The international stock exchanges ended December in positive territory and some reached new highs. The Euro Stoxx 50 rose by 1.72 percent, the DAX by 3.22 percent and the Japanese Nikkei 225 by 3.82 percent. The S&P 500 grew 3.71 percent in US dollars and the Nasdaq 100 grew 5.1 percent.
The performance of the active funds shows that there is still a lot of upside potential in the emerging markets, and especially in the Asian economic area. The HSBC GIF Turkey Equity Fund grew particularly strongly with 16.7 percent. Turkey reported surprisingly strong economic momentum with GDP growth of 6.7 percent in the third quarter of 2020. The Regional Comprehensive Economic Partnership (RCEP) concluded between 15 Asian countries should provide new growth impulses in the Asia-Pacific economic region. The BNY Mellon Global Emerging Markets Fund gained 8.7 percent and is the second strongest fund in December. China is the largest position in the fund’s portfolio.
The Threadneedle Lux – Asian Equity Income Fund and the Danske Invest Eastern Europe Fund developed in line with growth of 7.9 percent each. The former invests in stocks from the Asia-Pacific region excluding Japan, the latter in stocks from Eastern Europe including Turkey and Greece.
European microcaps were a real insider tip in December: the AXA World Funds Framlington Europe microcap rose by 7.6 percent.
These are the results of the current analysis by ARTS Asset Management GmbH in Vienna, which determined the performance of the most important funds and asset classes for BÖRSE ONLINE. The basis for the ARTS trading system is a database that includes more than 10,000 funds and ETFs worldwide. From this, ARTS filters the five sectors, funds and ETFs with the best and worst performance in euros. The design of a sustainable economy is a megatrend that should come back into focus after coping with the corona pandemic. Renewable energies proved to be a growth driver for passive funds: the iShares Global Clean Energy ETF grew by 18.9 percent. The red lantern among the active funds are the Fidelity Funds – Thailand Fund and Morgan Stanley Global Infrastructure, each of which lost 2.1 percent in value. In terms of ETFs, investors in the UBS Solactive Global Pure Gold Miners ETF had to record a decline of 1.5 percent.
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