FundCalibre has awarded four Elite ratings and added one fund to its elite radar, with two M&G funds making the cut.
The new Elite-rated funds include Jupiter Monthly Income Bond fund, M&G Asian, M&G North American Dividend and Ranmore Global Equity. Rathbone Greenbank Global Sustainable Bond, which was launched in November 2023, has been added to the Elite Radar.
The Jupiter Monthly Income Bond fund, managed by Hilary Blandy, has returned 21% since September 2020, against a sector average 6.5%.
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“This is a very solid monthly income bond fund with a short-duration approach making it less interest rate sensitive than its peers,” FundCalibre stated.
“The monthly income payment is also a nice feature, and when combined with the fund’s yield, makes this an attractive option for income seekers.”
M&G Asian, managed by David Perrett since 2019 alongside his investment team, focuses on long-term returns for Asian equities. The fund has between 50 to 90 holdings and has returned 33% in the past three years compared to a sector average 9.2%.
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“Their hands-on approach and willingness to take meaningful differentiated positions sets them apart from their peers. For investors looking for exposure to the Asian market, this fund should be a strong contender,” FundCalibre said.
M&G’s second strategy achieving a rating, the North American Dividend fund, aims to outpace the S&P 500 across any five-year period. In the past three years, it has outpaced IA North America with a 56.73% return.
“Managed by the experienced John Weavers since 2015, the fund has a bottom-up approach, targeting companies that can reliably grow their dividend,” FundCalibre said.
“The fund’s concentrated portfolio and well-defined strategy make it a solid choice for investors seeking both income and long-term capital appreciation.”
Ranmore Global Equity, a value strategy, differentiates itself from the peer group by investing across all cap sizes. The strategy has proved effective, as fund manager Sean Peche has doubled the return of his peer group in the past three years, at 65%.
“With a bias towards mid and small-cap stocks, this is a true hidden gem, offering valuable diversification and making it a great option for investors seeking to balance their portfolios with value exposure,” FundCalibre said.
Despite being just a year and-a-half past its launch, the Rathbone Greenbank Global Sustainable Bond has been placed on the Elite Radar. The fund themes align with the UN Sustainable Development Goals.
“Managed by an experienced team with a proven track record, it provides a versatile option for those looking to integrate sustainability into their portfolios. Its commitment to investing in companies contributing to a more sustainable world makes it an attractive choice for ethically conscious investors.”