Jupiter has stormed to the top of the UK all-company sector in a risk-reward analysis by online independent fund monitor Isa-TopTen.
Its analysis is based on statistical research of growth, risk and consistency as it believes this shows a fund manager's skill rather than luck.
The latest monthly analysis on its website shows most funds and markets are relatively stagnant.
In the UK all-company sector, Jupiter's UK growth fund is the new top-rated fund while ABN Amro's equity income fund still dominates the UK equity income sector.
UK corporate bond funds show a slow, steady improvement, with the top-rated Perpetual preference & bond fund being the most improved fund in the sector.
Isa-Top Ten says while Fidelity tops the European table this month, Henderson and Gartmore have dominated the European stockmarket over the last year and that the key to making money in this market is sector rotation.
It says the Japanese market remains difficult but Perpetual and Baillie Gifford have re-entered the top 10, replacing Schroders and Merrill Lynch. The top fund is from Legal & General.
Both Isa-topten.com and Pep-topten.com give a free monthly analysis which allows investors to compare their holdings with the rest of the market.
Founder and IFA Brian Dennehy says: “Past performance tables tell you nothing about the risks of a fund or how the performance was achieved.”