OriginaveMonthly returns
Follow a £10,000 investment through the year — your balance at the end of every month, in pounds and percent.
Every figure here is in pounds — what you'd actually pocket buying on the London Stock Exchange. Fund fact sheets usually headline returns in US dollars, which can look very different in years when the pound moves against the dollar. Here's the full story, year by year.
IWFMtracks the MSCI World Momentum Index
Which strategy won in 2026 so far?
Same £10,000 into IWFM, two ways: everything on day one (lump sum), or £833 at the start of every month (dollar-cost averaging).
Lump sum: £10,000 into IWFM on day one
You invest the whole £10,000 at the start of 2026. Follow your balance month after month — the last column shows how many days that month jumped or fell 1% or more. The current month is still running, so it is not shown yet.
| Month | Your balance | Change that month | Change in % | Big days (±1%+) |
|---|---|---|---|---|
| Jan | £10,131 | +£131 | +1.31% | 6 |
| Feb | £10,361 | +£230 | +2.27% | 8 |
| Mar | £9,567 | −£795 | -7.67% | 10 |
| Apr | £10,955 | +£1,388 | +14.51% | 8 |
| May | £11,903 | +£948 | +8.65% | 11 |
| Jun | £12,924 | +£1,021 | +8.58% | 13 |
Dollar-cost averaging: £833 into IWFM every month
Instead of investing everything at once, you split the same £10,000 into 12 equal parts and invest £833 at the start of every month of 2026.
| Month | Paid in so far | Your balance | Change that month | Change in % | Big days (±1%+) |
|---|---|---|---|---|---|
| Jan | £833 | £844 | +£11 | +1.31% | 6 |
| Feb | £1,667 | £1,716 | +£38 | +2.27% | 8 |
| Mar | £2,500 | £2,354 | −£196 | -7.67% | 10 |
| Apr | £3,333 | £3,649 | +£462 | +14.51% | 8 |
| May | £4,167 | £4,870 | +£388 | +8.65% | 11 |
| Jun | £5,000 | £6,193 | +£489 | +8.58% | 13 |