Unit trusts managed by Coronation Fund Managers dominate the rankings of the most searched for unit trusts in the Moneyweb Unit Trust data section but the little-known Harvard House General Equity Fund has been the most searched for fund since our new data section went live in March 2015.
Since March 1 2015 these are the ten most searched for unit trusts on Moneyweb and their respective 12-month performances:
|1. Harvard House General Equity Fund||22.89%|
|2. Coronation Top 20 Fund||10.78%|
|3. Coronation Balanced Fund||16.47%|
|4. Allan Gray Balanced Fund||11.07%|
|5. Allan Gray Equity Fund||13.75%|
|6. Coronation Property Equity Fund||36.31%|
|7. Absa Property Equity Fund||63.11%|
|8. Foord Balanced Equity Fund||15.07%|
|9. Coronation Balanced Defensive Fund||11.57%|
|10. Coronation Industrial Fund||30.09%|
In an industry dominated by bigger brand names like Coronation and Allan Gray, the above average number of searches for Harvard House can be attributed to a recent article by journalist Patrick Cairns entitled ‘Lessons from SA’s best equity funds‘.
A statistic which might surprise the Moneyweb community is the significant outperformance of listed property stocks. With returns of between 30% and 60% from the Coronation and Absa offerings, property has clearly been the place to be over the past 12 months.
This trend of property outperformance is reflected in the exchange traded product and index tracker market where the top five performers over the past 12 months have been:
- Grindrod PropTrax TEN ETF – 40.6%
- Grindrod PropTrax SAPY ETF – 35.3%
- STANLIB SA Property ETF Fund – 33.5%
- db x-trackers MSCI USA Index ETF – 26.9%
- SATRIX FINI ETF – 25.9%