Three-year period sees Equity Euro Ex-UK funds perform badly at -34%

Performance in equity Europe ex UK funds over a three-year period has been dismal. The top three year performance figure is -15% from a Canada Life fund and the bottom is the Invesco GT Euro Growth fund which plummeted a substantial 61%. While the average fund lost 34% over three years, things are now picking up. The past year has seen a revival - the first positive performing 12 month period since August 2000 - with an average fund return of 7.7%. The Mellon Continental Euro fund performed well over a three-year period, with the bulk of the outperformance attributed to the past two years...