The results:


Some reminders on the principals before coming to the results:

 

  • It is convenient to keep in mind that the comparison between funds should be extremely precise under penalty of arriving at erroneous conclusions. Beware of performing calculations without careful analysis. The OPCVM market is sufficiently diverse and complex to necessitate important means and a great deal of rigor or reasoning to be analyzed correctly.
  • To illustrate this point, you can read HERE these principal conclusions of the study of different ratings presented by the universities of Luxembourg and Metz during the salon SICAV EXPO of March 2007. You can equally read HERE the study carried out by LIA on the risks incurred in investing directly in stocks compared to investing in funds.
  • To give you an overall impression of the ranges offered by the different fund management companies, a general view of the rated parts of the 100 biggest European fund management companies is available, ranked either by number of funds HERE or by alphabetical ranking HERE. If  you know of a company which does not figure in the ranking, please do not hesitate to contact us by e-mail: info@fundclass.com
  • For the best French fund management companies , which were recognized last March by Eurofonds and by FUNDCLASS, you will find details HERE. The graphics permit the visualization, at the glance of an eye,  of  the difference in range by a  company compared to the average of other companies in the category.

 

Let’s come  to the last results of the ranking and the rating, if you have any other questions on the results or if you wish that other points might be studied, do not hesitate to contact us and to ask us questions to which we will do our utmost to respond.

 

 

  • A general view of the performance of the principal categories HERE
  • The evolution of performances  of the main categories  is available HERE
  • The principal graphics of the results of the last ranking are available HERE
  • By way of comparison, you can equally have access to the results of preceding quarters  HERE

To emphasize several important points:

  • The differentials over the quarter between the good funds and the others, rest extremely significant. By way of example, the differences in performance in the French equity category are shown HERE

With a performance differential of 6% between the average of the 10 best funds and that of the 10 worst in just one quarter, there is a strong indication that, again , the year 2007 saw performance differentials as significant as those of past years.

(below for the other years ).

  •  As usual, the best funds, meaning those which do better than their rivals over a regular period are quite numerous( only 17% rank regularly in the top third of performances).
  • The best funds, meaning those who are better ranked that their rivals have, on average, a better performance than their rivals the following year.

And yes !

BE CAREFUL, this doesn’t mean, of course that the performance will always be positive, since it is always linked to the evolution of the market ; nor even that the performance will always be better, but this clearly indicates that the  fact of having succeeded  in the past to rest among the best is a good indicator that ‘the exploit’ has a good chance of being replicated. In some respects rating in the financial domain can be likened to rating of the best wines, or the best sportsmen who often appear and reappear in the ‘final table’.

  • Choosing the right OPCVM, has a strong impact on the real value of your investments. You will find below, the differentials of performance, recorded over one year between the 5 best performing OPCVM and the worst performing of the same category. You can find for yourself HERE the figures and calculate yourself the difference at the end of 3 or 5 years HERE

Notice equally that these differences are important as much in the years of market downturn as in the years of market upturn. This should certainly encourage you to focus lots of attention on the choice of the funds that you put in the life insurance policy that you intend to keep for a long time. By way of a real example, you will find, HERE the differential of performance between the French equity funds scoring highly (4 or 5*),  and the low scoring funds (-1 and -2).