Five funds that have powered through choppy markets
Only a select band of funds have consistently topped the performance charts
Five funds stand out as strong picks from the select band which have consistently posted top returns amid choppy markets, according to experts.
Just 20 of 1,085 funds surveyed by BMO, an asset manager, delivered returns in the top 25pc of their sectors in each of the past three years.
Kelly Prior, of BMO, said the number of funds achieving the feat had fallen to especially low levels as different investment styles had switched in and out of favour.
After the pandemic struck, technology stocks surged as economies locked down, but since November's coronavirus vaccine breakthroughs, "value" shares in companies that will benefit the most from the easing of restrictions have led the way.