Ethical Performance
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Roger Aitken, analyst, interprets December 2014 data

January 2015

Robeco Indian Equities D EUR Acc, a £22.78m fund, again top ranked amongst UK Registered funds over the past year to 30 November 2014 with an improved cumulative return of +49.31% versus +57.81%/29th rank over the last three years. In second spot out of 249 funds over the past year was the £464.63m AXA Framlington Health R Inc fund, which posted +29.84%. However, its performance was stellar over the past three and five years posting a double first with +105.92% and +149.53%, respectively. The relatively new £115.30m City Financial Wealth EUR X Acc fund bottom ranked over the past 12 months on a lacklustre -15.23%.

Combined the top five ranked US Mutual funds for the past year accounted for an aggregate funds value of $3,057.45 million. The peer group average for this sector stood $529.52m and as a whole displayed the best peer group average amongst the five sectors analysed in Morningstar’s analysis over three- (+46.73%) and five-year (+70.86%) periods.
The $705.98m Parnassus Endeavor Fund, which was in runners up spot over the past 12 months to 31 October 2014, rose to the top of the pile with a performance of +21.75% for the past year to date. This compared with an improving +88.80%/5th over the past three years and a broadly static +118.21% but with a slightly improved 17th ranking over the last five years.

The $720.20m VALIC Company II Socially Responsible fund came second over the past year on +19.02% versus +81.67%/9th rank over three years and +115.17%/21st for the past five years. Guinness Atkinson Alternative Energy, a $17.15m fund, bottom ranked in this sector out of 193 funds with a deteriorating and negative performance of -12.56% over a past one-year view (+17.26%/155th over past three years/-39.36%/164th over five).

Among 1,162 European Funds examined, the €5.93m MAP Clean Technology Fund I beat the field by a country mile with +125.56% over the past 12 months. MCO2 New Energy FEIF bottom ranked here on the past one-year horizon with -37.38% versus -61.10% and -77.24%/926th over the past three and five years.

The £2.28m FL/AXA Framlington Health AP Pension fund again top ranked in the UK Individual pensions sector for the past one, three and five years on improving cumulative returns of +31.58%, +114.32% and +166.62%, respectively. As a whole this sector posted the best peer group average return over the past year of the five sectors examined with +27.37%. 


Data courtesy of Morningstar

Global | SRI

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