St James Place top dog! Unfortunately it's the Best Invest Dog Funds table!

 

Very disappointing as the charges are high for many of these!

	Fund	IA Sector	Size (£bn)	Value of £100 invested after 3 years	3-year under     performance (%)
1	St. James’s Place Global Quality	Global	11.47	114	-24
2	St. James’s Place Global Growth	Global	7.49	109	-28
3	St. James’s Place International Equity	Global	7.09	101	-36
4	St. James’s Place Growth European Progress	Europe Excluding UK	1.85	113	-17
5	Scottish Widows UK Growth	UK All Companies	1.82	120	-14
6	Artemis US Select	North America	1.53	125	-17
7	Columbia Threadneedle Responsible Global Equity	Global	1.41	120	-17
8	abrdn UK Smaller Companies	UK Smaller Companies	1.11	90	-18
9	Troy Asset Management Trojan Income	UK All Companies	1.00	105	-29
10	St. James’s Global Emerging Market	Global Emerging Markets	0.87	85	-20

 Source: Spot the Dog, August 2023

Which fund groups earned the most dog tags?    

St. James’s Place not only topped the Great Danes list, but it was also the worst performing fund manager, with its paw prints on six measly mutts. It currently has £29.3bn across these six funds, that is 63% of the total dog fund assets in this survey. To put this in perspective, the next highest fund group Artemis holds £2.66bn dog funds, which accounts for 5.8% of the overall assets on the list. 

While three of six St. James’s Place funds are in the Global sector – Global Quality, Global Growth and International Equity – its poor performing Growth European Progress and Continental European funds appear in the European sector while it also features in the Emerging Markets sector with its Global Emerging Markets funds. 

Two things of note here is that St. James’s Place outsources management of its funds by appointing external fund managers as investment advisers, with the ongoing costs on its two largest global funds coming in at 1.88%. However, the group shifted the positioning on its three global funds in July last year as it looks to improve performance, though the switch has not had an effect yet.                                                                                                                                                      

Overall bad dogs                                                                                                                                                                                                                                                                                                       underperformance %

	Fund	IA Sector	Size (£bn)	Value of £100 invested after 3-years
1	Baillie Gifford Global Discovery	Global	0.78	61	-70
2	SVS Aubrey Global Conviction	Global	0.04	74	-64
3	Premier Miton US Smaller Companies	North American Smaller Companies	0.06	95	-47
4	AXA ACT People & Planet Equity	Global	0.01	92	-45
5	JP Morgan US Small Cap Growth	North American Smaller Companies	0.20	100	-42
6	Unicorn Outstanding British Companies	UK All Companies	0.06	97	-36
7	St. James’s Place International Equity	Global	7.09	101	-36
8	EF Rosevine Capital Global Equity	Global	0.01	103	-35
9	AXA Framlington UK Sustainable Equity	UK All Companies	0.07	103	-30
10	Troy Asset Management Trojan Income	UK All Companies	1.00	105	-29

Source: Spot the Dog, August 2023