Wednesday, March 31, 2010

Moneywise's Investment Trust Awards

Nathalie Bonney picks out the top performers in the 2010 Moneywise's Investment Trust Awards.
Emerging Markets Winner: Templeton Emerging Markets IT
Fund manager: Mark Mobius
Fund size: £1,739 million
NAV % performance over five years: 275.1%
Share price return over five years: 298.1%
Volatility (5YR%): 32.4%
Total expense ratio: 1.45%
Highly commended: JPMorgan Emerging Markets Investment Trust
It's the second most successful sector over 10 years, according to the AIC, growing by 284%.
Ranked number one with all four judges. Cockerill is impressed that "despite being twice as large as the next closest in the sector, it remains the best performing fund".

Managed by Mark Mobius, who has a wealth of knowledge on emerging markets, Templeton Emerging Markets Investment Trust invests in Latin America, emerging Europe and Asia from companies in information, manufacturing and services.

Just behind Templeton is JPMorgan's Emerging Markets Investment Trust. Brazil is its largest country weighting at present but Moore thinks that the Asian part of its portfolio represents its likely growth areas.  "This is a core global emerging markets fund with a high exposure to China and India. This trust should benefit from the expected growth in these two countries."

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