Equity Income funds increased in popularity last month as demand for fixed interest declined, Skandia figures reveal.
The firm’s February top selling funds revealed investors are looking to get back into equities, with Invesco Perpetual vehicles leading the charge. Fixed interest offerings are still selling well despite slower sales than January, with three out of the top 10 funds falling into this category. The top 10 funds on the Skandia MultiFUNDS platform in February were: Invesco Perpetual High Income M&G High Interest Invesco Perpetual Corporate Bond Inc JPM Natural Resources Invesco Perpetual Income Allianz RCM BRIC Stars M&G Gilt & Fixed Interest Income Black Rock ML Go...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
