With the price of gold rising by more than $200 over the past year, retail investors have begun to flock to the booming commodity.
According to March figures from Skandia’s MultiFUNDS platform, BlackRock’s Gold & General fund jumped five places to three in the top 10 ISA sales list. Top spot was M&G’s High Interest fund, despite falling demand for fixed income offerings. Invesco Perpetual retained its position as the most popular fund group, with four vehicles on the list. Top ten ISA sales on MultiFUNDS for March: M&G High Interest Invesco Perpetual High Income Black Rock ML Gold & General Invesco Perpetual Corporate Bond JPM Natural Resources JPM Cautious Total Return Invesco Perpetual Mon...
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