Positive change in a negative year: What were the best-performing funds of 2020?

This comes despite the fact that, on a sector basis, IA North America came in seventh place out of 42 for its average total return of 16.2% over the course of 2020 - a modest outperformance of the S&P 500 index's return of 14.1%. That said, the IA Technology & Communications sector - a market area to which US equity indices have a significant exposure to - achieved the best average gain of 44.4% for the year as the pandemic boosted global dependence on technology. This was followed by IA China/Greater China with an average total return of 33.6% as the country became one of the first t...