Top 10 fund in 2020.
NONE of these form any part of a recommendation - simply posting the information.
10. Lord Abbett Innovation Growth USD: 71.5%
Sector: North America
Sector average performance: 16.1%
Managers & Citywire rating: Matthew DeCicco (AAA), Thomas O’Halloran (AAA), Vernon Brice (AA)
The fund was a major beneficiary of the tech rally, with Apple, Amazon, Microsoft and Google owner Alphabet in its top five holdings. It also owns Zoom and Tesla.
9. Matthews Asia China Small Companies: 72.2%
Sector: China/Greater China
Sector average performance: 33.4%
Managers & Citywire rating: Winnie Chwang (pictured, A), Andrew Mattock (AA)
The fund topped the sector with a diverse portfolio that includes shipping, glass and pet food companies.
8. MFM Junior Gold: 72.5%
Sector: Specialist
Sector average performance: 6.7%
Managers & Citywire rating: Angelos Damaskos (+)
The fund had a stellar first half of the year, with small cap gold miners rising sharply as demand for the precious surged amid the turmoil of the pandemic.
7. Baillie Gifford Global Discovery: 76.8%
Sector: Global
Sector average performance: 15.3%
Managers & Citywire rating: Douglas Brodie (AAA)
The first of four Baillie Gifford funds in the top 10, close to two thirds of the portfolio was in US equities, with Tesla and Teladoc big winners. UK supermarket delivery firm Ocada was another stock that surged in 2020.
6. Premier Miton UK Smaller Companies: 77.3%
Sector: UK Smaller companies
Sector average performance: 6.5%
Managers & Citywire rating: Gervais Williams (Pictured left, A), Martin Turner (Pictured right, A)
After a difficult period of performance in 2019, the fund rebounded sharply in 2020. Big winners included Jubilee Metals, Trackwise Designs and oil small cap Touchstone Exploration.
5. Guinness Sustainable Energy: 79.3%
Sector: Global
Sector average performance: 15.3%
Managers & Citywire rating: Edward Guinness
Along with tech, environmental stocks were another significant winner in 2020. The fund’s top 10 positions in Vestas Wind Systems, First Solar and Xinyi Solar were big contributors to performance.
4. Baillie Gifford Positive Change: 80.1%
Sector: Global
Sector average performance: 15.3%
Managers & Citywire rating: Kate Fox (Pictured, AAA), Lee Qian (AAA)
The fund profited from a number of stocks that saw their share prices deliver triple digit gains in 2020. Tesla, Moderna and Teladoc are all top 10 holdings.
3. Baillie Gifford Long Term Global Growth Investment: 95.6%
Sector: Global
Sector average performance: 15.3%
Managers & Citywire rating: Tom Slater (Pictured, AAA), Mark Urquhart (AAA)
Like its sister funds, the portfolio’s top 10 read like a who’s who of the best performing stocks in 2020. Tesla, Shopify, Tencent and Amazon all contributed to the fund’s numbers.
2. Morgan Stanley US Growth: 110.4%
Sector: North America
Sector average performance: 16.1%
Managers & Citywire rating: Team managed
The fund’s largest holding, Zoom, rose more than fourfold over the year and became a household name due to its ubiquity during lockdown. Chunky positions in Shopify and Amazon also bolstered returns.
1. Baillie Gifford American: 121.8%
Sector: North America
Sector average performance: 16.1%
Managers & Citywire rating: Kirsty Gibson (Pictured, AAA), Gary Robinson (AAA), Tom Slater (AAA)
It’s no surprise that Baillie Gifford claimed top spot, with the commonality of holdings across the group’s portfolios, resulting in them dominating the top 10. Tesla, Shopify, Zoom, Wayfair and Amazon were among the names propelling the fund to the head of the leaderboard.