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So, we're officially in April, March is now behind us, and here at City AM, we've pulled together the best and worst performing funds of the month so you don't have to
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So, according to the data, the best performing fund last month was the Baker Steel Gold and Precious Metals Fund, which rose 23% in a single month
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Eight of the top 10 funds last month were gold funds. Gold and precious metal had a really, really good month last month
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It's been having a good quite few months for a while. The only two in the top 10, numbers 9 and 10, that weren't precious metal funds, were a value fund and a mining fund
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So this month really has been about gold. Meanwhile, the worst performing funds from March were a lot more varied
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The worst performer was the Oxi-Hed Income Fund, which fell about 10%, but it's still flat this year because of how well it did in January
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You had some European funds in there, some China funds in there, even a UK fund in there
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There's no kind of real bad sector right now, which is quite unusual
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It's one sector doing very badly and the rest are doing great. This month everything been okay When you look at which sectors did best actually it was UK sectors that did really well UK equity income UK all companies UK gilts These are the sectors that
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are actually doing pretty well, which is rare. But gold, precious metals were still number one
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When you look at the worst performing sectors, you've got China in there, you've got UK property
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and you've got European bonds. But actually, every single sector was up this month
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month. When you look at investment trusts, it's a similar story. You had some gold trusts up there
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you had some growth trusts up there. But interestingly, it's the trust that have been doing
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really badly in the last few months that actually did pretty well this month. Something like
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Digital Nine Infrastructure, who have just got permission to sell off a big part of their portfolio
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that was previously being blocked due to antitrust concerns. Or something like hypnosis. You know
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they have a big music catalogue and it's been coming under fire about not really being valued what
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it's actually worth maybe, but we've got confirmation this month about how much it really costs
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We here at Citi-AM want to know the funds that you're investing in. Drop a comment below and like and subscribe for more ysis
