M&G Global Dividend fund takes top spot in August

Standard Life's Investment Global Absolute Return Strategy fund fell from top position in July to fourth in August. The second and third highest selling funds, the Invesco Perpetual Distribution fund and F&C's MM Navigator Distribution fund respectively, are both from the IMA's Mixed Investment 20-60% Shares sector. The sector held on to its top position with 191% of net sales last month. The Global Equity Income sector, which saw a doubling of July's net sales figures, rose from sixth position to second, replacing Targeted Absolute Return which dropped down to fifth. Cofunds head ...