The top three most bought funds hardly changed in April, with Scottish Mortgage, Smithson and City of London all holding the same spots they did the previous month, according to data from interactive investor, our parent company.
Scottish Mortgage continued its winning streak of being the most popular investment trust, according to the latest data from interactive investor (which owns Money Observer).
The global trust managed to return 3.7% in March, keeping its three-year return back above 100%.
Scottish Mortgage continued to dominate the list of the most popular investment trusts among clients of our parent company interactive investor. The trust’s three-year return currently stands at 100.6%.
The start of the year is typically a time investors re-evaluate their portfolios and it appears investors of our parent company interactive investor have been doing just that.
Our top 10 most-bought investment table, which we update each month, barely changes, but in January 2019 there were four new trust entrants.
Whether during the seemingly unstoppable popularity of US tech in the summer of 2018 or during the sector’s heavy sell sell-off this autumn, Scottish Mortgage has managed to keep its position as the most popular investment trust among investors of interactive investor, Money Observer’s parent company.
October was tough month for markets. Stocks around the world saw heavy selling and among the hardest hit was the once seemingly unstoppable US tech sector.
The consensus among financial commentators is that emerging markets are cheap right now due fears surrounding the China/US trade war, among other reasons. However, that hasn’t meant much of a pickup in popularity for the sector among investment trust investors, according to data from our sister website Interactive Investor showing the most bought trusts in September 2018.
August saw investors on our sister website interactive investor continue to pile into global trusts, particularly those with a heavy technology weighting.
10 most popular trusts in July 2018
Global and tech choices continue to dominate investor trust choices
Despite recent wobbles, shares in tech shares have been some of the strongest performers this year, and this has been reflected in investors’ investment trust preferences.