The average investment company fell 7% over the year to the end of April despite strong commodity and emerging market sectors, the Association of Investment Companies (AIC) reveals.
Volatility in financial markets has impacted average investment company performance over one year, but a £1,000 investment over three and ten years would be now worth 1,523 and £2,109 respectively. The recent market turbulence has also narrowed the average investment company discount, falling from 10.6% at the start of the year to 8.5% at the end of April. Commodities and Natural Resources was the best performing investment company sector over a year, up 31% – ahead of Global Emerging Markets, up 24%. The Asia Pacific and Global Emerging Markets sectors shared supremacy over three, five ...
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