To continue on my regular update on fund performance and investment trends, here are the latest figures showing the performance of the best ten funds and worst ten funds in Ireland for the first 6 months of 2010. If you have been following these updates regularly, there is a very obvious trend with Indian equity funds continuing to perform very strongly and consistently, but also show less volatility than China or other emerging markets. Property funds also continue to make strong recoveries, particularly those invested in the UK Commercial property sector.
Fund Name YTD %
BOI / New Ireland UK Geared Property 44.97%
Friends First Insight Property 28.13%
Irish Life Fidelity India 27.60%
Irish Life Property Portfolio 24.42%
Stan Life Synergy UK Smaller Companies 23.63%
Irish Life Fidelity India China 19.39%
Friends First Insight Property 19.22%
Canada Life SEI Japanese Equity 19.06%
AIB SP Japan Equity Indexmaster 18.38%
Stan Life Synergy Indian Equity 18.05%
The bottom 10 funds are dominated by European Equity and Property funds. The Eurostoxx 50 index has underperformed and European Property, which had held up relatively well compared to Ireland and the UK, has finally seen more falls in 2010.
Fund Name YTD %
Ark AIB Euro Financials -19.92%
Aviva IRL Blackrock World Energy -15.25%
Aviva IRL Blackrock World Mining -13.83%
Quinn Life Euro Freeway -12.43%
BOI / New Ireland Smart Eurostoxx 50 -11.78%
Irish Life Indexed Europe -11.42%
New Ireland Alternative Energy -11.21%
Friends First Pan European Insight Property -9.52%
Irish Life Indexed Ireland -9.34%
Friends First Corinthian Property -8.98%
WARNING - PAST PERFORMANCE IS NOT A RELIABLE GUIDE TO FUTURE RETURNS.
WARNING - THIS REPORT IS FOR ILLUSTRATION AND INFORMATION ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE
