November’s Best- And Worst-Performing Funds

November’s Best- And Worst-Performing Funds

November was another month where the list of best and worst performing funds looked dramatically different from previous months.

Last month, we stated that volatility completely flipped the table. With soaring cases and a new Covid-19 variant, November followed in the footsteps of October, and Morningstar data shows the trend.

At the top of the performance list we have two Schroder funds: ISF Taiwanese Equity, with a 7.64% return, and ISF China with 7.52%. However, it is bond funds and US equity that complete most of our top 10 list. Bonds have struggled to add value in the past months but as equities took a hit, the category remained stable.

Best Performing Funds in November

Two global inflation-linked bond funds performed particularly well: PIMCO GIS Global Real Return (returning 6.11%) and Schroder ISF Global Inflation-Linked Bond (returning 6.08%).Several of the funds that just missed out on our top 10 are either UK inflation bonds or US government bonds funds too. But the category goes beyond that too: a large part of all bond funds feature in the top 200 performing funds of November. According to Shore Financial Planning, the UK and US ten year yields finished at 0.81% and 1.46% respectively.

Inflation is at the forefront