The picture is generally similar among funds registered for sale to investors in Singapore, although the lists of funds differ. China, India and Asia Pacific ex-Japan equity funds dominate the top-ten list, with one European equity fund, the Old Mutual UK Smaller Companies Focus Fund also delivering a stellar return exceeding 60%.
Top 10 performers (Singapore)
Fund | Sector | 1-year Return |
BCM Vitruvius Greater China Equity Fund | Greater China Equity | 81.33% |
UBS (CAY) China A Opportunity | China Equity | 73.53% |
Morgan Stanley Asia Opportunity Fund | Asia Pacific ex-Japan Equity | 73.30% |
IDFC Sterling Equity Fund | India Equity | 71.56% |
Investec All China Equity Fund * | China Equity | 69.01% |
Neuberger Berman China Equity Fund* | Greater China Equity | 65.10% |
IDFC Imperial Equity | India Equity | 64.20% |
Old Mutual UK Smaller Companies Focus Fund | UK Equity | 63.97% |
EI Sturdza Strategic China Panda Fund | Greater China Equity | 62.65% |
Value Partners Chinese Mainland Focus Fund* | China Equity | 61.19% |
Data: FE, 31 December 2017, returns in US dollars
The bottom of the performance ranking of funds available for sale in Singapore is dominated by hedge funds and absolute-return strategies. The list includes two funds with the focus on merger/acquisition arbitrage and two with the focus on volatility. None of them is authorised for sale in Hong Kong.
Bottom 10 performers (Singapore)
Fund |
Sector |
1-year Return |
AMAM The Magma Fund |
Hedge Fund |
-34.04% |
DB X-trackers MSCI Pakistan IM Index Ucits ETF |
Emerging Asia Equity |
-25.44% |
Odey Odyssey Fund |
Mixed Asset |
-24.22% |
SHK Corporate Arbitrage Manager Fund |
Hedge Funds |
-22.95% |
Schroder Gaia Paulson Merger Arbitrage Fund |
Hedge Funds |
-18.75% |
Amundi Absolute Volatility World Equities Fund |
Absolute Return |
-18.37% |
Natixis Seeyond Equity Volatility Strategies Fund |
Hedge Funds |
-17.42% |
PE FX Strategy Fund |
Hedge Funds |
-15.87% |
Odey Swan Fund |
Hedge Funds |
-12.26% |
Invesco Energy Fund* |
Energy |
-9.18% |