You are here: Home - Saving & Banking - News -

Lipper issues January fund review

0
Written by:
07/02/2008

Four of the top five performing funds in January were commodity related, according to Lipper.

Dr Richard Ramyar, Lipper’s head of research, said: “The story in January was driven by global uncertainty and the yellow metal’s march to a month-end price of $933.

“Four of the top five performing funds were commodity related, with a very strong positive bias towards gold. The Investec Global Gold Fund was the leading performer last month, returning 7.12%.

“January’s “Golden Four” also enjoyed positive three-month returns and one-year returns of between 23.9% and 52.3%.

“The only fund in the top five that was not commodity related was the Neptune Japan Opportunities Fund, returning 6.13%. This strong performance bucked the downward trend of Japanese markets. Nevertheless, this was only one of the top five funds. The Japanese comeback story has had too many false starts to date to easily compete with the historic performance of gold over the recent years.”

Related Posts

Tagged:

Tag Box

Debt

Pension

Spending

Financial fitness

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.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

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...

YourMoney.com Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
FEATURE: Thousands hit by credit card withdrawal

In light of Egg’s decision to cancel the accounts of thousands of its credit card holders, Barney McCarthy looks at...

Close