The 10 Most Profitable Equity Funds of 2022
Energy and the Iberian stock market were the motto for the best returns in this category. Check out the funds that stood out.
The year 2022 began in what seemed like an endless climb for shares, given that 2021 ended as one of the best years for those allocated to this asset class. This was such that 19 of the top 20 most profitable funds from the previous year were equity funds.
But the unfolding of 2022 turned out to be very different than anticipated and the asset class suffered as a whole. In between adverse geopolitical factorsThe start a new era of monetary policy it’s the alongside difficulties in supply chainsThe overall picture was not pleasantbut some strategies shone in this adverse context.
Top 10 national equity funds with the highest return
Name | Rating FundsPeople 2022 | Residence | Management Entity | Return in 2022 | Standard Deviation in 2022 |
---|---|---|---|---|---|
Montepio Euro Energy | PT | Montepio Asset Management | 15.56 | 19.86 | |
BPI Portugal | PT | BPI Asset Management | 7.62 | 19.50 | |
BPI Iberia | PT | BPI Asset Management | 6.75 | 15.46 | |
IMGA Portugal Stocks | Federal Police | PT | IMGA | 4.64 | 19.16 |
BPI GIF Iberia | Lux. | BPI GA (CaixaBank AM) | 4.54 | 15.41 | |
Sixty Degrees Portugal Stocks | PT | sixty degrees | 2.58 | 17.83 | |
NB Portugal Shares | PT | GNB Asset Management | 1.70 | 19.12 | |
Caixa Ações Portugal Spain | PT | Caixa Asset Management | 0.29 | 16.03 | |
Montepio Euro Financial Services | PT | Montepio Asset Management | -0.59 | 18.63 | |
IMGA Iberia Equities ESG | PT | IMGA | -2.45 | 14.66 |
The first place of 2022 belongs to Montepio Euro Energy. The fund managed by Jose Francareached a return of 15.56% following the BPI Portugalmanaged by Pedro Marunywith 7.62% and, thirdly, the BPI Iberia with 6.75%. It is not surprising that the winning strategy was that of Montepio GA, given that the energy sector had its importance remembered in a very expressive wayin this last year.
Of the 10 funds under analysis, eight are based on strategies focused exclusively on Portugal or on the Iberian set, reflecting the good shape of the Portuguese capital market over the past 12 months.