You are here: Home - Investing -

20 funds that suffered in the first half of 2012

0
Written by:
19/07/2012
Resources funds are among the largest losers of the year so far as sharp falls in the price of oil and other commodities took their toll.

The price of a barrel of crude oil has crept up again since the start of July, but the impact of the second quarter sell-off is still being felt: a barrel of Brent crude current trades at $105, down from a 2012 peak of $125 a barrel in late March.

The fall in prices which saw Brent reach a 18-month low of $90.62 at the end of June also furthered the fall in other commodities, making for a miserable six months for a lot of resources funds.

With bullion selling off from a February high of $1,780 to trade at under $1,600 by the end of June, gold funds have also struggled this year.

As macro concerns continue to dominate, further monetary stimulus will likely help many lagging funds reverse their 2012 losses, though Federal Reserve chairman Ben

Bernanke seemingly reluctant to launch a fresh round of quantitative easing in an election year.

That leaves the question of whether gold can regain its safe haven status remaining finely balanced.

Investors in cyclicals, on the other hand, will be hoping for a dampening down of the eurozone crisis and more positive noises from China and the global economy.

 

Below are the 20 worst-performing funds of 2012 so far.

 Fund Name                                                 Return (%)                                              
 SF t1ps Smaller COmpanies Gold -33.55 
Junior Gold  -29.38 
SF t1ps Smaller Companies Growth  -29.06 
Schroder ISF Global Small Cap Energy  -20.18 
WAY Charteris Gold Portfolio  -19.81 
CF Riffer Baker Steel Gold  -18.74 
Smith and Williamson Global Gold & Resources  -18.06 
JPM Natural Resources  -16.22 
Guiness Alternative Energy  -15.67 
Thesis Australian Australian Natural Resources USD -15.62
Close Special Situations  -15.16 
Investec Global Gold  -14.88 
Thesis Australian Natural Res AUD  -14.80 
JPM Global Mining A Net Acc -14.44 
Schroder ISF Global Energy  -14.39
Blackrock Gold and General  -14.14 
First State Global Resources  -13.48 
SVM UK Absolute Alpha  -12.55 
BGF World Mining  -11.87
Baring Global Resources -11.64

Data to 30 June. Source: Morningstar

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Everything you need to know about being furloughed

Few people had heard of ‘furlough’ before March 2020, but the coronavirus pandemic thrust the idea of bein...

Coronavirus and your finances: what help can you get in the second lockdown?

News and updates on everything to do with coronavirus and your personal finances.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Kids in your 40s? Prepare to be in debt into your 70s

Those who choose to have children later in life could expose themselves to being debt for longer, according to insurers...

Close