A variety of funds make up the top 10, dominated by energy funds with a tickle of global equities. For the second month in a row, precious metals and Latin America are the laggards.
What’s Hot
- The top fund is rather unsurprisingly an energy fund, the Schroder ISF Global Energy fund, up 17.79%
- Energy and commodities dominate the top performers, albeit from an array of different sectors
- A supposedly low risk absolute return fund is the anomaly in an otherwise fairly high risk table – LF Brook Absolute Return (more on this eclectic sector HERE)
- HSBC Russia, with over 35% of the fund in energy, has benefited from rising oil prices
- In total a fairly similar picture to August’s table
What’s Not
- The dominance of funds in the Specialist sector across both tables highlight why our Dynamic Ratings must be taken with a pinch of salt for this sector…
- …though this sector has recently been further split into six new sectors (including Commodity/Natural Resources and India, just to name two)
- The worst performer over the month was the HSBC GIF Brazil Equity fund, down 11.64%
- The What’s Not table is remarkably similar to August’s, dominated by precious metals and Latin American funds
- Six of the ten funds in September’s table were also in the August edition
What’s Hot
|
Name
|
Sector
|
Last Month Performance %
|
|
Schroder ISF Global Energy
|
IA Global
|
17.79
|
|
Guinness Global Energy
|
Commodity/Natural Resources
|
15.32
|
|
BlackRock GF World Energy
|
Commodity/Natural Resources
|
14.03
|
|
LF Brook Absolute Return
|
Targeted Absolute Return
|
7.83
|
|
Pimco GIS MLP & Energy Infrastructure
|
Specialist
|
7.21
|
|
BlackRock GF India
|
India/Indian Subcontinent
|
6.15
|
|
Jul Baer Multicooperation SICAV GAM Commodity
|
Commodity/Natural Resources
|
6.00
|
|
Vontobel Asset Management S.A. Commodity
|
Specialist
|
5.76
|
|
HSBC GIF Russia Equity
|
Specialist
|
5.37
|
|
Lazard Japanese Strategic Equity
|
Japan
|
5.31
|
What’s Not
|
Name
|
Sector
|
Last Month Performance %
|
|
HSBC GIF Brazil Equity
|
Specialist
|
-11.64
|
|
JGF-Jupiter Gold And Silver
|
Specialist
|
-11.32
|
|
JPM Brazil Equity
|
Specialist
|
-10.37
|
|
BlackRock Gold & General
|
Specialist
|
-9.19
|
|
Threadneedle Latin America
|
Latin America
|
-9.08
|
|
Quilter Investors Precious Metals Equity
|
Specialist
|
-8.80
|
|
Fidelity Latin America
|
Specialist
|
-8.43
|
|
Schroder ISF Latin American
|
Latin America
|
-8.39
|
|
ASI Latin American Equity
|
Latin America
|
-8.28
|
|
Ninety One Global Gold
|
Specialist
|
-8.24
|
Fund performance 01/09/2021 – 30/09/2021. Funds <50m in size and ETF’s excluded from the above research.
*We do this blog as a bit of fun and to simply highlight the short term trends. These are not funds we’re highlighting that have any particular long-term potential.