The BEST Performing Sector This Year, And For the Past Half-Decade
Despite politicians ganging up on it, the performance of tobacco has just been... breathtaking.
Some perspective from SocGen on what's worked this year, over the past 5 years, and over the past 10 years...
The Pharmaceuticals sector is also among only two global sectors to remain in positive territory, with a year-to-date gain of 3.9%, though this is some way behind Tobacco which has gained 21.8%. Incidentally, the Global Tobacco is the strongest performing sector during the last five years in total returns terms and only second to Mining on a ten year view. It has achieved this with far less volatility and a greater proportion of the return being generated by the dividend stream.
Wild that around the world only two global sectors managed gains this year, and that the 2nd place one, pharma, only gained 3.9%.
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