80-20 Investor Best of the Best Selection – April 2020 Update

16 min Read Published: 04 Apr 2020
Commentary

Last time, I wrote that February 2020 will be talked about for years to come, as it turns out March may be talked about even more so. Markets capitulated further with all asset classes tumbling (except cash and US/UK government bonds). Having said that, even government bonds tumbled as much as 11% during March, before rallying to finish the month up 2.09%.

As a collective, the BOTB list for March finished on average down 11.40% which is on a par with the -11.10% for the average fund from the Mixed Investment 40-85% Shares sector.

Three funds from March's BOTB made a profit during the month and the next best performer was Baillie Gifford Positive Change as shown below. All four funds retain their place in April's BOTB.

Fund March % return Vanguard UK Long Duration Gilt Index 2.66 Royal London UK Government Bond 1.28 AXA Framlington Biotech 1.2 Baillie Gifford Positive Change -2.96

In fact they are the only funds that do retain their place on the BOTB.

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