The “Best 9” funds examined by professionals are said to have outperformed the All Country fund for 5 consecutive years, attracting attention in an era of yen strength and high interest rates. Movements in dollar-yen after coordinated intervention by Japan and the United States are also cited as a factor.
Experts have examined the 9 funds known as the “Best 9,” which are reportedly maintaining performance above that of the All Country fund for 5 consecutive years.
Interest in these funds is rising as yen strength and high interest rates persist, and investors who previously invested in US equities such as the S&P 500 are reportedly changing their behaviour.
Coordinated intervention by Japan and the United States was reportedly carried out recently, causing the dollar-yen rate to move sharply. The article discusses the possibility that the foreign-exchange environment could affect fund performance.