Asia and smaller companies bear fruit in 2017

Funds exposed to Asia and smaller companies produced the best returns for investors in 2017, according to Shore Financial.

Asia and smaller companies bear fruit in 2017
Hot air balloons in Bagan, Myanmar


Based on data taken from FE Analytics between 1 January 2017 and 1 January 2018, Shore Financial found eight of the top 10 funds were either Asian or Chinese, with smaller companies funds occupying the other two places.

It also found China was the top performing fund sector with three smaller companies sectors making the top five.

Baillie Gifford shines 

The two top-performing funds during the year were the Baillie Gifford Greater China Fund, which returned 49.19% over the period, followed by the Baillie Gifford Pacific Fund with a return of 42.37%.

These were followed by JPM Asia Growth and Baring Eastern Trust which produced returns of 42.27% and 42.22%, respectively.

Two smaller companies funds followed closely behind, with the Elite Webb Smaller Companies Income & Growth and Jupiter UK Smaller Companies returning 41.66% and 41.45% respectively (see chart below).

Source: FE

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