Moneyspider in the News
10/11/2007
Top returns are emerging
Birmingham Post
Emerging market funds have produced up
to six times higher returns than their leading mainstream counterparts
over the past five years, data shows.
The top-performing Asia Pacific (excluding
Japan) fund, Gartmore China Opportunities, has gained £26,850 on a
£5,000 investment five years ago - a staggering 537 per cent rise
- according to independent online fund ratings provider moneyspider.com
Jupiter Emerging European Opportunities
has produced similarly strong growth of £23,950 on the same investment.
The fund, which mainly invests in Russia, Turkey and Poland, has consistently
outperformed the emerging markets sector benchmark, and is rated A on
the Moneyspider scale.
Meanwhile, the top mainstream North American
and western European funds have lagged far behind. Martin Currie North
American fund, the top fund in that geographical sector, has made just
£4,350 on a £5,000 investment five years ago, while Artemis European
Growth, the leading Europe (excluding UK) collective investment, has
grown by £11,600.
Moneyspider ranks funds on a scale
of A to E and not a single emerging market fund is currently rated below
B.
Director Tony Ahearne said that fact
'speaks for the strength of the sector as a whole'.
He said emerging markets have come along
way since their inherent difficulties in the 1990s.
'Improved political stability in many
hitherto no-go parts of the world combined with rising exports and a
higher degree of economical autonomy have manifested themselves in the
strong performances of the funds,' he said. 'It would appear that
investors may be focussing less on risk and more on growth.'
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