Top 5/Bottom 5: Property funds
Property funds had a rough time starting with the downturn in the market in 2007. Here we list the best and worst funds in the IMA Property sector
It has not been a great few years for investment, but it was equities that struggled the most in a market where fixed income and real assets managed to hold their value.
In the 12 months to 17 September, the IMA Property sector averaged a return of £1,106 on an original investment of £1,00. The best funds managed to do quite well. The BNY Mellon Global Property Securities fund returned 30.94 per cent in the past year, which is nothing to frown at.
Similarly, Principal’s Global Property Securities fund posted a gain of 26.23 per cent in the same 12-month period.
At the other end of the scale, funds from major managers managed to fall short of the mark. SWIP, Aviva and Threadneedle, three of the biggest names in the UK, all reported a loss in the past 12 months.
|
Top 5 |
|
|---|---|
|
BNY Mellon Global Property Securities |
£1,309 |
|
Principal Global Property Securities |
£1,262 |
|
JPM Global Property Securities |
£1,251 |
|
First State Asian Property |
£1,226 |
| First State Global Property | £1,213 |
|
Bottom 5 |
|
|---|---|
|
SWIP Property Trust |
£977 |
|
Aviva Investors Property Investment |
£959 |
|
Aviva Investors European Property |
£955 |
|
HC FCM Salamanca Global Property |
£928 |
| Threadneedle UK Property | £894 |
*Figures 12 months to 17 September, 2012. Based on an initial investment of £1,000, net of charges.