The continuing appeal of one-stop-shop investment solutions is all too clear in the latest list of most-bought funds from interactive investor.
Three of the 10 most popular funds are from the low-cost Vanguard LifeStrategy strategy of ready-made investment portfolios, up from two last month. The combination of fees at just 0.22 per cent and ii’s flat fee structure makes them an attractive option.
Funds, including offshore-domiciled funds, must be members of an Investment Association (IA) sector and offer a sterling or hedged to sterling share class. All charity, exempt, institutional and private funds are excluded, as are all passive index-tracking funds.
Scottish American Investment Company was founded by William Menzies in the 1870s, after a series of visits to the US left him impressed by the wealth and opportunities the rapidly industrialising country presented. Being the most exciting emerging market of its day, America, it was hoped, would provide strong returns for investors in the UK.
Every month we look at the most popular investment funds on Money Observer’s sister website Interactive Investor. In June, there was little change at the very top of the table of best-selling investment funds, as Terry Smith’s Fundsmith Equity continues to be ii clients’ favourite fund.
In the two years since the Brexit vote, small companies have been the most profitable place to invest within the UK economy.
While the FTSE 100 index returned 31.4 per cent over that time period, the FTSE Small Cap index managed 38.3 per cent.
Following the recent introduction of Morningstar’s carbon risk rating by Morningstar, we reveal how carbon-heavy the most popular investment funds are
An increasing number of investors look to environmentally friendlier and more ethical ways of growing their money, and choosing the right funds is part of that process.
Investors have taken some £8 billion out of UK equity funds since the Brexit vote, according to new figures from the Investment Association (IA).
While the FTSE 100 hit a new record high last month, UK-focused funds continue to be out of favour.
Despite regulatory concerns, the US tech sector has seen some of the strongest performance in the month of May.
According to data from FE Trustnet, among Investment Association fund sectors, Technology and Communications posted the second-best performance in May, with the sector returning investors 7.84 per cent.