In a reverse of November’s edition, it’s the stock market sectors occupying the top places while bond sectors dominate the dud sectors for December.
What’s Hot
- A duo of thematic sectors, Healthcare and Infrastructure. Relatively small sectors –
just 15 and 16 funds (greater than £50m) respectively.
- Following declines in three successive months, Latin America is up nearly 4%.
- UK Smaller Companies have bounced back from a dip in November.
- Global Equity Income makes up the remaining top place, up 3.94%.
What’s Not
- The greater likelihood of earlier interest rate rises has hurt bonds.
- A pair of European bond sectors feature.
- The two UK Gilts sectors have tailed off after some gains in October and November, most notably UK Index Linked Gilts sector which is down 5.76%.
- China has had a tough month but also a tough year, down more than 3% over the former and down 15% over the latter.
What’s Hot
|
Name
|
Last Month Performance %
|
|
IA Healthcare
|
4.85
|
|
IA Global Equity Income
|
3.94
|
|
IA Latin America
|
3.80
|
|
IA UK Smaller Companies
|
3.79
|
|
IA Infrastructure
|
3.77
|
What’s Not
|
Name
|
Last Month Performance %
|
|
IA UK Index Linked Gilts
|
-5.76
|
|
IA China/Greater China
|
-3.34
|
|
IA EUR Government Bond
|
-2.42
|
|
IA UK Gilts
|
-2.38
|
|
IA EUR Mixed Bond
|
-2.06
|
Sector performance 01/12/2021 – 31/12/2021. No size filter applied. All Investment Association sectors considered.
NOTE
This blog is simply to highlight short term trends. These are not recommendations.