Only one of top five best-performing Australian equity funds from 2019 was able to have similar success in 2020.
According to FE Analytics, Hyperion Australian Growth Companies was the third best-performing Australian equities fund in 2019, with a return of 34.04%. For 2020, it returned 33.31% – a nearly identical return despite 2020 being rocked by the COVID-19 pandemic.
The average return for the Australian equities sector was 3.95% in 2020, compared to 2019 which returned 22.56%.
DDH Selector Australian Equities was the best performer in 2019 and returned 39.21%, but only returned 4.86% for last year.
DDH Selector High Conviction Equity had returned 35.32% in 2019 and 3.42% in 2020, IOOF MultiMix Australian Shares returned 31.87% in 2019 and 4.7% in 2020, and...
