Cautious Managed funds held onto top spot on Cofunds in February as multi-manager propositions continue to hold sway.
According to the platform's latest sales trends, Cautious Managed funds grabbed 37% of net sales during the month - up from 33% in Q4 - with the sector accounting for all of the top five selling funds. "February saw Cautious Managed firmly ensconced in the top spot and it does not look like it will be giving up its title soon," says Michelle Woodburn, manager, fund group relations (pictured). "It is interesting to note the top five selling funds were not only all Cautious Managed, but they were also all multi-manager funds as well." Jupiter Merlin Income Portfolio claimed pole positio...
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