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

Of the 30 funds in October's BOTB, 16 funds have retained their place in November's selection after another strong monthly performance relative to its benchmarks. The chart below shows the average performance of the BOTB during October (the green 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 blue line). You can see that the BOTB outperformed its benchmark.

The chart also shows how the selection has marginally outperformed 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 while the latter tends to be more adventurous. Once again the BOTB outperformed due to its low exposure to UK bonds (in particular gilts) but also its lack of exposure to technology stocks.