Australia's top 10 performing funds

Australia's top 10 performing funds. In the 3 years to the end of April 2014 The Smallco Broadcap Fund delivered average annual returns of 26.51%. According to figures from Morningstar this equates to 17% outperformance of Australian share market - ranking the Fund as best performer over this period. Andrew Hokin, Portfolio Manager of the Broadcap Fund says: At the moment it is hard to find much that we would describe as value and certainly the opportunities are nothing like they were even 12 months ago, let alone two years ago. There is also uncertainty over the likely strength of domestic consumption. Hokin now has a bias to Australian-listed companies with offshore exposures and is holding higher-than-normal levels of cash. His top three picks are Sirtex (SRX), Seek (SEK) and Henderson Group (HGG). You can see the top 10 here: (VIEW LINK)