Cautious Managed continues to reign supreme on Cofunds

Cautious Managed was the highest-selling sector on the platform, grabbing 30% of net sales and 20% gross sales. But in a sign the sector may have peaked, it also saw net sales drop 6% from its May and June high of 36%. Corporate Bonds was another high achiever, accounting for 6% of net sales - up from its 2% average over the last two months. Invesco Perpetual Corporate Bond and M&G Strategic Corporate Bond, the seventh and ninth highest selling funds respectively, helped push the sector back into the top-ten. "July has been a predominantly positive month for the Cautious Managed secto...