The FSA Spy market buzz – 22 March 2024
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Although both products have different investment processes, McDermott believes that both are “all-weather” vehicles and have a balanced risk profile.
Both products are top-quartile funds among mixed-asset products in the UK, according to McDermott. In Hong Kong and Singapore, the products have also outperformed their peers on a three-year basis, according to data from FE Analytics.
Annual discreet performance (%)
Fund / sector |
YTD 2019 |
2018 | 2017 | 2016 | 2015 |
2014 |
Artemis Monthly Distribution I Acc in US |
6.8 |
-13.17 | 19.3 | -1.19 | 1.89 |
2.65 |
VT Seneca Diversified Income N Inc TR in US |
2.59 |
-7.55 | 21.34 | -8 | -0.45 |
-3.56 |
Sector : HKM Mixed Asset International TR in US |
7.65 |
-9.37 | 17.08 | 1.57 | -4.42 |
1.11 |
Sector : Sgp Mt Mixed Asset Balanced TR in US |
6.8 |
-9.18 | 16.13 | 1.48 | -5.58 |
-0.72 |
In terms of volatility, McDermott believes that the Seneca fund should be less volatile as it invests in other funds.
“But neither fund would be considered [especially] volatile,” he added.
Three-year annualised volatility
Fund / Index |
Volatility |
Artemis Monthly Distribution I Acc in US |
8.82 |
VT Seneca Diversified Income N Inc TR in US |
9.11 |
Sector : Sgp Mt Mixed Asset Balanced TR in US |
6.1 |
Sector: HKM Mixed Asset – International |
6.69 |
AllianzGI on China stewardship, Death of the mutual fund, W’s top financial centres, Schroders on Japan, Swiss cuts and Japanese hikes, Reddit, Book wisdom and more.
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