This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more
Cautious Managed Funds Dominate Fund Supermarket Sales

Cautious Managed Funds Dominate Fund Supermarket Sales

06 February 2012 / by David Hughes

Cautious Managed funds maintained their stronghold on the investment funds market last month, accounting for over 52 per cent of net sales according to the latest sales trends figures from Cofunds, the leading independent platform for financial services. Three of the top five selling retail funds on the platform were multi manager or multi asset funds within this sector.

Gilts also proved popular, with UK Gilts and UK Index-Linked Gilts taking a combined 22 per cent of net sales – well over double their allocation for October. The Global sector was the third most favoured area for investment with 12 per cent of net sales last month. Funds focussing on income and dividends still proved most sought-after in this sector, with both M&G Global Dividend and Newton Global Higher Income in the top ten selling funds on the platform (see table below).



November 2011 Net Sales


HSBC Open Global Return


Premier Multi-Asset Distribution


Jupiter Merlin Income Portfolio


Architas MM Balanced


M&G Global Dividend


M&G Strategic Corporate Bond


Thames River Distribution


Legal & General Cash Trust


Newton Global Higher Income


Threadneedle High Yield Bond


Newton Real Return


M&G Optimal Income


M&G Gilt & Fixed Interest Income


Fidelity Moneybuilder Income


HSBC Open Global Distribution


Henderson MM Distribution


CF Miton Special Situations Port.


SWIP Multi-Manager Diversity


Invesco Perpetual Distribution


Schroder US Mid Cap


 Michelle Woodburn, Manager, Fund Group Relations said: “While advisers continued to concentrate on Cautious Managed, prolonged volatility in the market saw Money market funds account for 8 per cent of net sales. This is their highest monthly market share for 2011.

“Market instability also meant that various sectors went from positive to significant negative net sales territory in November, including UK All Companies (-14 per cent of net sales), UK Equity Income (-12 per cent), Specialist (-7 per cent) and Active Managed (-4 per cent).”


Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future. The products shown will be arranged on a non-advisory basis. Different types of investment carry different levels of risk and may not be suitable for all investors.

Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are at all unsure of the suitability of a particular product for your circumstances you should seek independent financial advice. Please refer to our Non Advisory Terms of Business and Disclaimer & Privacy Statement for further information.