80-20 Investor Best of the Best Selection – May 2019 Update

16 min Read Published: 04 May 2019
Commentary

11 funds from last month's list of 30 remain the same, while the BOTB's overall equity exposure inches up from around 40% to 49% which is a reflection of the continued strength in equity markets, particularly during April. The BOTB's low equity exposure meant that during a month when equities performed well that the average return for the BOTB was 0.95% versus 2.87% for the average professionally managed fund from the Mixed Investment 40-85% Shares sector and 1.81% for the average fund in the Mixed Investment 20-60% Shares sector.

From last month's selection, the best performers during April were Fidelity China Consumer, BlackRock Emerging Markets and Baillie Gifford Emerging Markets Leading Companies which made 4.77%, 3.86% and 3.71% respectively. M&G Global Listed Infrastructure also had yet another good month, up over 2%. The funds that disappointed were the gilt focused funds which were hampered by a fall in the value of the pound and have now been axed from the BOTB.

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