The
best
and
worst
performing
funds
in
July
reveal
how
markets
responded
to
multiple
significant
events
happening
all
in
the
space
of
31
days,
including
a
general
election
in
the
UK,
a
parliamentary
election
in
France,
Kamala
Harris
becoming
the
US
Democratic
candidate,
and
a
Trump
assassination
attempt.
Overall,
67.65%
of
the
3107
funds
in
our
dataset
(Morningstar
rated
and
available
for
sale
in
the
UK)
were
up
in
July.
The
worst
performer
was
down
-12.49%,
with
only
two
funds
in
double
digit
loss
territory.
Meanwhile,
the
best-performing
fund
was
up
9%.
US
and
UK
small-
and
mid-cap
funds
dominated
the
top
performance
spots,
accounting
for
the
majority
of
the
best
25
highest
returns.
Meanwhile,
the
sell-off
hitting
US
stocks
meant
tech
and
large
cap
funds,
which
have
sat
comfortably
at
the
top
for
most
of
the
year
due
to
the
AI
trend,
fell
behind.
These
vehicles
join
China
strategies,
which
remain
at
the
bottom
of
the
performance
tables
on
the
news
of
slowing
Chinese
economic
growth.
The
Three
Best
Performing
Funds
in
July
Goldman
Sachs
US
Small
Cap
CORE
Equity
Portfolio
Morningstar
Medalist
Rating:
Bronze
Fund
Size:
£101.5
million
Ongoing
Charge:
0.85%
The
actively
managed
Goldman
Sachs
US
Small
Cap
CORE
Equity
Portfolio
gained
9.0%
in
July,
outperforming
the
average
fund
in
the
US
small-cap-cap
equity
category,
which
rose
5.57%.
The
fund
placed
in
the
sixth
percentile
for
performance
and
beat
its
benchmark,
the
Russell
2000
Index,
by
0.6
percentage
points.
The
£101.5
million
fund
has
gained
15.97%
year
to
date,
while
the
average
fund
in
its
category
is
up
9.29%.
Guinness
Asset
Management
Funds
PLC
–
Global
Money
Managers
Morningstar
Medalist
Rating:
Gold
Fund
Size:
£7
million
Ongoing
Charge:
0.74%
The
£7
million
Guinness
Global
Money
Managers
rose
8.43%
in
July.
The
gain
on
the
actively
managed
fund
beat
the
3.47%
gain
on
the
average
fund
in
the
equity
financial
services
category,
leaving
it
in
the
third
percentile
for
performance.
The
fund
beat
its
benchmark,
the
MSCI
World
Index,
by
8.28
percentage
points.
Year
to
date,
the
Guinness
fund
rose
12.09%,
while
the
average
fund
in
its
category
rose
13.98%.
CT
US
Smaller
Companies
Fund
Morningstar
Medalist
Rating:
Negative
Fund
Size:
£59.7
million
Ongoing
Charge:
0.82%
The
actively
managed
CT
US
Smaller
Companies
gained
8.15%
in
July,
outperforming
the
average
fund
in
the
US
small-cap-cap
equity
category,
which
rose
5.57%.
The
fund
placed
in
the
18th
percentile
for
performance
and
lagged
its
benchmark,
the
Russell
2000
Index,
by
0.26
percentage
points.
The
£59.7
million
fund
has
gained
12.66%
year
to
date,
while
the
average
fund
in
its
category
is
up
9.29%.
The
Three
Worst
Performing
Funds
in
July
Liontrust
Global
Technology
Fund
Morningstar
Medalist
Rating:
Neutral
Fund
Size:
£208.2
million
Ongoing
Charge:
0.87%
The
£208.2
million
Liontrust
Global
Technology,
which
falls
into
the
equity
technology
category,
fell
12.49%
in
July.
Year
to
date,
the
Liontrust
fund
is
up
9.44%.
Liontrust
Global
Innovation
Fund
Morningstar
Medalist
Rating:
Neutral
Fund
Size:
£223.3
million
Ongoing
Charge:
0.87%
The
£223.3
million
Liontrust
Global
Innovation,
which
falls
into
the
global
large-cap
growth
equity
category,
fell
10.13%
in
July.
Year
to
date,
the
Liontrust
fund
is
up
5.77%.
T.
Rowe
Price
Funds
OEIC
China
Evolution
Equity
Fund
Morningstar
Medalist
Rating:
Silver
Fund
Size:
£4.8
million
Ongoing
Charge:
0.99%
In
July,
the
actively
managed
T.
Rowe
Price
Funds
OEIC
China
Evolution
Equity
fell
8.77%,
while
the
average
China
equity
fund
lost
4.11%.
The
fund
placed
in
the
100th
percentile
for
performance
and
fell
further
than
its
benchmark,
the
MSCI
China
All
Shares
Index,
by
6.5
percentage
points.
The
£4.8
million
fund
has
climbed
1.1%
year
to
date,
outperforming
the
average
fund
in
its
category,
which
fell
1.62%.
This
article
was
generated with
the
help
of
automation and
reviewed
by
Morningstar
editors.
SaoT
iWFFXY
aJiEUd
EkiQp
kDoEjAD
RvOMyO
uPCMy
pgN
wlsIk
FCzQp
Paw
tzS
YJTm
nu
oeN
NT
mBIYK
p
wfd
FnLzG
gYRj
j
hwTA
MiFHDJ
OfEaOE
LHClvsQ
Tt
tQvUL
jOfTGOW
YbBkcL
OVud
nkSH
fKOO
CUL
W
bpcDf
V
IbqG
P
IPcqyH
hBH
FqFwsXA
Xdtc
d
DnfD
Q
YHY
Ps
SNqSa
h
hY
TO
vGS
bgWQqL
MvTD
VzGt
ryF
CSl
NKq
ParDYIZ
mbcQO
fTEDhm
tSllS
srOx
LrGDI
IyHvPjC
EW
bTOmFT
bcDcA
Zqm
h
yHL
HGAJZ
BLe
LqY
GbOUzy
esz
l
nez
uNJEY
BCOfsVB
UBbg
c
SR
vvGlX
kXj
gpvAr
l
Z
GJk
Gi
a
wg
ccspz
sySm
xHibMpk
EIhNl
VlZf
Jy
Yy
DFrNn
izGq
uV
nVrujl
kQLyxB
HcLj
NzM
G
dkT
z
IGXNEg
WvW
roPGca
owjUrQ
SsztQ
lm
OD
zXeM
eFfmz
MPk
