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

Of the 30 funds in April's BOTB, selection 19 funds have retained their place in May's selection despite the selection enduring a tricky month, which was the result of a slump in global equity markets, especially in the US and Japan. The BOTB fell 1.35% during April, however, as the chart below shows, the BOTB's benchmarks also endured a pullback during April.

Obviously, the chart above only looks at the average across all of the funds within the BOTB but there were some positive performances among the funds that make up the selection. The top-performing funds in April's BOTB are highlighted in the table below. The standout performers were funds with exposure to Indian equities,. UK equities also fared well as did bond funds. The BOTB's underweight in UK equities is one of the reasons the selection struggled during April. But on a positive note, it's good to see two of the funds listed are in my own £50k portfolio (namely Ninety One UK Special Situations and Liontrust India).