3 Gold Rated Funds Due a Bounce

Looking for a contrarian fund pick? These top rated funds have underperformed peers in recent years - but could be due a change in fortune

Emma Wall 24 July, 2017 | 12:18PM

Markets are looking overheated – finding a bargain in UK equities is significantly harder that it was a few years ago. UK equity funds have seen a strong start to the year, after a difficult 2016. UK equity funds underperformed the market last year thanks to their underweight in energy stocks which led the market rally.

So how can investors find a good investment opportunity?

Morningstar fund analysts award a Gold, Silver or Bronze rating to funds which they think will outperform their sector peers over the medium to long term. This is not a buy rating – it is up to the investor to decide whether they would like to add a particular asset class or geographical exposure to their existing investments, but once that decision has been taken, analyst fund ratings highlight the best in show. A Gold rating denotes that the analyst has the highest conviction in the fund, followed by Silver and then Bronze.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
AXA Framlington UK Select Opps R Acc3,334.13 GBP0.64
Fidelity MoneyBuilder Income37.28 GBP-0.08
Veritas Global Equity Income A GBP184.30 GBP0.16

About Author

Emma Wall  is former Senior International Editor for Morningstar

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