Investors have been warned against chasing annual best performing fund lists, after new data analysis has found the leaders rarely replicate performance.
A new study from Oxford Risk found that half of 2021's top ten list lost money last year, meaning none of the portfolios made the same ranking in 2022, Investment Week has learned. The research also showed that all of 2020's top performing funds lost money last year, while four have lost money over three years. Morningstar: Extensively diversified multifactor ETFs more likely to outperform Overall, the best funds of 2022 were dominated by energy funds, with the only non-energy portfolios on the list being iShares MSCI Turkey and HSBC MSCI Turkey, returning 99.5% and 98.8%, respecti...
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