- Eight-years cumulative total return of 211 per cent versus 56 per cent from the FTSE All-Share.
- Last year's Genuine Growth picks delivered a total return of 24 per cent versus negative 10 per cent from the index.
- Six new share picks.
While a lot of attention has been grabbed by the rotation from 'growth' to 'value' stocks since Pfizer announced positive vaccine news, the fact remains that over the last 12 months growth has been the place to be. My Genuine Growth screen has been a big beneficiary.
Sharp swings in sentiment are hard to ignore and they can often herald the beginning of new long-term trends. But it would be premature to conclude this is the case with value’s sudden surge. Indeed, a spell of significant outperformance was experienced by UK value stocks around this time last year following the outcome of the first phase of Brexit. The moment proved fleeting, though, with a sharp reversal in 2020.