March’s most widely bought and sold funds.

Rob Morgan reveals the funds most commonly bought and sold by customers using our investment platform in March.

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  1. Rob Morgan

Share markets have started 2019 on a positive note. March, traditionally a popular time for investors to use up key allowances such ISAs, proved to be a further strong month.

With confidence growing Terry Smith’s Fundsmith Equity continued to be the most popular fund for new investment among Charles Stanley Direct customers.

Mr Smith has built a significant following since he launched this fund in 2010. His no-nonsense approach to global equities has proven very effective – and investors have enjoyed significant outperformance versus the fund’s benchmark, the MSCI World index - although past performance is not a guide to the future.

Another popular global equity fund, Lindsell Train Global Equity, was also widely purchased.

Artemis Global Income remained a popular option for exposure to high yielding global stocks, and JOHCM UK Equity Income was a firm favourite for income-seeking investors wishing to allocate to UK equities.

Meanwhile, Merian UK Smaller Companies was the go-to investment for those seeking opportunities in the more dynamic part of the UK market.

Investors choosing a passive or tracker route prioritised Legal & General US Index for allocating specifically to US equities, while Fidelity Index World was the most popular option for low-cost global equity exposure.

Funds in Vanguard’s passive LifeStrategy range were once again popular with those wishing to take a balanced investment approach encompassing both equities and bonds. These offer cost-efficient passive exposure to diversified portfolios and automatically rebalance to maintain a specific asset allocation.

Among the most sold funds were a number of widely held investments, likely a result of general trading activity. 

There was, however, evidence of investors cooling towards growth-orientated areas such as the US and technology.

Neil Woodford’s CF Woodford Equity Income continued to wane in popularity among Charles Stanley Direct customers. The well-known manager has recently announced plans to switch some unquoted stocks in the fund in favour of buying shares in Woodford Patient Capital Trust, which he also runs, in order to help manage exposure to earlier-stage higher growth companies.

Remember, although certain funds have been popular with our customers, this does not imply that you should follow suit. Any investment you choose should meet with your own personal circumstances and objectives, taking into consideration your existing portfolio.

 

Table: The top ten fund buys (in terms of number of trades) through Charles Stanley Direct in March 2019. Listed alphabetically. Does not include regular savings.

Artemis Global Income

Fidelity Index World

Fundsmith Equity

JOHCM UK Equity Income

Legal & General US Index

Lindsell Train Global Equity

Merian UK Smaller Companies

Vanguard LifeStrategy 100% Equity

Vanguard LifeStrategy 60% Equity

Vanguard LifeStrategy 80% Equity

 

Table: The top ten fund sells (in terms of number of trades) through Charles Stanley Direct in March 2019.  Listed alphabetically.

Aberdeen Standard Life Global Absolute Return Strategies

Artemis Global Income

Fundsmith Equity

JO Hambro UK Equity Income

Lindsell Train Global Equity

L&G US Index Trust

Legg Mason IF Japan Equity

LF Woodford Equity Income

Vanguard LifeStrategy 80% Equity

Vanguard LifeStrategy 100% Equity

 

Past performance is not a reliable guide to future returns. This website is not personal advice based on your circumstances. No news or research item is a personal recommendation to deal. Investment decisions in fund and other collective investments should only be made after reading the Key Investor Information Document or Key Information Document, Supplementary Information Document and Prospectus. If you are unsure of the suitability of your investment please seek professional advice.

 

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