Runner-up country returns

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Indices used for calculations: MSCI Italy, MSCI Germany, S&P Merval, S&P 500, MSCI Brazil, MSCI France, Nikkei 225, MSCI South Africa, MSCI Spain, MSCI Netherlands, MOEX Russia, MSCI Croatia, MSCI Qatar. Returns from indices used as a proxy for performance and do not factor in fund or platform charges.

Source: AJ Bell, FE Analytics, LSEG. Performance data in pounds sterling. 2022-2026 data runs until 1 June 2026.