Last week Eclectica Agriculture saw an almost 20% drop as resources- and gold-related vehicles felt t...
Last week Eclectica Agriculture saw an almost 20% drop as resources- and gold-related vehicles felt the pain of the sharp commodity price falls.
The Eclectica fund fell 19.59% over the five days, according to Morningstar.
Resources and gold funds from First State, Smith & Williamson, JP Morgan and Investec all lost over 15% during the week.
Neptune’s Latin America fund came fourth in the list thanks to the region’s reliance on commodity prices.
The positive end of the 1914 fund UK-domiciled space was also straightforward - long-dated gilt funds were most present in the top-ten list.
Threadneedle’s Sterling Bond added 6.05%, followed by Société Génerale’s Long-Dated Gilt Prof fund with 5.12%.
Thanks to global economic concerns causing investors to flee equities last week, property funds also appeared at the top end of the performance spectrum.
Legal & General’s UK Property fund came third with a 5.08% gain.
Long dated bond funds from Gartmore, Fidelity, Morgan Stanley and Newton all added over 4.6%, perhaps signifying an easing of longer-term inflationary fears thanks to the global growth worries.
