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

Commentary

Of the 30 funds in October's BOTB, 20 funds have retained their place in November's selection in another sign of consistency. The chart below illustrates the average performance of the BOTB during October (the blue line) against a benchmark that uses the respective sector averages for each fund in the BOTB, assuming the same asset mix (the green line). You can see that the BOTB significantly outperformed the average professionally managed fund from the Mixed Investment 40-85% Shares sector (grey line).

The top-performing funds in October's BOTB are highlighted below, which includes short-dated bond funds as well as alternative assets. Thesis TM Tellworth UK Select, which is my own £50k portfolio, tops the chart.

Fund October 2023 % return Thesis TM Tellworth UK Select 1.39 M&G Short Dated Corporate Bond 0.73 WS Canlife Short Duration Corporate Bond 0.58 Man GLG Sterling Corporate Bond 0.5 Premier Miton Strategic Monthly Income Bond 0.29

At the other end of the scale, UK equities and technology focused funds struggled with the latter hit by a stronger US dollar and rising bond yields as explained in November's monthly newsletter.