Market volatility often acts as a trigger for investors to review their portfolios – on the back of recent market activity, we thought we would share some key extracts of recently published fund research* with you, which provides an interesting insight into how some investments have been performing below par since central banks across the globe implemented measures to try and stimulate their economies.
There are many reasons why funds go through periods of poor performance, with many coming out the other side, but, with a number of fund houses on this year’s list being serial culprits, this report should spur those whose portfolios have not been appraised, whether privately or through work, to have a review.
Of the main fund houses, the top 5 poor-performers were M&G, BNY Mellon, Aberdeen, St. James’ Place and Baillie Gifford, the first 3 of which also topped last year’s charts. Below is an overview of the top poor-performing funds to watch out for, from both these fund houses and other providers in their respective markets.
Elite Charteris Premium Income
IFSL Harewood Uk Enhanced Income
UK Smaller Companies
SF Webb Capital Smaller Companies Growth
CFIC Cotopus UK Micro Cap Growth
Standard Life Ignis Small Companies
Aberdeen European Smaller Companies Equity
Aberdeen European Equity Global
Legg Mason IF Martin Currie Emerging Markets
F&C Emerging Markets
UBS Emerging Markets Equity Income
St James’s Place Far East
Aberdeen Asia pacific & japan Equity
Aberdeen Asia Pacific Equity
IFSL Harewood US Enhanced Income
Legg Mason IF ClearBridge US Equity Income
Schroder Japan Alpha Plus
Aberdeen World Equity Income
M&G Global Basics
Kennox Strategic Value
If you have funds invested in any of the above, and would like to setup a review of your investment portfolio, please contact your Finura Partners adviser.
*Source: Research taken from Bestinvest
As tax year end approaches, there is still time to make use of your available reliefs and allowances.
This tax year end planning checklist covers the main planning opportunities available to UK resident individuals and will hopefully help to inspire action to reduce tax for the 2023/24 tax year and to plan ahead for 2024/25.
As tax rate band thresholds are changing, understanding the impact on high rate taxpayers and the economy is crucial.
It was recently revealed in the media that the amount we need to enjoy a ‘moderate’ retirement has increased by £8,000 per annum, a 38% increase, in just one year.