The worst performer of the 45 equity members was the Carmignac Portfolio Emerging Discovery fund in the Global Emerging Markets category. The vehicle’s return of 55.1 per cent still outperformed both the IA Global Emerging Markets sector average of 47.4 per cent and the AIC Global Emerging Markets Equity peer group average of 41.5 per cent.
With continued uncertainty around the globe, particularly regarding political issues, consistent long-term performance that delivers above-average results will remain a key focus for investors.
As the UK heads into its third vote in two years, with Mr Trump facing questions over Russia and the Brazilian president drawn into a new corruption scandal, there remain plenty of headwinds. But there are still ample opportunities for the savvy investor who can identify funds that can weather these storms in the longer term.
Nyree Stewart is features editor at Investment Adviser
Key club numbers: Performance and stats
Global Equity
152%
Average five-year performance of category members
1
Number of investment trusts
Global Emerging Markets
65.3%
Average five-year performance of category members
3
Number of new entrants
UK Equity
151%
Average five-year performance of category members
1
Number of investment trust members
UK Equity Income
121%
Average five-year performance of category members
3
Number of Investment trust members
UK Smaller Companies
164%
Average five-year performance of category members
3
Number of new entrants
North American Equity
152%
Average five-year performance of category members
4
Number of new entrants
European Equity
137%
Average five-year performance of category members
3
Number of new entrants
Japanese Equity
165%
Average five-year performance of category members
4
Number of new entrants
Asia Pacific Equity
98.4%
Average five-year performance of category members
2
Number of Schroders vehicles
BEST PERFORMER
308%
Five-year performance of best-performing Legg Mason IF Japan Equity
4 out of 5
Number of equity categories with ITs topping performance
Source FE Analytics. All data to May 17 2017 and total return in pounds sterling
