Here we take a look at the best performing funds of 2024.
- US dominance continued in 2024, with no other major equity market a serious challenger
- Therefore, it’s no surprise that technology dominated, with 7/20 of the best funds for the year in the Technology/Technology Innovation sector
- The Global sector also appeared consistently strong throughout the year, largely driven by the correlation with US success
- China gave investors glimmers of hope late on in the year, as highlighted by the strong 6-months performance from iShares China Large Cap UCITS ETF, up 20.54% between July and December
Top Performing Funds – Full 2024 Calendar Year
|
Fund Name
|
Sector
|
Growth %
|
|
Alger American Asset Growth
|
IA North America
|
50.55
|
|
Lord Abbett Innovation Growth
|
IA North America
|
45.89
|
|
SVS Aubrey Global Conviction
|
IA Global
|
43.81
|
|
MS INVF US Growth
|
IA North America
|
43.61
|
|
iShares S&P 500 Information Technology Sector UCITS ETF
|
IA Technology & Technology Innovation
|
39.62
|
|
HAN Alerian Midstream Energy Dividend UCITS ETF
|
IA Unclassified
|
39.01
|
|
T. Rowe Price US Blue Chip Equity
|
IA North America
|
38.59
|
|
First Trust Cloud Computing UCITS ETF
|
IA Specialist
|
38.17
|
|
Xtrackers MSCI USA Information Technology UCITS ETF
|
IA North America
|
38.11
|
|
Nomura American Century US Focused Innovation Equity
|
IA North America
|
38.08
|
|
L&G Global Technology Index Trust
|
IA Technology & Technology Innovation
|
37.68
|
|
PIMCO GIS MLP & Energy Infrastructure
|
IA Specialist
|
37.42
|
|
NB Next Generation Connectivity
|
IA Specialist
|
37.21
|
|
New Capital US Growth
|
IA North America
|
36.86
|
|
SSGA SPDR MSCI World Communication Services UCITS ETF
|
IA Technology & Technology Innovation
|
36.64
|
|
Xtrackers MSCI World Communication Services UCITS ETF
|
IA Technology & Technology Innovation
|
36.43
|
|
Janus Henderson Global Technology Leaders
|
IA Technology & Technology Innovation
|
36.14
|
|
UBS US Growth
|
IA North America
|
35.6
|
|
AB International Technology Portfolio
|
IA Technology & Technology Innovation
|
35.09
|
|
SSGA SPDR MSCI World Technology UCITS ETF
|
IA Technology & Technology Innovation
|
35.08
|
Top Performing Funds First 6 Months 2024
|
Fund Name
|
Sector
|
Growth %
|
|
iShares MSCI Turkey UCITS ETF
|
IA Specialist
|
36.74
|
|
iShares S&P 500 Information Technology Sector UCITS ETF
|
IA Technology & Technology Innovation
|
31.52
|
|
NB Next Generation Connectivity
|
IA Specialist
|
30.54
|
|
Xtrackers MSCI USA Information Technology UCITS ETF
|
IA North America
|
29.43
|
|
Janus Henderson Global Technology Leaders
|
IA Technology & Technology Innovation
|
29.20
|
|
Alger Alger American Asset Growth
|
IA North America
|
28.36
|
|
GQG Partners U.S. Equity
|
IA North America
|
28.31
|
|
Xtrackers MSCI World Momentum UCITS ETF
|
IA Global
|
27.50
|
|
SSGA SPDR MSCI World Technology UCITS ETF
|
IA Technology & Technology Innovation
|
27.45
|
|
iShares Edge MSCI World Momentum Factor UCITS ETF
|
IA Global
|
27.41
|
|
Xtrackers MSCI World Information Technology UCITS ETF
|
IA Technology & Technology Innovation
|
27.39
|
|
AB International Technology Portfolio
|
IA Technology & Technology Innovation
|
27.22
|
|
Polar Capital Global Technology
|
IA Technology & Technology Innovation
|
27.06
|
|
iShares Edge MSCI USA Momentum Factor UCITS ETF
|
IA North America
|
26.85
|
|
L&G Global Technology Index Trust
|
IA Technology & Technology Innovation
|
26.82
|
|
JK Japan Fund
|
IA Japan
|
26.68
|
|
Axiom Concentrated Global Growth Equity
|
IA Global
|
26.06
|
|
Nomura Japan Strategic Value
|
IA Japan
|
25.84
|
|
MFS Meridian U.S. Growth
|
IA North America
|
25.73
|
|
Liontrust Global Technology
|
IA Technology & Technology Innovation
|
25.06
|
Top Performing Funds Final 6 Months 2024
|
Fund Name
|
Sector
|
Growth %
|
|
MS INVF US Growth
|
IA North America
|
45.50
|
|
MS INVF US Advantage
|
IA North America
|
34.63
|
|
Morgan Stanley US Advantage
|
IA North America
|
33.97
|
|
Nikko AM ARK Disruptive Innovation
|
IA Specialist
|
30.48
|
|
SSGA SPDR S&P U.S. Consumer Discretionary Select Sector
UCITS ETF
|
IA North America
|
25.88
|
|
Robeco FinTech
|
IA Financials and Financial Innovation
|
25.03
|
|
Xtrackers MSCI USA Consumer Discretionary UCITS ETF
|
IA North America
|
24.58
|
|
First Trust Cloud Computing UCITS ETF
|
IA Specialist
|
24.51
|
|
iShares S&P 500 Consumer Discretionary Sector UCITS ETF
|
IA North America
|
24.33
|
|
Wellington FinTech Fund
|
IA Financials and Financial Innovation
|
23.33
|
|
Baillie Gifford American
|
IA North America
|
21.81
|
|
iShares China Large Cap UCITS ETF
|
IA China/Greater China
|
20.54
|
|
HAN Alerian Midstream Energy Dividend UCITS ETF
|
IA Unclassified
|
20.17
|
|
SVS Aubrey Global Conviction
|
IA Global
|
20.06
|
|
L&G Cyber Security UCITS ETF
|
IA Global
|
19.84
|
|
WisdomTree Cloud Computing UCITS ETF
|
IA Technology & Technology Innovation
|
19.84
|
|
Xtrackers MSCI USA Financials UCITS ETF
|
IA Financials and Financial Innovation
|
19.76
|
|
Invesco Global Consumer Trends
|
IA Global
|
19.74
|
|
Xtrackers MSCI Singapore UCITS ETF
|
IA Specialist
|
19.72
|
|
SSGA SPDR S&P U.S. Financials Select Sector UCITS ETF
|
IA North America
|
19.25
|
Funds <£50m in size excluded from the above research