Global funds

The best global equity funds surged over the past year, making it back-to-back stellar years for some global managers.

These funds have 0% batting averages, according to data sourced from Morningstar’s database.

These funds are the most-consistent at beating their benchmarks over the last five and 10 years in Australia.

PM Capital has had limited exposure to gold this decade. However, we initiated a position in late 2023 in Newmont Corporation.