Carmignac EM fund gains sole FundCalibre Elite Rating in autumn review
The CCLA Better World Global Equity and VT Tyndall Real Income funds were both awarded Elite Radar badges, which makes the funds potential candidates for a full Elite Rating in the future.
The FP Carmignac Emerging Markets fund targets growth from large and medium-sized companies within emerging economies, focusing on sustainable sectors with long-term growth prospects.
Darius McDermott, managing director at FundCalibre, said the £25.4m fund had «provided excellent performance since its inception».
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According to data from FE fundinfo, the fund has outperformed the IA Emerging Markets sector over the last year, returning 8.5% versus 3.6%.
Meanwhile, the CCLA Better World Global Equity and VT Tyndall Real Income funds were both awarded Elite Radar badges, meaning the funds were potential candidates for a full Elite Rating in the future.
The former is a quality-focused strategy offering a combination of capital growth and income, with an ESG-orientated mandate.
McDermott said the £245.4m fund's «benchmark agnostic, responsible approach of investing in quality growth businesses at attractive prices has proven to be very successful since launch in 2022».
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VT Tyndall Real income is a £17.3m mid-cap focused UK income fund, which combines premium yield and dividend growth stocks.
McDermott described the fund's manager Simon Murphy as «a highly experienced manager with a long history managing UK equities».
He also commended the fund for starting well in a challenging period for mid-cap stocks.
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