Post by mangomoney on Sept 17, 2019 15:23:06 GMT 7
Low-risk assets beat out gold for returns
Property funds, real estate investment trusts (REITs) and infrastructure funds have yielded the best returns year-to-date amid market volatility.
Against the backdrop of a global economic slowdown and looser monetary policy adopted by most central banks, some investors have shifted their capital into bullion as a safe haven against rising uncertainty.
But gold has generated lower returns this year than low-risk assets such as property funds, REITs and infrastructure funds, Morningstar Research Thailand reported.
The top three returns for property funds are: LH Thai Property RMF with a 33.1% return year-to-date, followed by MFC Property Wealth Fund's 32.8% and One Property Plus Fund at 32.3%.
Returns generated from other property funds, REITs and infrastructure funds have reported more than 25% growth.
