Independence Day: What are the best-performing US funds in gamechanger of a year?

Trump became President, tech stocks soared

clock • 1 min read

It has been a year of political change across the world but one of the surprises was the election of Donald Trump as President of the US last November. Despite many predicting this to be disastrous ahead of the event, stockmarkets rallied and US equities have had a cracking year with the S&P 500 returning almost 20%, even as Trump's administration has come into question.

It has been a year of political change across the world but one of the surprises was the election of Donald Trump as President of the US last November. Despite many predicting this to be disastrous ahead of the event, stockmarkets rallied and US equities have had a cracking year with the S&P 500 returning almost 20%, even as Trump's administration has come into question. FANGS or tech stocks have done particularly well, with the Nasdaq reaching record highs and returning over 30% for the year, while banks and financials have also been lifted by Trump's relaxed regulation promises. On ...

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