Depends what you are looking for but as a growth/quality investor, I like the Blue Whale Growth fund. This is a concentrated, growth-focused global equity fund managed by Stephen Yiu.
Yiu is good at identifying growth themes and capitalising on them. For example, he’s made a ton of money for investors in recent years on the AI buildout theme.
Not only has he made a killing on Nvidia, but he has also done well with stocks like Broadcom, Lam Research, Taiwan Semi, and Vertiv (these stocks were all in the top 10 holdings at the end of November).
In terms of performance, the fund has a really good track record. Since its inception in 2017, it has returned about 220%. That translates to a return of around 15-16% per year.
This year, it returned 25.7% to the end of November. That’s well ahead of the S&P 500 and MSCI ACWI indexes.
I’ll point out that this fund can be quite volatile at times. When there’s market weakness, losses can be magnified due to its growth/technology focus.
In 2022, for example, when the market fell, the fund returned -27.6%. So, it may not be suitable for those seeking capital preservation.
If an investor is seeking long-term growth, however, I see this fund as a nice complement to a standard index tracker fund. It’s structured very differently to the average index tracker and has more growth potential in the long run.
