80-20 Investor Best of the Best Selection – February 2022 Update

Of the 30 funds in January’s BOTB, only 9 funds have retained their place in February’s selection, which is one of the lowest levels of consistency since I’ve been running 80-20 Investor. It is a reflection of the rapid repricing of assets as investors grow increasingly concerned over how aggressively central banks will remove monetary stimulus, especially in the US. The chart below shows the average performance of the BOTB during January against a benchmark that is calculated using the respective sector averages for each fund in the BOTB and assuming the same asset mix.

The performance is a reflection of the equity and bond market sell-off we saw across markets, as highlighted by the chart below showing the price moves of key stock market indices during January. The BOTB was hampered by its exposure to technology stocks which struggled as concerns grew of the increasingly hawkish stance of most global central banks.