Top Rated Funds Review

Transcription

1 Hargreaves Bestinvest Lansdown Top Rated Wealth150 Review Review

2 Hargreaves Lansdown Wealth150 Review Introduction The is a popular list of funds promoted by Hargreaves Lansdown as a selection of the best funds available to UK investors. This influential list has helped to deliver an influx of investment into the funds it promotes but does it really contain the best funds available? With clear benefits to the fund management firms whose funds are listed within the, there has been criticism as to how funds are selected, which Hargreaves Lansdown have dismissed stating that no one pays to be on the list and that all funds are selected on merit. Their first list, 'the ' is a broader list of funds described by Hargreaves Lansdown as having "excellent long-term prospects". Hargreaves consider these to be "superior to other options in the same sector, but they don t have quite the same combination of best-in-class performance potential and low charges as '' funds". The second list, 'the Hargreaves Lansdown ' is a list of funds that contains a selection of (what they believe to be), the "best funds available to UK investors". Our initial concern was why have 2 best fund lists and not 1? These lists influence investors, therefore, why not have 1 list that highlights the best funds only? At the time of this report, there were 79 funds in the '' List, and 35 of these also made up the '' list. To identify the quality of the funds within the our research team carried out a comprehensive and independent analysis of each fund identifying their performance and sector ranking over the recent 1, 3 & 5 years. As detailed in this report a large proportion of these funds have a history of poor performance.

3 How Yodelar s Performance Empowering investors with factual fund research, insights and information Yodelar continually review the performance and ranking of fund managers and their funds, helping investors to clearly identify the quality of all investment funds. Fund Performance Colour Definitions that rank in the top 25% in their sector for performance that rank in the top 50% in their sector for performance that rank in the bottom 50% in their sector for performance that rank in the bottom 25% in their sector for performance Based on how a fund ranks over the most recent 1, 3 and 5 year period they will be classified as a TOP MEDIOCRE or POOR performing fund. Top Performing Yodelar classifies a top-performing fund as a fund that has consistently performed better than 75% of competing funds within the relevant sector. All consistently top performing funds will only have a purple colour code. Mediocre Performing A fund will be classified as mediocre performing if at anytime during the 1, 3 and 5-year period analysed they had performed worse than the top 25% of competing funds but maintained a ranking which was better than the remaining 50% of competing funds. Poor Performing Yodelar classifies a poor performing fund as one which has performed worse than 50% of competing funds at anytime over the most recent 1, 3 and 5 year periods. that have a yellow or a red colour code will be classified as poor performing. All fund information provided in this report is factual and accurate as of the time of completion. It s purpose is to provide investors with factual performance insights and does not constitute financial advice.

4 Hargreaves Lansdown Fund Performance Review 27th March 2017 HL Fund Name Sector 1 Yr % 1 Year Performance 3 Year Performance 5 Year Performance 1 Yr 3 Yr % 3 Yr 5 Yr % 5 Yr Fund Size ( Millions) Consistent 5 Year Performance Rating AXA World Framlington UK L Cap GBP FO Equity - UK / /03/2016 Pyrford Global Total Return C GBP IA Flexible / / / POOR Lindsell Train Global Equity D IA Global / / / POOR Royal London Sterling Extra Yield Y Inc Ltd Issuance IA Sterling / / / TOP Newton Real Return U Baillie Gifford Managed B EdenTree Higher Income B Schroder Managed Balanced Inst Henderson Cautious Managed I Baring Europe Select I Inc GBP UT Targeted Absolute Return UT Mixed 40%-85% Shares UT Mixed 40%-85% Shares UT Mixed 40%-85% Shares UT Mixed 20%-60% Shares UT European Smaller / / / / / / TOP / / / POOR / / / MEDIOCRE / / / POOR / / / MEDIOCRE FP CRUX European Special Situations I GBP in GB UT Europe Excluding UK / / / MEDIOCRE Thesis TM Sanditon European F UT Europe Excluding UK / /09/2014 Threadneedle European Select Z GBP UT Europe Excluding UK / / / POOR Jupiter Asian Income I UT Asia Pacific Excluding Japan / /03/2016 Stewart Investors Asia Pacific Leaders B GBP UT Asia Pacific Excluding Japan / / / POOR CF Woodford Income Focus Z GBP UT Global Equity Income 20/03/ Newton Global Income U UT Global Equity Income / / / POOR JPM Emerging Markets B UT Global Emerging Markets / / / MEDIOCRE M&G Global Macro I GBP UT Global s / / / TOP Man GLG Japan Core Alpha C Professional UT Japan / / / MEDIOCRE

5 Hargreaves Lansdown Fund Performance Review 27th March 2017 HL Fund Name Sector 1 Yr % 1 Year Performance 3 Year Performance 5 Year Performance 1 Yr 3 Yr % 3 Yr 5 Yr % 5 Yr Fund Size ( Millions) Consistent 5 Year Performance Rating Schroder Tokyo H UT Japan / / / MEDIOCRE Artemis I Monthly / / / MEDIOCRE Artemis I Quarterly / / / MEDIOCRE Invesco Perpetual Tactical X / /03/2014 Fidelity Moneybuilder Income Y GBP Corporate / / / POOR Morgan Stanley Sterling Corporate F Corporate / / / POOR Royal London Corporate Y Corporate / / / MEDIOCRE Aberdeen Latin American Equity I in GB UT Specialist / / / POOR Jupiter India X UT Specialist / / / TOP Schroder Small Cap Discovery Z UT Specialist / / / MEDIOCRE Artemis Income I UT UK Equity Income / / / MEDIOCRE CF Woodford Equity Income Z GBP UT UK Equity Income / /06/2014 Marlborough Multi Cap Income P UT UK Equity Income / / / POOR Threadneedle UK Equity Income Z GBP UT UK Equity Income / / / MEDIOCRE Franklin UK Managers' Focus S / / / POOR Franklin UK Mid Cap S / / / POOR Lindsell Train CF Lindsell Train UK Equity D / / / POOR R&M UK Dynamic Equity B / / / TOP Rathbone Income S / / / POOR Thesis TM Sanditon UK F / /06/2015

6 Hargreaves Lansdown Fund Performance Review 27th March 2017 HL Fund Name Sector 1 Yr % 1 Year Performance 3 Year Performance 5 Year Performance 1 Yr 3 Yr % 3 Yr 5 Yr % 5 Yr Fund Size ( Millions) Consistent 5 Year Performance Rating Marlborough Nano Cap P UT UK Smaller / / /10/2013 Marlborough UK Micro Cap P UT UK Smaller / / / MEDIOCRE Schroder UK Dynamic Smaller Z UT UK Smaller / / / POOR Standard Life UK UT UK Smaller Smaller Inst S / / /07/2013

7 Hargreaves Lansdown 5 Year Performance Summary Performance Summary Number of Percentage of Amount Held in Based on 5 Yr Performance Rating ( Million) Percentage Held in Based on 5 Yr Performance Rating (%) TOP % 5, % MEDIOCRE % 23, % POOR % 37, % % 22, % TOTAL NUMBER OF FUNDS % 89, %

8 Hargreaves Lansdown Tracker Fund Performance Review 27th March 2017 HL Fund Name Sector 1 Yr % 1 Year Performance 3 Year Performance 5 Year Performance 1 Yr 3 Yr % 3 Yr 5 Yr % 5 Yr Fund Size ( Millions) Consistent 5 Year Performance Rating Tracker L&G European Index Trust C UT Europe Excluding UK / / Tracker UT Asia Pacific BlackRock Pacific ex Excluding Japan Equity Tracker H Japan / / / POOR Tracker BlackRock Emerging Markets Equity Tracker H UT Global Emerging Markets / / / POOR L&G Global Inflation Tracker Linked Index C UT Global s / / Tracker L&G International Index Trust C UT Global / / Tracker BlackRock Japan Equity Tracker H UT Japan / / / MEDIOCRE Tracker L&G US Index Trust C UT North America / / Tracker BlackRock Corporate Tracker H Corporate / / / MEDIOCRE Tracker HSBC FTSE 250 Index S / / / POOR Tracker L&G UK 100 Index Trust C / / Tracker L&G UK Index Trust C / / L&G All Stocks Gilt Index Tracker Trust C UT UK Gilts / / L&G All Stocks Index Tracker Linked Gilt Index Trust C UT UK Index - Linked Gilts / /

9 Hargreaves Lansdown Tracker 5 Year Performance Summary Performance Summary Number of Percentage of Amount Held in Based on 5 Yr Performance Rating ( Million) Percentage Held in Based on 5 Yr Performance Rating (%) TOP % % MEDIOCRE % 3, % POOR % 2, % % 16, % TOTAL NUMBER OF FUNDS % 23, %

10 Hargreaves Lansdown Fund Performance Review 27th March 2017 HL Fund Name Sector 1 Yr % 1 Year Performance 3 Year Performance 5 Year Performance 1 Yr 3 Yr % 3 Yr 5 Yr % 5 Yr Fund Size ( Millions) Consistent 5 Year Performance Rating JOHCM Continental European Y IA Europe Excluding UK / / / MEDIOCRE JOHCM Japan A GBP IA Japan / / / POOR Old Mutual UK Dynamic Equity R Inc GBP IA UK All / / / TOP Artemis Assets I UT Flexible / / / POOR CF Odey Opus Inst UT Flexible / / / POOR Troy Asset Management Ltd Trojan O UT Flexible / / / POOR Argonaut FP Argonaut European Alpha R GBP UT Europe Excluding UK / / / POOR Jupiter European I UT Europe Excluding UK / / / POOR Aberdeen Asia Pacific Equity I UT Asia Pacific Excluding Japan / / / POOR First State Global Listed Infrastructure B GBP UT Global / / / MEDIOCRE Rathbone Global Opportunities Inst UT Global / / / POOR Rathbone Global Opportunities Inst NAV Standard Life Global Smaller Inst S Legg Mason IF Royce US Smaller X Artemis High Income I Inc UT Global / / / POOR UT Global / / /07/2013 UT North American Smaller / / / POOR / / / MEDIOCRE Artemis High Income I Monthly Inc / / / MEDIOCRE Jupiter I / / / MEDIOCRE M&G Optimal Income Inst GBP / / / POOR M&G UK Inflation Linked Corporate I / / / POOR M&G Corporate I GBP Corporate / / / POOR

11 Hargreaves Lansdown Fund Performance Review 27th March 2017 HL Fund Name Sector 1 Yr % 1 Year Performance 3 Year Performance 5 Year Performance 1 Yr 3 Yr % 3 Yr 5 Yr % 5 Yr Fund Size ( Millions) Consistent 5 Year Performance Rating BlackRock Gold & General DI UT Specialist / / / POOR JOHCM UK Equity Income Y UT UK Equity Income / / / MEDIOCRE Majedie UK Income X UT UK Equity Income / / / POOR Troy Asset Management UT UK Equity Ltd Trojan Income O Income / / / POOR AXA Framlington UK Select Opportunities ZI / / / POOR Fidelity Special Situations W / / / MEDIOCRE Jupiter UK I / / / POOR Kames Ethical Equity B / / / POOR Liontrust Special Situations I Inc / / / TOP M&G Recovery I GBP / / / POOR Majedie UK Equity X / / / MEDIOCRE Old Mutual UK Alpha U1 GBP / / / POOR Old Mutual UK Mid Cap R GBP / / / TOP Standard Life UK Equity Unconstrained Inst / / / POOR Marlborough Special Situations P UT UK Smaller / / / MEDIOCRE Old Mutual UK Smaller R GBP UT UK Smaller / / / TOP

12 Hargreaves Lansdown 5 Year Performance Summary Performance Summary Number of Percentage of Amount Held in Based on 5 Yr Performance Rating ( Million) Percentage Held in Based on 5 Yr Performance Rating (%) TOP % 6, % MEDIOCRE % 20, % POOR % 52, % % % TOTAL NUMBER OF FUNDS % 79, %

13 Hargreaves Lansdown Fund Performance Summary The is a popular resource used by many self managed investors and financial advisers in helping them make fund selections, but as identified in our review the significant proportion of funds they include have underperformed in comparison to competing same sector funds. With the exception of the small number of consistently top performing funds the inclusion of such a large number of mediocre and poor performing funds undermines its value for investors. Unsure of the quality of your investments? If you are unsure of the performance of each of the funds in your investment portfolio or you would like to find out if you can improve your portfolio growth, you might wish to benefit from the 5 star rated Yodelar portfolio review service. This unique service provides investors with complete clarity on the performance and ranking of each individual fund within their portfolio. Our investment research team will undertake a comprehensive analysis of your portfolio for performance and volatility as well as provide a growth comparison alongside a similar risk model portfolio of consistently top performing funds. FIND OUT MORE

14 Independent & Impartial Performance Analysis Upload your portfolio today and get an independent analysis of your existing investment funds and overall portfolio. Our 5 star rated portfolio review service will detail the factual ranking and performance of your individual funds, and the overall performance of your entire portfolio. Simply upload your most recent investment statement or attach a list of funds including the amounts invested in each and our team of experts will provide you with a comprehensive portfolio analysis. HOW IT WORKS Upload your fund statement / information today, and receive a detailed fund analysis within 48 hrs. 1. Complete the purchase 2. Upload your portfolio Info 3. Receive your analysis PURCHASE NOW Get a complete fund analysis and assessment of each fund contained within your pension, ISA or investment portfolio. 1, 3 & 5 year performance analysis of each fund. Positional ranking comparing each fund to all other same sector funds. Individual fund rating as TOP, MEDIOCRE or POOR. I would recommend this portfolio review service to anyone with an investment portfolio. I have a very different view on fund performance and investing now, as a result of this service. - Paul Fallowfield Portfolio growth comparison. We analyse your portfolio against model portfolios that contain only consistently TOP performing funds.

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