80-20 Investor Best of the Best Selection – March 2023 Update

Commentary

Of the 30 funds in February's BOTB, 18 funds have retained their place in March's selection. The chart below shows the average performance of the BOTB during February (the red line) against a benchmark that is calculated using the respective sector averages for each fund in the BOTB and assuming the same asset mix (the green line). You can see that the BOTB outperformed its benchmark, in what was a tricky month especially for bond investors. So, again it's unsurprising that almost two-thirds of the funds have retained their place in the BOTB.

The above chart also shows how the selection has fared against the average professionally managed fund from the Mixed Investment 20-60% Shares sector and the Mixed Investment 40-85% Shares sector. The former is typically more cautious than the BOTB given its lower equity exposure (and higher bond exposure) while the latter tends to be more adventurous.