The top 10 most popular investment funds – June 2017

Once again, Money Observer Rated Fund Fundsmith Equity took the top position in the most-bought funds on Money Observer's sister website Interactive Investor in June.

The fund has over half of its assets in US equities and is managed by highly regarded investor Terry Smith. Ever since it toppled CF Woodford Equity Income over a year ago, it has been the most-bought fund in our list.

Money Observer Rated Fund Lindsell Train Global Equity climbed two spots to be second on the list. Jointly managed by Michael Lindsell and Nick Train, the fund returned 15.5 per cent over six months and 27.1 per cent over one year.

Neil Woodford's eponymous open-ended fund – CF Woodford Equity Income – took third place in June. The UK equity income fund gained 0.1 per cent over one month to and it gained 16 per cent over one year.

Woodford hopes that sectors such as biotech will eventually pay off, and thanks to his popularity the fund remains hugely popular despite underperforming the Investment Association's UK equity Income sector, which gained 19.3 per cent over one year.

Half of the top 10 most-bought funds were passive ones, which indicates a wider trend to opt for low-cost tracker funds.

The fourth place in the list, for instance, was taken by Vanguard LifeStrategy 80% Equity, which focuses on North American equities, UK equities and European ex UK equities as well as global bonds.

It was closely followed by Jupiter India, which went down two spots to be the fifth most-bought fund in the list. The fund gained 32.6 per cent over the last month and an astonishing 96.6 per cent over the last three years.

With the UK’s impending messy divorce from Europe and unfulfilled expectations in relation to Trump’s policies, investors have been turning to emerging market funds. In India specifically, new tax reforms are seen as a positive development for the economy.

The sixth spot was taken by another passive fund, Vanguard LifeStrategy 100% Equity. It was closely followed by passive fund HSBC FTSE All Share Index, which took seventh spot and gained 1.7 per cent over three months. 

Artemis Global Income was the eight most-bought fund in June. It benefits from a global spread as one third of its holdings are in US equities, 14.8 per cent in Italian equities and 7.6 per cent in German equities.

The ninth spot was taken by Vanguard FTSE Developed World ex UK, which has 61 per cent in US equities and 9.7 per cent in Japanese equities.

And finally, the tenth place was taken by another tracker, Vanguard LifeStrategy 60% Equity, which has 26.4 per cent in US equities, 19.3 per cent in global bonds, and 14.9 per cent in UK equities.

 

RankFundIA sectorChange since MayTotal return 1m to 30 June (%)Total return 3 years to 30 June (%)
1Fundsmith EquityGlobal--
-0.299.2
2Lindsell Train Global EquityGlobal+2
-0.485.8
3CF Woodford Equity IncomeUK equity income-1
0.138.8
4Vanguard LifeStrategy 80% EquityMixed Investment 40%-85% Shares+1
-0.940.1
5Jupiter IndiaSpecialist-2
-0.296.6
6Vanguard LifeStrategy 100% EquityGlobal--
-0.947
7HSBC FTSE All Share IndexFTSE All Share+1
-1.824.4
8Artemis Global Income   Global Equity Income-1
-143.4
9Vanguard FTSE Developed World ex UKFTSE Developed ex UK+1-0.357.6
10Vanguard LifeStrategy 60% EquityMixed Investment 40%-85% Shares---0.933.4

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