I found an amazing new managed Global fund (37% gain in a year, 150% in five years)!

Back in April 2023, I decided to add an actively managed fund to my portfolio. I chose the Royal London Global Equity Select Fund (Acc) and for 2023 and early 2024 it  proved to be a good choice.

However, the fund manager and  it's Alpha managers left Royal London in April 2024 and since then the performance of this fund has been disappointing to say the least (4% vs. 11% for a benchmark global equity fund)...

I eventually sold my Royal London fund shares in July 2025 - I wanted to give the new fund managers a chance, but I had waited long enough and it did not improve!

I bought £8637 of the RL fund in 2023 and sold the shares for £11748 in July 2025 (£3111 gain = approx 35% in two years).  An 18%/yr return rate is OK for me, considering the Trump effect of this year.

BUY   £3357  18/04/2023  1629 shares

BUY   £5280  01/09/2023  2329 shares

SELL  £11748 22/07/2025  3958 shares

I guess this shows me that if I do pick an actively managed fund, it is only as good as it's fund managers, so if the managers change I may need to switch to a better fund. i.e. unlike an index tracker, an active fund is not one you can just ignore for 20 years!

Artemis Global Income Fund (Acc) 

I have now found an alternative active fund in the Artemis Global Income Fund (Acc) which has shown even better 5 year performance than the Royal London fund over the last 5 years...

but more importantly, it's one year performance has also been very good too at an amazing 37% gain...

and a 15% gain in just the last 3 months...

I like this fund because it has a high EU exposure (esp. in EU finance - e.g. the EU banks ETF BNKE has performed well for me too) and it will act as a hedge towards many of my other investments (ETFs and companies) which are heavily USA-weighted. It also tends to include dividend paying companies as it is an income+growth fund (though I have bought the accumulation version of the fund - ISIN: GB00B5ZX1M70).

The TER is approx. 0.9% but the performance, if it continues, will far outweigh the charges. The aim of the fund is to beat a standard global equity index by at least 3%.

The risk factor is 5 which is not too bad either.

I only wish I had found it sooner, but I have now purchased this fund and I intend to leave it sitting in my ISA for many years to balance my USA-weighted Tech ETFs (e.g. IITU, XLKQ and Nasdaq).

Artemis fund vs. Fisher Investments (Purisima) and IITU (S&P Tech) ETF

The above chart shows that investing in the Artemis fund over 5 years would have produced 

DOUBLE the returns of that of Fisher Investments or an SWDA MSCI Global ETF and on a par with the high risk IITU/XLKQ Tech ETF (a favourite of mine).

Most of my portfolio comprises low charge Index ETFs like SWDA, but I also use active funds in the hope (hedge) that professional UK fund managers have a better understanding of the economy than I do and so they should outperform me at least in some years!

Let me know if you have a favourite global managed fund.

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Please note: This is not investment advice - please do your own research!