SharingAlpha has revealed the top-rated funds by its fund selector users as at the end of January, with Terry Smith's (pictured) Fundsmith topping the charts as the most highly-rated provider, while his £14bn Equity fund was the most popular in fund-of-funds portfolios.
The most highly-rated fund was the Invesco Pan European High Income fund, while offerings from Muzinich, PIMCO, Schroders and GAM also scored highly.
In terms of the most popular funds in multi-manager portfolios, the Old Mutual Global Equity Absolute Return fund - run by Amadeo Alentorn, Ian Heslop and Mike Servent - was in second place, while the Nordea 1 - Stable Return fund and Allianz Europe Equity Growth came in joint third.
The ratings are based on a unique methodology in which SharingAlpha's growing community of professional buyers are asked to rate funds based on their chances of generating alpha in the future. In return, raters are later ranked according to their fund selection capabilities.
Described by founders Oren and Yuval Kaplan as "Morningstar meets TripAdvisor", funds on the SharingAlpha service are assessed based on the average rating provided by fund selectors worldwide using qualitative parameters.
Factors considered include fees, capacity and active share, instead of focusing solely on historical performance. The service covers 70,000 funds, which are listed in 73 different countries.
Source for all tables: SharingAlpha