Each year, we pick a handful of investment funds available to Irish investors and highlight them on our blog. We’ve charted below how our 2020 selections performed.
Interested in our 2023 picks? Click here to read more.
There’s no doubt 2020 was a bracing year to have your money in investment funds. But for those who held their nerve and stuck to the plan, substantial investment growth was certainly available.
Our top performing pick, Scottish Mortgage Investment Trust, grew by a staggering 109.7%, driven by its tech focus and in particular its heavy positions in Tesla and Amazon.
We normally recommend this fund as part of a wider investment portfolio, so we’ve dialled that performance back to show a more realistic result in the charts below.
Of course, it’s the longer term that really counts. We’ve charted the five-year performance of our 2020 chosen funds below. As you can see, they have all turned in solid long-term growth. Even the lowest performer here is up over 44% over five years. Compare that to five years of rock-bottom interest rates in the bank!