With the US elections approaching and geopolitical tensions in the background, some investors are contemplating the new all-time highs on Wall Street with a certain dizziness. But the truth is that the S&P 500 once again reached unprecedented levels last week. This bullish context allows investment funds to continue grow bigger its annual profitability. There are still some who they picked up this year of general increases in the stock markets. Some, yes, are already on the verge of leaving behind the losses accumulated since January.
The Spanish global stock funds that have the worst performance at this time of year Among those that are actively managed are: Myinvestor Value B, Santander Small Caps Europe A And Cinvest Nogal Capitalwith losses greater than 2.75% according to the latest available data from Morningstar.
They are not the only ones to be negative, since a total of new products from domestic companies are. Nevertheless, some are very close to being in positive territory. This is the case, for example, of Blue Azvalor Tokenswhich leaves 0.38%. Although this product will be launched in 2024, it is one of the six most profitable in the long term in the global active management league prepared by this media, achieving an annualized profitability of 14.9% over the last five years.
Another fund that is not having a good year is European stocks Magallanes. This product managed by Iván Martín has regained momentum in recent weeks and in 12 months it has accumulated a profitability of 8.79%. Also try to maintain your profits GVC Gaesco Small Caps A.
Table leaders
In the head there remains Bulnes Global A. This fund not only leads the ranking of Spanish products, but it also positions itself as the best if we include those managed by international companies. Its profitability in 2024 reaches 27.41%, with which it is already almost two points ahead of the next one with the most, Founders and Global Owners of Invesco ZUSDAccwith 25.62%.
The second Spaniard in the ranking continues to be Ibercaja Megatrends Awith a profitability of 23.66% this year with which it manages to defend fifth place in the general ranking. The three other products that stand out are: Arquia Banca Leaders of the future A, international standard for rural motorhomes And Paradox B Equity Fund; all with returns above 21% since January.
