • Number of funds Average
126.2 122.1 13 116.1
MFM Techinvest Technology Close FTSE TechMark • Number of funds Average
169.0 154.5 13 142.2
Close FTSE TechMark • Henderson GT A Net Number of funds Average
205.9 198.4 10 181.3
MFS Mer Japan Equity A1 USD SLI Japan OM Japanese Equity S GBP Hermes Japan Equity F GBP BGF Japan Value A4RF GBP Number of funds Average
106.4 106.2 104.0 103.9 103.8 58 101.6
Legg Mason Japan Equity A Baillie Giff Jap A Old Mutual Japanese Eq A JPM Jap A GLG Japan CoreAlpha A Number of funds Average
153.8 133.5 132.0 130.0 129.8 57 124.7
Legg Mason Japan Equity A 167.6 Neptune Japan Opps A GBP 137.9 Baillie Giff Jap A 136.5 InvPerp Japan 136.0 JPM Jap Behav Fin Eq A Dis USD 131.6 Number of funds 56 Average 125.3
Legg Mason Japan Equity A Baillie Giff Jap A Old Mutual Japanese Eq A Aberdeen Japan Growth A CF Morant Wright NipponYld A Number of funds Average
236.2 149.8 148.2 141.4 140.2 54 129.0
Neptune Japan Opps A GBP GLG Japan CoreAlpha A InvPerp Japan Baillie Giff Jap A JOHCM Japan B GBP Number of funds Average
170.5 145.8 139.5 126.9 126.0 40 110.3
BGF Japan S&MCap Opps A4RF GBP 101.9 Baillie Giff Jap S Co A 99.4 Number of funds 6 Average 99.3
InvPerp Jpn Sm Cos Baillie Giff Jap S Co A Number of funds Average
143.1 133.7 6 128.8
Baillie Giff Jap S Co A 137.7 BGF Japan S&MCap Opps A4RF GBP 134.2 Number of funds 6 Average 128.5
Baillie Giff Jap S Co A M&G Japan Small Cos A Inc Number of funds Average
161.5 143.5 6 139.8
M&G Japan Small Cos A Inc Baillie Giff Jap S Co A Number of funds Average
131.3 115.0 5 105.5
Fidelity China Consumer A FirstState Gtr CN Gth A GBP Henderson HF China A1 USD JPMrgn Greater China A Dis USD MC GF Greater China USD Number of funds Average
95.1 94.9 94.8 94.7 94.3 37 92.9
China Small Cos A USD InvPerp HK & China FirstState Gtr CN Gth A GBP Fidelity China Consumer A Invesco PRC Equity A Number of funds Average
115.4 110.3 107.1 106.9 106.3 36 101.0
Neptune China Speciall Sit GBP 129.4 InvPerp HK & China 125.8 China Small Cos A USD 122.0 FirstState Gtr CN Gth A GBP 120.7 JPMrgn Greater China A Dis USD 119.7 Number of funds 36 Average 112.5
FirstState Gtr CN Gth A GBP 131.2 JPMrgn Greater China A Dis USD 118.5 InvPerp HK & China 118.1 AG - Chinese Equity D2 GBP 116.8 Pictet-Greater China-P dy GBP 114.4 Number of funds 31 Average 103.7
FirstState Gtr CN Gth A GBP 290.7 JPMrgn Greater China A Dis USD 225.4 FF - China Focus A-GBP 219.0 InvPerp HK & China 216.2 AG - Chinese Equity D2 GBP 213.5 Number of funds 14 Average 202.1
Schroder Asian Inc Max A FirstState AsiaPacSus A GBP • Schroder Asian Income A Hermes Asia x Jap Eq F GBP Newton Asian Inc GBP Inc Fidelity Emerging Asia A Scot Wid HIFML Far Eastern 1 RL Asia Pac ex Jap Tracker Z Halifax Far Eastern C BCIF Pcfc Ex Jap Eqty Trkr L • Number of funds Average
95.5 95.5 95.3 94.8 94.8 94.6 94.6 94.6 94.5 94.5 76 93.3
JOHCM Asia ex Jp S & MC B GBP 112.5 Melchior Asian Opps USD A 111.6 Hermes Asia x Jap Eq F GBP 109.7 JOHCM Asia ex Japan B GBP Inc 109.6 AG - Asian Smaller Cos D2 GBP 108.4 Liontrust Asia Income Fund (R) 107.5 FirstState AsiaPacSus A GBP • 106.7 Henderson Asian Div Income 105.9 Schroder Asian Income A 105.9 L&G Asian Income R Inc 105.6 Number of funds 76 Average 102.1
JOHCM Asia ex Jp S & MC B GBP 131.8 JOHCM Asia ex Japan B GBP Inc 125.0 AG - Asian Smaller Cos D2 GBP 123.7 Melchior Asian Opps USD A 123.6 Old Mutual Asia Pacific A 122.5 FirstState AsiaPacSus A GBP • 121.8 Schroder Asian Income A 120.7 BGF Asian Dragon A4RF GBP 120.1 L&G Asian Income R Inc 120.0 Henderson Asian Div Income 119.9 Number of funds 75 Average 113.8
Newton Asian Inc GBP Inc 156.7 AG - Asian Smaller Cos D2 GBP 151.6 FirstState AsiaPacSus A GBP • 146.9 L&G Asian Income R Inc 144.8 Schroder Asian Income A 144.7 Schroder Asian Alpha Pls A 139.5 Schroder Asian Inc Max A 137.7 First State Asia Pac A £ 137.5 First State AsiaPacLdrs A £ 136.6 Vanguard Pac x-JapStckIdxGBAcc • 134.5 Number of funds 65 Average 122.6
AG - Asian Smaller Cos D2 GBP FirstState AsiaPacSus A GBP • First State AsiaPacLdrs A £ First State Asia Pac A £ Newton Asian Inc GBP Inc Templeton Asian Gr A Ydis GBP CF Canlife Asia Pacific B Fidelity South East Asia Investec Asia ex Japan A N Old Mutual Asia Pacific A Number of funds Average
323.0 280.2 260.7 260.4 254.5 237.4 230.2 229.9 228.2 226.7 50 200.2
GAM Star Asia Pac Eq GBP Baillie Giff Dev A Pac A Number of funds Average
97.9 97.4 8 96.1
InvPerp Pacific GAM Star Asia Pac Eq GBP Number of funds Average
InvPerp Pacific JPMrgn Pacific Eq A Dis GBP Number of funds Average
123.3 122.8 8 118.9
Baillie Giff Dev A Pac A Aberdeen Asia Pac & Japan A Number of funds Average
Aberdeen Asia Pac & Japan A InvPerp Pacific Number of funds Average
194.6 190.1 7 170.4
115.9 114.0 8 110.8
133.3 130.0 7 126.2
VT De Lisle America B GBP 100.3 Melchior N Amer Opps USD A 100.1 JPM US Equity Income A 100.0 JPM Amer Eq A Dis USD 99.9 Baillie Giff Amer A 99.5 GAM N Am Gth 99.4 Polar Capital Nor Am R GBP Inc 99.3 M&G North American Value A Inc 99.1 Number of funds 95 Average 97.7
LM Cap Mgmt Opp ADA USD 139.8 BGF US Basic Val A4RF GBP 127.2 Old Mutual Nth Amer Eq A 127.1 M&G North American Value A Inc 126.5 Scot Wid HIFML US Stratc 1 126.3 VT De Lisle America B GBP 126.3 CIS US Growth 126.3 UBS US Equity A 126.2 Number of funds 91 Average 121.8
LM Cap Mgmt Opp ADA USD FF & P US All Cap Value Equity Scot Wid HIFML US Stratc 1 VT De Lisle America B GBP Fidelity American Spec Sits CIS US Growth UBS US Equity A St James N America Number of funds Average
155.0 137.5 132.1 131.8 131.3 131.1 130.9 130.7 90 124.7
LM CB US Aggr Gro ADA USD 176.3 Old Mutual Nth Amer Eq A 172.0 JPM US Equity Income A 165.3 LM CB US LargeCapGth ADA USD 163.6 GAM N Am Gth 162.8 Greenwich 162.7 SWIP Nth American A 162.6 Vanguard US Eq Idx £Inc • 162.5 Number of funds 81 Average 151.1
Neptune US Opps A GBP 192.1 Jupiter North Amer Income Inc 191.1 GAM N Am Gth 187.9 Greenwich 187.3 Threadneedle American RNA GBX 182.8 Henderson US Growth 181.6 Threadneedle Amer Sel RNA GBX 178.0 CF Canlife Nth Amer B 176.6 Number of funds 55 Average 159.2
FF & P US Small Cap Equity JPM US Smllr Cos A Number of funds Average
FF & P US Small Cap Equity JPM US Smllr Cos A Number of funds Average
FF & P US Small Cap Equity JPM US Smllr Cos A Number of funds Average
138.1 133.9 7 131.0
FF & P US Small Cap Equity JPM US Smllr Cos A Number of funds Average
FF & P US Small Cap Equity 216.2 Threadneedle Amer Sm Cos RNA 210.8 Number of funds 6 Average 192.4
101.6 100.2 8 98.8
August 2013 | www.moneyobserver.com
133.8 129.2 8 125.0
166.0 164.9 6 155.7
performance of selected BENCHMARK INDICES
Percentage return after:
1
6
1
1.48 4.95 2.79 -1.32 6.84 24.29 21.92 22.12 18.50 15.32 9.60 11.76
0.97 8.16 11.02 -1.07 4.86 27.16 42.22 38.94 28.85 30.11 22.33 20.44
3
month months year Barclays Global Aggregate Bond TR Barclays Global Aggregate Corp TR Barclays Sterling Agg ex Gvt TR GBP Barclays Sterling Gilt TR Barclays UK Gvt Inflation Lked TR GBP Dow Jones Industrial Average TR FTSE 250 Mid (X It) TR FTSE All Small TR FTSE All World TR GBP FTSE All-Share TR FTSE All-World Greater China TR USD FTSE APCIMS/Balanced TR
-0.39 0.18 -1.67 -2.55 -3.15 4.95 3.45 3.57 2.48 2.91 2.15 1.59
7
years years 9.34 75.44 18.97 81.98 28.80 49.22 22.64 53.12 35.65 72.95 54.88 101.78 66.75 95.06 55.18 44.48 37.76 70.23 44.07 52.80 21.80 123.58 34.55 51.23
Percentage return after:
1
6
1
14.07 8.57 7.74 5.31 3.37 15.30 16.98 -0.13 17.90 20.58 27.37 22.29
24.16 15.53 16.62 7.76 9.62 27.96 36.50 -2.23 28.25 28.04 28.20 39.63
month months year FTSE APCIMS/Growth TR FTSE APCIMS/Income TR FTSE AW Emerging TR GBP FTSE AW Latin America (Emg) TR FTSE BRIC 50 CR USD FTSE EPRA/NAREIT Global TR FTSE EPRA/NAREIT UK TR FTSE Global Government Bond TR FTSE Global Large Cap TR GBP FTSE Global Small Cap CR FTSE Japan TR GBP FTSE Small Cap TR
2.20 0.72 -0.41 -4.46 -1.88 -4.78 3.85 -0.77 2.38 3.64 -3.15 3.69
3
7
Percentage return after:
years years
1
36.44 51.34 32.01 49.96 11.83 103.29 -1.56 139.22 -10.38 56.10 48.47 58.00 -23.39 7.16 76.67 37.14 68.21 35.12 60.41 18.65 12.22 56.02 39.66
6
1
month months year
FTSE Sterling Corporate Bond TR -1.50 2.35 FTSE UK Equity Income TR GBP 2.50 16.71 FTSE World Asia Pacific ex Jap TR GBP -2.50 9.36 FTSE World Europe ex UK TR GBP 3.24 18.77 FTSE World ex UK TR GBP 2.56 19.53 FTSE World North America TR GBP 4.74 21.85 FTSE World TR GBP 2.58 19.10 MSCI EM (Emerging Markets) TR GBP 0.07 7.25 NASDAQ Composite CR 6.58 21.36 Russell 2000 TR 6.76 27.49 S&P 500 TR 5.06 23.07 Note: TR = total return. CR = capital return
9.02 32.82 23.34 43.28 29.45 28.19 29.40 16.24 24.09 33.07 29.21
TOP PERFORMERS IN EACH SECTOR – Return on £100 invested
After 1 month
V
EUROPE EXCL UK
V1
EURO SMALL COS V2
EUROPE INCLuding UK X
£
CF Odey Contl Europn IM Argonaut Eupn Alpha £ A Scot Wid HIFML Euro Focus 1 Allianz Euro Eq Inc A • Jupiter European Income OM Threadneedle Eurn Sel A Ignis European Growth Inc Scot Mutual European Number of funds Average Ignis European Small Cos I Schroder European Sm Cos Inc MFS Mer Euro Small Cos A1 EUR Number of funds Average
After 6 months
£
After 1 year
3
7
years years 27.80 63.07 64.07 69.24 36.11 114.83 34.92 49.65 39.19 70.96 48.95 84.71 39.40 69.00 13.31 99.46 46.74 95.77 48.51 85.49 52.99 84.18
Source: Lipper
£
After 3 years
£
After 7 years
£
98.6 98.0 98.0 97.8 97.6 97.5 97.5 97.5 100 96.1
Scot Wid HIFML Euro Stratc 1 Scot Wid HIFML Euro Focus 1 BlackRock Cont Eur Inc A Artemis European Growth R InvPerp Eurpn Eq Income InvPerp Eurpn Opps CF Odey Contl Europn Digital Stars Europe Ex-UK GBP Number of funds Average
120.5 118.2 117.7 117.3 116.8 116.7 116.6 116.4 98 112.2
Scot Wid HIFML Euro Stratc 1 Artemis European Growth R InvPerp Eurpn Eq Income InvPerp Eurpn Equity CF Odey Contl Europn F&C European Growth & Inc1 BlackRock Cont Eur Inc A Cazenove European Income B Number of funds Average
146.1 142.0 139.5 137.9 137.7 137.2 136.3 136.1 94 131.3
Threadneedle Eupn Sel RNA GBX 160.2 Scot Wid HIFML Euro Stratc 1 159.9 BlackRock European Dynamic 156.6 Jupiter European 155.8 Scot Wid HIFML Euro Focus 1 155.1 Baillie Giff Europn A 153.9 Henderson Eupn Focus 153.6 SLI European Eq Inc Inc 153.2 Number of funds 90 Average 136.4
FF & P European All Cap Equity 238.4 BlackRock European Dynamic 211.9 Jupiter European 209.5 Threadneedle Eupn Sel RNA GBX 182.9 Digital Stars Europe Ex-UK GBP 179.5 BlackRock Cont European Inc 178.5 Baillie Giff Europn A 170.6 GAM Star Cont Eurpn Eq GBP 170.0 Number of funds 70 Average 142.9
101.1 99.2 98.6 13 97.8
Ignis European Small Cos I Schroder European Sm Cos Inc JPM Eurp Smllr Cos A Number of funds Average
123.4 119.4 115.7 13 113.5
Ignis European Small Cos I Baring Europe Select GBP Inc JPM Eurp Smllr Cos A Number of funds Average
141.7 136.1 134.2 13 130.5
MFS Mer Euro Small Cos A1 EUR 174.4 Threadneedle Eupn Sm Cos RNA 168.2 Ignis European Small Cos I 165.1 Number of funds 13 Average 151.7
Threadneedle Eupn Sm Cos RNA 213.2 Threadneedle PanEupn SmCos RNA 211.7 Baring Europe Select GBP Inc 199.5 Number of funds 10 Average 163.1
CI Europ Grth And Inc Xd GBP 117.8 JPM Eu Strat Gth A Dis GBP 116.7 Franklin European Gth AYdisGBP 116.6 BGF European Value A4RF GBP 115.4 St James Greater Eu Prog 115.0 Number of funds 41 Average 112.2
JPM Europe Eq+ A Dis GBP BGF European Value A4RF GBP Franklin European Gth AYdisGBP SLI Pan European CI Europ Grth And Inc Xd GBP Number of funds Average
135.6 134.4 134.0 133.3 131.8 39 127.2
JPM Europe Eq+ A Dis GBP 164.5 Allianz Europe Eq Gr A GBP 156.9 Franklin European Gth AYdisGBP 154.7 JOHCM Europn Sel Val B GBP 153.7 MFS Mer Europn Core Eq A1 EUR 153.5 Number of funds 36 Average 142.6
JOHCM Europn Sel Val B GBP 184.7 MFS Mer Europn Core Eq A1 EUR 177.0 FF - Europ Dyn Gth A-GBP 175.4 Threadneedle Pan Euro RNA GBX 168.7 Digital Stars Europe GBP 168.1 Number of funds 23 Average 143.7
Premier Optm In A Net In MFS Mer European Value A1 GBP Threadneedle Pan Eur Accel C1 Franklin European Gth AYdisGBP MFS Mer Fds Eurpn Rsrch A1 GBP Number of funds Average
98.2 97.9 97.9 97.8 97.6 41 96.3
Marlborough Cash Trust Henderson Money Mrkt Number of funds Average
100.1 100.0 9 100.0
Marlborough Cash Trust InvPerp Money Number of funds Average
100.6 100.2 9 100.1
Marlborough Cash Trust Premier UK Money Mkt A Net Number of funds Average
101.3 100.4 9 100.3
Marlborough Cash Trust Premier UK Money Mkt A Net Number of funds Average
103.1 101.7 9 101.3
Henderson Cash Retail Premier UK Money Mkt A Net Number of funds Average
X1
BlackRock Cash Royal London Short Term MM Number of funds Average
100.0 100.0 14 100.0
Baillie Giff Cash A Net Inc Jupiter Cash Number of funds Average
100.2 100.1 14 100.0
Baillie Giff Cash A Net Inc JPM Sterling Liq Agency Dis Number of funds Average
100.5 100.2 14 100.1
JPM Sterling Liq Agency Dis Baillie Giff Cash A Net Inc Number of funds Average
101.0 100.9 14 100.5
JPM Sterling Liq Agency Dis 116.0 Fidelity Moneybuilder Cash ISA 114.8 Number of funds 11 Average 111.9
X2
MFS Mer Fds Prdnt Wlth A1 GBP 101.0 HSBC Capital Prot 02 100.1 Number of funds 8 Average 97.7
MFS Mer Fds Prdnt Wlth A1 GBP 114.9 Investec MAP 2 I Net 104.3 Number of funds 8 Average 103.3
MFS Mer Fds Prdnt Wlth A1 GBP 115.7 Investec MAP A Net 108.3 Number of funds 7 Average 104.9
Investec MAP A Net AI UKR Active Protector Number of funds Average
110.8 SW Safety Plus A 107.5 5 Number of funds 104.1 Average
GLG Alpha Sel Alt DN GBP IM Argonaut EupnAbsRtn £ A Liontrust Eupn Abs Rtn Fd (R) BlackRock Euro Abs Alpha P Cazenove UK Abs Target P1 GBP City Financial UK Equity A RWC Gl Gth Abs Alpha A GBP CF Odey Absolute Rtn RET GBP Number of funds Average
103.7 103.5 101.8 101.7 101.4 101.4 101.3 101.1 77 99.4
CF Odey Absolute Rtn RET GBP 123.8 OM Glo Eq Abs A GBP Hdg 115.8 IM Argonaut EupnAbsRtn £ A 113.3 Henderson Eupn Abs 112.3 City Financial UK Equity A 110.3 Insight Abs UK Eq Mk N B1p USD 109.7 RWC Europe Abs Alpha A GBP 108.5 GLG Alpha Sel Alt DN GBP 108.2 Number of funds 74 Average 103.8
CF Odey Absolute Rtn RET GBP 143.9 City Financial UK Equity A 124.9 Henderson Eupn Abs 117.9 Cazenove Abs UK Dyn P1 GBP 115.5 SISF Wealth Pres EUR C 114.8 SISF Wealth Pres EUR USD A1Acc 114.4 SISF Wealth Pres EUR USD A1Dis 114.4 OM Glo Eq Abs A GBP Hdg 114.2 Number of funds 72 Average 107.7
CF Odey Absolute Rtn RET GBP Cazenove Abs UK Dyn P1 GBP Insight Abs Credit B1p £ City Financial UK Equity A OM Glo Eq Abs A GBP Hdg L&G UK Absolute R Henderson Eupn Abs BlackRock Euro Abs Alpha P Number of funds Average
210.2 148.8 134.9 134.2 132.7 120.7 120.5 120.1 59 112.5
SISF Wealth Pres EUR C 168.4 SISF Wealth Pres EUR A 159.5 SISF Wealth Pres EUR A Dis 159.5 SISF Wealth Pres EUR USD A1Acc 158.9 Newton Real Return A GBP Inc 157.2 SISF Wealth Pres EUR USD A1Dis 157.2 SISF Wealth Pres EUR A1 157.1 SISF Wealth Pres EUR A1 Dis 157.0 Number of funds 19 Average 147.2Number of funds
HCMansionUKStAccmInc&GrAccAGBP 102.5 St James’s Place Property 101.3 F&C UK Property 1 100.4 L&G UK Property R 100.3 M&G Prop Ptfl Sterling A Inc 100.3 Ignis UK Property 100.3 AI UKR Property Trust Inc 100.3 Threadneedle UK Prop Trust 100.3 Number of funds 38 Average 98.0
Aberdeen Property Share A 111.6 HHF Asia-Pac Prop Eq A1 USD 110.7 BCIF Glbl Prop Sec Eq Trk A • 109.2 Henderson HF Glo Prop Eq A1 US 108.7 SWIP Multi Mngr Glbl RE A 108.6 Fidelity Global Property 108.3 HSBC Open Global Property 107.4 First State GblPropSecs A 106.6 Number of funds 38 Average 103.7
HHF Asia-Pac Prop Eq A1 USD 132.4 Aberdeen Property Share A 130.7 First State AsianPropSecsA 123.9 Premier Pan Euro Prop A Net In 122.0 HHF Pan Europ Prop Eq A1 EUR 121.4 JPM Glbl Prop Secs A 118.2 SWIP European Real Estate 118.1 Henderson HF Glo Prop Eq A1 US 117.6 Number of funds 37 Average 109.8
Aberdeen Property Share A 161.3 First State GblPropSecs A 147.0 JPM Glbl Prop Secs A 146.5 Fidelity Global Property 143.1 SWIP Multi Mngr Glbl RE A 142.6 SWIP European Real Estate 142.5 M&G Gbl Real Est Sec A Inc GBP 142.5 HHF Pan Europ Prop Eq A1 EUR 142.0 Number of funds 35 Average 122.9
HHF Asia-Pac Prop Eq A1 USD 163.1 SWIP Multi Mngr Glbl RE A 146.3 Henderson HF Glo Prop Eq A1 US 144.6 Schroder Global Prop Sec A 140.5 SWIP European Real Estate 105.2 L&G UK Property R 103.8 Premier Pan Euro Prop A Net In 96.0 Ignis UK Property 93.7 Number of funds 20 Average 97.7
Jupiter Ecology ․ Henderson Glbl Care Gth A Inc ․ Jupiter Responsible Inc ․ AllianceTrustUK EthcalSF A ․ Guinness Alternative Energy C ․ Scot Wid HIFML Ethical 1 ․ Halifax Ethical C ․ F&C Stewardship Intl 1 Inc ․ Sarasin EquiSar SR H GBP A ․ Alliance Trust SF UK Grwth SC1 ․ Number of funds Average
Guinness Alternative Energy C ․ 142.1 L&G Global Env Enterp R ․ 119.5 Sarasin EquiSar SR A ․ 118.8 Allianz Glo EcoTrnds A ․ 118.4 OM Ethical A GBP ․ 118.3 F&C Stewardship Intl 1 Inc ․ 117.9 Henderson Glbl Care Gth A Inc ․ 117.7 Schroder Gbl Climate Chg A ․ 116.9 AllianceTrust SF AbsGrowth SC1 ․ 115.7 Kames Ethical Equity A ․ 115.4 Number of funds 59 Average 111.4
Guinness Alternative Energy C ․ 139.8 SLI European Ethical Eq ․ 136.0 Premier Ethical A Net Inc ․ 133.4 SLI UK Ethical ․ 132.7 Ecclesiastical Amity Europn A ․ 131.6 OM Ethical A GBP ․ 130.9 Alliance Trust SF EurGrwth SC1 ․ 128.8 Kames Ethical Equity A ․ 127.9 CIS Sustainable Leaders A Inc ․ 127.2 Henderson Glbl Care Gth A Inc ․ 126.4 Number of funds 57 Average 121.4
SLI UK Ethical ․ 167.5 Henderson Gl Care UK Inc A Inc ․ 156.1 Kames Ethical Equity A ․ 154.8 Ecclesiastical Amity UK A ․ 153.7 Premier Ethical A Net Inc ․ 152.9 SVM All Europe SRI A ․ 150.5 Jupiter Responsible Inc ․ 150.1 CIS Sustainable Leaders A Inc ․ 149.4 Alliance Trust SF UK Grwth SC1 ․ 147.7 L&G Ethical R Inc ․ 147.0 Number of funds 53 Average 132.8
FirstState AsiaPacSus A GBP ․ Ecclesiastical Amity Intl A ․ Kames Ethical Equity A ․ CIS Sustainable Leaders A Inc ․ SLI UK Ethical ․ Henderson Glbl Care Gth A Inc ․ Halifax Ethical C ․ Ecclesiastical Amity UK A ․ F&C Stewardship Intl 1 Inc ․ Premier Ethical A Net Inc ․ Number of funds Average
MONEY MARKET Sht term MNY MKT PROTECTED Y
TARGETED ABSOLUTE RETURN Z
PROPERTY
GREEN/ ETHICAL
99.0 98.6 98.5 98.2 98.0 97.8 97.8 97.7 97.7 97.7 59 96.5
www.moneyobserver.com | August 2013
115.1 115.0 8 113.5
110.5 1 110.5
280.2 189.9 160.8 155.5 151.5 147.7 147.1 146.7 146.1 144.8 34 142.3
57