The data is in and while a Regal fund eked out the top spot among Australian equity managers last year, its returns were dwarfed by those betting big on crypto and AI.
Tech dominates top 50 US equity ETFs
Last year s hottest US exchange-traded funds were focused on the technology themes that did well during the pandemic. And the hottest of all, Cathie Wood s ARK Innovation ETF, proved it was no one-hit wonder.
Jan 20, 2021 – 12.00am
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It says a lot about the stellar 2020 performance of United States technology stocks that the best-performing actively managed equity fund in Australia does not make it into the US top 20.
The best-performing Australian equity fund in 2020 was the Collins St Value Fund, which was up 43.6 per cent, according to the Mercer Investment survey of 79 funds published on Tuesday.