Cautious Managed was the top-selling sector on Cofunds during Q4 - but property was the fastest-growing sector, surging into the top ten.
Continuing the strong run which has seen it outsell Corporate Bonds since September of last year, Cautious Managed accounted for nearly 24% of net sales on Cofunds in the fourth quarter.
"Cautious Managed remains key," says Cofunds business development manager- fund managers Michelle Woodburn.
Henderson MM Income & Growth A Fund, Thames River Cautious Managed A Fund and SWIP Multi-Manager Diversity A Fund were amongst the funds driving the sector to pole position.
The Corporate Bond sector remained the second-highest selling sector - with 14% of net sales - but this was only half the level seen in Q3.
Property was the biggest climber, breaking into the top ten to finish the quarter as the fifth most popular sector.
Aviva Investors Property Trust and the M&G Property Portfolio fund feature in the top 20 top sellers while the sector had five funds in the top 50 in total.
Woodburn says the ascendancy of Cautious Managed is nothing new. "It has traditionally been the top-selling sector until Corporate Bonds took over - so things are returning to normal."
The best performing fund managers continue to dominate the sales chart, with the top ten managers accounting for nearly 60% of all gross new business.
The biggest mover was the Thames River Distribution fund which surged into second place for net sales. But Jupiter International Financials Fund stole the show - it launched only two weeks before the end of the year but still managed to grab fourth spot.
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