China was the outperformance star of the MSCI’s All Country World Index in July.
Figures from index provider MSCI show China outperformed both in July with an 8.9% return on investment and by 36.1% in the year to date.
Using forward price to earnings, the most expensive country on the index was the US while the cheapest was Korea.
Momentum was the best performing factor in July up 3.5% and year to date, jumping to 20.8%.
The best performing sector in July was materials (5.2%) and the worst was healthcare (0.1%) while the market returned 2.8%.
Year to date, the best performing sector was information technology (26.3%) and the worst energy (-4.6%) while the market returned 15.0%.
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