Best performing sector this year may not be what you think…

September 24, 2009 in Sectors by Roy

As of 23-Sep-09, the top performing sector (as defined by the IMA Investment Management Association) year-to-date was… UK Smaller Companies.

Here is the table (from Morningstar), showing YTD with cumulative 3-year and 5-year performances:

IMA Sector	YTD	3Y	5Y
	(%)	(%)	(%)

UK Smaller Companies	49.68	-7.65	34.74
Global Emerging Markets	46.42	45.09	137.1
Asia Pacific Excluding Japan	41.13	46.73	115.83
Technology & Telecommunications	37.84	17.59	37.87
European Smaller Companies	33.4	8.7	89.15
Asia Pacific Including Japan	30.71	29.36	84.65
Specialist	28.95	15.34	77.09
UK All Companies	26.51	-3.45	34.76
UK Zeros	22.77	-7.45	17.89
Active Managed	20.6	1.83	40.92
UK Equity Income	20.33	-8.07	30.16
Europe Including UK	19.8	6.29	52.75
North American Smaller Companies	19.31	12.92	41.31
£ Strategic Bond	18.98	3.19	17.13
Global Growth	17.57	4.67	40.97
Europe Excluding UK	17.01	9.17	63.8
UK Equity Income & Growth	16.91	-4.57	40.38
Balanced Managed	16.51	2.17	35.21
UK Equity & Bond Income	16.23	-2.17	32.34
Unclassified Sector	14.6	4.31	31.35
Cautious Managed	13.36	-0.06	23.32
£ Corporate Bond	12.87	2.88	15.04
North America	12.18	0.37	15.48
Absolute return	10.77	19.55	56.16
Property	10.69	-29.48	-13.27
Japanese Smaller Companies	9.82	-20.67	-8.6
Global Bonds	5.01	32.11	41.52
Protected/Guaranteed Funds	2.07	-0.04	22.26
UK Index Linked Gilts	1.88	12.62	30.28
Money Market	0.61	10.8	20.04
Japan	-0.43	-11.94	9.49
UK Gilts	-0.61	15.66	29.21