Comparing this week's HSBC report to last week's, there are no new names on the top-performing list. However, there are a lot of position swaps, like the RPD Opportunity Fund surging from ninth to third place. The fund generated 10% gains since its last report, drawing the most attention. Also, Equitile Resilience Fund moved from eighth to fifth place, adding four points to their performance.
See our recent interview with RPD's founder and CIO - From Turkey to the U.S., This Self-Taught “Stock Market Wizard” has Consistently Produced Strong Returns
In the bottom five list, there was only one shift, with the GAIA Bluetrend Fund from Schroders falling off it after gaining about 4 points. It was replaced by the SMN Diversified Futures Fund, despite it generating almost 6% during August.
Top 10 Performers
1. Alken Capital Class J: 62.26% YTD Returns 62.26
Alken Capital and its private debt-oriented fund are continuing their performance, ripping through the year. Compared to the last report, the fund continued to surge this time, moving from 55.58% to 62.26% YTD gains. Looking at their stat sheet we can see what (mostly equity) positions are driving their gains.
Also see: Alken Capital Surges Past 55% YTD, New Funds Enter the Top 10
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