80-20 Investor Best of the Best Selection – July 2024 Update

Of the 30 funds in June's BOTB selection 21 funds have retained their place after a strong performance for the BOTB with an average return of over 2% during June. This outperformed the average professionally managed multi-asset fund but, interestingly, the BOTB underperformed its benchmark by a sizeable margin which is very unusual. It suggests that while the asset mix boosted the BOTB's performance, the actual fund selection could have been better. When looking at the performance of individual funds, it's clear that the bond element of the BOTB portfolio didn't benefit from the rally in long dated bonds. Similarly the European equity exposure was hampered by the fund choices.

Obviously, the chart above only looks at the average across all of the funds within the BOTB. The top-performing funds in June's BOTB are highlighted in the table below and were mostly those funds with the highest US equity exposure.