Hey,
I’m looking for a good service or webpage that lists the top performing funds over the last 12 months. I want to start to venture into momentum investing för funds.
I use Swissquote and primarily want to look at funds with a domicile in europe/Switzerland.
Do you have any good recommendations?
Cheers
The NZZ has lists of top performing funds in a supplement once a year.
There is no evidence that funds that performed well in the past, will perform better than the average fund in the future.
…unless they’re well-diversified and have a longer track record. Maybe.
12 Months is not a track record. The best performing fund could be the one that had the highest share of Tesla a year ago. Is Tesla going to quintuple year after year going forward. No, they are not.
And if you go further back you have the survivor bias problem, and will obviously find an average fund return better than that of the market.