20th June 2012
FUNDSNETWORK BEST SELLING FUNDS AND SECTORS – MAY
Please find below the best selling fund and IMA sectors for IFA’s using FundsNetworkTM in May.*
|
Rank |
Top 10 IFA Sales by Fund via FundsNetwork |
|
1 |
Fidelity MoneyBuilder Income Fund |
|
2 |
Invesco Perpetual High Income |
|
3 |
Fidelity Strategic Bond Fund |
|
4 |
M&G Optimal Income Fund |
|
5 |
Jupiter Merlin Income Portfolio |
|
6 |
Invesco Perpetual Distribution |
|
7 |
Cazenove Multi-Manager Diversity |
|
8 |
M&G Strategic Corporate Bond Fund |
|
9 |
Newton Global Higher Income Fund |
|
10 |
Standard Life Global Absolute Return Strategy |
|
Rank |
Top 10 IFA Sales by Sector via FundsNetwork |
|
1 |
Mixed Investment 20-60% Shares |
|
2 |
UK Corporate Bond |
|
3 |
UK Equity Income |
|
4 |
UK Strategic Bond |
|
5 |
UK All Companies |
|
6 |
Global |
|
7 |
Asia Pacific Excluding Japan |
|
8 |
UK Money Market |
|
9 |
Mixed Investment 40-85% Shares |
|
10 |
North America |
Klare Baldwin, Head of Marketing at FundsNetwork, comments: “With the market turbulence and the uncertainty that has surrounded the Eurozone and Greece, it is unsurprising that the Money Market sector crept back into the top ten sector sales last month. Whilst income funds remain the key focus, the emergence of multi-manager proves that these types of funds are also becoming increasingly popular as investors seek to diversify their portfolios and reduce risk to effectively shelter their portfolios from the storm.”
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