UK Smaller Companies and Japanese equities top the charts in July

The top performing Elite Rated funds during July 2016 threw up some surprises, with some UK mid and small-cap funds, which were hurt most by Brexit, bouncing back to take their place in the top ten.

Japanese equity funds, which had a torrid June, also bounced back with prominent positions in the top ten. Our senior research analyst, James, recently said: “With Abe having won a super-majority, he is in a very strong position and constitutional change is finally on the agenda. The government needs asset prices to rise and wealth to increase, and it will continue to support the economy and markets. Investing in Japan can be very volatile and the easy money was made at the start of Abenomics, but this could still be good news for equities.”

Top 10 performing Elite Rated funds during July 2016¹:

  1. Neptune Japan Opportunities 9.48%
  2. Man GLG Japan CoreAlpha 9.44%
  3. Marlborough Special Situations 9.17%
  4. AXA Framlington Global Technology 8.95%
  5. Schroder Tokyo 8.91%
  6. Neptune UK Mid Cap 8.44%
  7. Baillie Gifford Global Discovery 8.03%
  8. Old Mutual UK Smaller Companies 7.86%
  9. Jupiter UK Growth 7.56%
  10. Liontrust UK Smaller Companies 7.37%

¹Source: FE Analytics, main shareclasses, total returns in sterling, from 1 July 2016 to 31 July 2016

The views of the author and any people interviewed are their own and do not constitute financial advice. However the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.