.png)
What’s Hot
- Five “Property Other” funds feature…
- …these funds invest into quoted property vehicles, so respond like any other stock market investment, in this case to the news that interest rates might not go as high as expected last month…
- Such funds fell in the region of 40% from their September 2021 peak, they were due a bit of a rally
- More interesting is the bounce in FTSE 250 funds, mid-caps, and including the very Value-style Schroder Recovery
- Ruffer Gold is an interesting feature. Gold is on the cusp just now – though we are not yet sure what!
What’s Not
- Three Japan funds is not a shock, after a super rally in the last few months.
- With mid-cap funds rallying (see above) it is unexpected to see the Schroder UK small-cap fund in this list. One for us to explore.
- The other funds are mostly idiosyncratic.
What’s Hot
|
Name
|
Sector
|
Last Month’s
Performance %
|
|
abrdn European Real Estate
|
Property Other
|
7.21
|
|
Premier Miton Pan European Property
|
Property Other
|
7.16
|
|
abrdn UK Real Estate
|
Property Other
|
6.01
|
|
VT Gravis UK Listed Property (PAIF)
|
Property Other
|
5.82
|
|
L&G UK Mid Cap
|
UK All Companies
|
5.79
|
|
CT Property Growth & Income
|
Property Other
|
5.64
|
|
Schroder Recovery
|
UK All Companies
|
5.35
|
|
Sarasin Food & Agriculture Opportunities
|
Specialist
|
5.34
|
|
VT De Lisle America
|
North America
|
5.32
|
|
LF Ruffer Gold
|
Specialist
|
5.28
|
What’s Not
|
Name
|
Sector
|
Last Month’s
Performance %
|
|
FTF Martin Currie Japan Equity
|
Japan
|
-3.19
|
|
Schroder Tellworth UK Dynamic Absolute Return
|
Targeted Absolute Return
|
-2.74
|
|
TM Home Investor
|
Property Other
|
-2.29
|
|
BlackRock European Absolute Alpha
|
Targeted Absolute Return
|
-2.05
|
|
abrdn Strategic Investment Allocation
|
Specialist
|
-1.45
|
|
Baillie Gifford Japanese Smaller Companies
|
Japan
|
-1.41
|
|
Schroder UK Dynamic Smaller Companies
|
UK Smaller Companies
|
-1.32
|
|
AXA Framlington Biotech
|
Specialist
|
-1.31
|
|
FSSA Japan Focus
|
Japan
|
-1.07
|
|
CT Dollar Bond
|
Global Bonds
|
-1.02
|
Fund performance 01/07/2023 – 26/07/2023. 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.