What’s Hot What’s Not: Gold Glitters Again, Property Struggles

• Gold has done well this month. Gold funds take the top 3 spots with the best up 43%.
• The US is the other big winner, with smaller companies and large-cap funds both making the top 10. It’s a good showing for Baillie Gifford, taking 3 of the top 10 spots.
• The lone UK fund is a midcap fund. Do keep an eye on this area, which is one we’ve highlighted in recent teleconferences for Gold Members.

• Property hasn’t excited this month.
• 80% of the Not Hot funds are direct property funds.
• The remainder are two Absolute Return funds. While these two funds haven’t fallen much it’s a confused sector where care is needed. The best of the bunch is up over 10% in a month, which is quite a lot for a supposedly lower-risk sector.

FURTHER READING

• Gold Members Teleconference - 1 May 2020
• Gold bug? This one's for you
• Greenspan and the Age of Ignorance

What's Hot

What's Not