Top performing funds were impacted by several global drivers in November 2019. In the UK, consumer spending has continued to drive the economy, helped by stronger real earnings growth over the past year (source: PwC). However, the housing market has cooled and business investment has seen a declining trend as a result of Brexit-related uncertainty.
At the same time, investor confidence took another knock from increased political tensions with the US and China. Recently the OECD called on governments to cooperate and invest to prevent prolonged stagnation. According to them:
“We need urgent co-ordinated political action to restore confidence, boost inclusive growth and raise living standards. Global trade is stagnating and is dragging down economic activity in almost all major economies. Policy uncertainty is undermining investment and future jobs and incomes. Risks of even weaker growth remain high, including from an escalation of trade conflicts, geopolitical tensions, the possibility of a sharper-than-expected slowdown in China and climate change.” (source: OECD).
Long Only Funds
| Rank | Company | Fund Name | October ’19 | YTD | 3 Years | CAGR | AUM (Million $) |
|---|
(Criteria used: Track Record > 1 Year, Currency: $US dollar)
ETFs
| Rank | Company | Fund Name | October ’19 | YTD | 3 Years | CAGR | AUM (Million $) |
|---|
(Criteria used: Track Record > 1 Year, Currency: $US dollar)
UCITS Funds
| Rank | Company | Fund Name | October ’19 | YTD | 3 Years | CAGR | AUM (Million $) |
|---|
(Criteria used: Track Record > 1 Year, Currency: $US dollar)
Fund of Funds
| Rank | Company | Fund Name | October ’19 | YTD | 3 Years | CAGR | AUM (Million $) |
|---|
(Criteria used: Track Record > 1 Year, Currency: $US dollar)
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The Edgefolio team
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Disclaimer
Data provided by Morningstar. Care has been taken to ensure that the information is correct, but Edgefolio neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.