The Australian Fund Monitors’ Index rose by 1.54 per cent in November, bringing its year-to-date performance to 16.31 per cent.

Equity based funds returned 1.41 per cent in November (22.33 per cent YTD), while non equity based funds rose 1.75 per cent in November (8.88 per cent YTD).

Fund of funds rose 1.01 per cent in November and single funds rose 1.61 per cent.

The ASX 200 increased by 1.25 per cent in November, while the S&P 500 rose by 5.74 per cent.