Best and Worst Fund Categories of Q1

Funds focused on energy and financial stocks fared well in the first quarter of 2021, but Turkey, Brazil and precious metals have lagged

Sara Silano 12 April, 2021 | 11:28AM
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Gold trophy being held

The best performing sectors and investment styles in the first quarter of 2021 shared a common theme: the economic recovery. Markets started to factor in an exit from the pandemic and the end of the lockdown as Covid-19 vaccinations are rolled out across the globe. 

If we look at the quarterly returns of Morningstar European fund categories, three themes immediately jump out: cyclical sectors, value stocks and small caps.

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About Author

Sara Silano

Sara Silano  is Editorial Manager for Morningstar Italy

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