Women outperform men when it comes to investing over a three-year period as they hold more diverse portfolios and less risky investments, according to research from Hargreaves Lansdown.
The research looked at investments between August 2014 and August 2017 and found the firm's female clients saw their investment rise by 0.81% more, on average, than men's investments over the three-year period.
If this was replicated over 30 years, women would end up with a 25% larger portfolio than men.
Roughly a third of both men and women saw returns of 30% or more over the period.
The firm said reasons for this outperformance by women included the fact they had more diverse portfolios, held less risky investments, were more likely to 'buy and hold' and were more likely to invest via an ISA.
Some 44% of women had their portfolios in funds versus 38% of men and women traded shares 49% less frequently than men meaning they incurred fewer trading costs.
Sarah Coles, personal finance analyst at Hargreaves Lansdown, said: "Women are far better investors than they think they are. They are often held back by a concern that they don't have sufficiently in-depth knowledge, or that they don't want to take on too much risk.
"This analysis demonstrates that these concerns are misplaced. Women who invest overwhelmingly have the knowledge they need in order to make sound investment decisions. And rather than working against them, their determination not to take excessive risks with their investments is one of the things that makes them such good investors."
Last year, Investment Week held its first Women in Investment awards to celebrate women working in asset and fund management.