Fund supermarket Cofunds lists top selling funds for May

7th June 2013

Fund supermarket Cofunds has issued its list of top sellers for May. These will tend to be funds advised upon by independent financial advisers. Cofunds says the biggest sector continued to be the mixed investment 20-60 per cent shares with four of the top twenty in the sector.

Michelle Woodburn, Head of Fund Group Relations at Cofunds, commented: “The Standard Life Investments Global Absolute Return Strategy fund took the top spot in May as absolute return remained a key theme as advisers continue to seek outperformance in all market conditions. In addition, despite another volatile month for UK equities, with good gains followed by a correction towards the end of the month, UK sectors proved popular with advisers and their clients, with four funds listed in the top 20. It’s also notable that Mixed Investment 20-60% Shares continued its reign as the most favourable sector.”

Net Sales May 2013
1 SL Inv Global Absolute Ret Strategy
2 M&G Global Dividend
3 First State Gbl Emerging Mkts Lead
4 Invesco Perpetual Distribution
5 Henderson Cautious Managed
6 Cazenove UK Opportunities
7 Jupiter Merlin Income Portfolio
8 Newton Asian Income
9 Newton Global Higher Income
10 HSBC Open Global Distribution
11 Threadneedle UK Equity Income
12 Liontrust Special Situations
13 Jupiter Strategic Bond
14 F&C MM Navigator Distribution
15 Cazenove UK Smaller Companies
16 Premier Multi-Asset Distribution
17 M&G Optimal Income
18 JPM US Equity Income
19 Kames Sterling Corporate Bond
20 SEI Moderate

 

 

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