The Australia geared sector, which was the best for 2019, returned 6.73% in January, according to data from FE Analytics.
However, the North America sector, which was the second-best sector for 2019, dropped to fifth best and returned 3.82%.
Infrastructure returned 4.25%, followed by Specialist (3.99%) and Australia Equities (3.83%).
In the Australia geared sector, the CFS Colonial First State Wholesale Geared Share was the top performer, returning 13.77% for the first month of the year.
This was followed by OnePath Wholesale Geared Australian Shares Index Trust B (9.6%), Ausbil Australian Geared Equity (9.16%), AMP Capital Specialist Geared Australian Share (8.89%) and...