Given 2018 was a rocky ride compared to the year before it, Money Management looked at the performance of boutique managers across 30 November 2017 to 30 November 2018 to see which funds topped the charts.
One of the top performing boutiques was Lincoln Australian Growth, which rose to the top quartile in that time period from the third across three years.
Across 2018 to 30 November, the fund returned 11.16 per cent, which given it aims to outperform the S&P ASX All Ordinaries index, which returned -1.13 per cent, is a pretty good effort.
Looking at the breakdown of the fund, it’s allocated its largest percentage of the portfolio to the money market (29.27 per cent), which suggests it’s cautious on the Australian equity market. Health care is allocated the next-largest portion of the portfolio at 18.57 per cent, followed by telecom, media and technology (18.20 per cent), basic materials (10.03 per cent) and financials (9.29 per cent).
DDH Selector Australian Equities was another top performer for that time period, also maintaining its top quartile position over ten, five and three years.
It returned 10.49 per cent for the 30 November 2017 to 30 November 2018 time period with top allocations to consumer products (28.42 per cent), telecom, media and tech (18.28 per cent), industrials (14.31 per cent), health care (13.65 per cent) and the money market (11.70 per cent).
Hyperion Australian Growth was...