The two best Australian equity funds were the most volatile, while the four most volatile funds delivered returns above the sector average, according to data from FE Analytics.
The top five performing funds within the Australian Core Strategies Universe were DDH Selector High Conviction Equity A, which had a volatility of 13.56, followed by DDH Selector Australian Equities (13.31), Yarra Australian Real Assets Securities (12.8%), Crescent Wealth Australian Equity Retail (12.63) and Lazard Select Australian Equity I (12.41), over the year to 31 December, 2019.
The DDH Australian Equities fund returned 39.21%, followed by the DDH High Conviction fund (35.32%), Crescent (28.55%), Yarra (26.25%) and Lazard (12.43%).
The Australian equities sector returned 22.67% with a volatility of 8.64.
When it came to the least volatile,...