Best performing funds of 2023 offer triple-digit returns but poor timing spells 30% loss

Analysis of the year's top performers

The best performing funds of 2023 offered investors the ability to double their investment over the course of 12 months, although poor timing would have resulted in losses of more than a third, a study by Investment Week has found.

2023 was filled with several major financial events, including the biggest banking crash in the US since 2008, the non-materialisation of the 'the year of bond' and the expectations for a potential end of the central bank hiking cycle. That did not mean there was no opportunity for returns, however. Friday Briefing: 2023 or 2022, again? While the average total return of the 20 best performers of 2023 was 60.7%, investors could have made as much as 127.7% had they invested in the HANetf Grayscale Future of Finance UCITS ETF and stuck with it to year-end. However, had investors at...