In an article earlier this morning, FE Trustnet showed that past maximum drawdown offers investors little insight into how a fund will perform in future crashes, as a number of the best performers from the financial crisis have fallen harder than their peers in the more recent sell-off.
While researching that article, however, we noticed there are a number of funds that have a very strong record when it comes to maximum drawdown and appear to have persistently shielded their investors from the biggest falls in the market.
Our research found that a select group of IA UK All Companies and IA UK Equity Income funds lost less than the FTSE in the each of the following periods of market stress: the aftermath of the tech crash at the start of millennium, the 2008/09 financial crisis, the 2011 eurozone debt crisis, the 2013 taper tantrum and the 2015 sell-off.
Over the following pages, we reveal nine of the best funds that have done this – ranked by their total return since the start of 2000 – along with their maximum drawdowns in each of the periods and the managers who have steered them through these corrections.
