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

Commentary

Of the 30 funds in September's BOTB, 19 funds have retained their place in October's selection in a sign of consistency. The chart below illustrates the average performance of the BOTB during September (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 marginally outperformed both the UT Mixed Investment 20-60% Shares (purple line) and the UT Mixed Investment 40-85% (grey line).

The top-performing funds in September's BOTB are highlighted below, which includes Asian/emerging market assets as well as alternative assets (in the case of Thesis TM Tellworth UK Select).

Fund September 2023 % return LF Morant Wright Nippon Yield 4.72 Thesis TM Tellworth UK Select 2.78 Fidelity Japan 2.07 Lazard Emerging Markets 2.07 Man GLG Sterling Corporate Bond 1.1

At the other end of the scale, European equities and technology focused funds struggled once again.