Which funds are popular among Chelsea’s clients this ISA season?
2023 has had a lively start and volatility in markets remains. As we approach the business end of the tax year, many investors who have yet to invest their ISA allowance will no doubt be wondering where to turn.
To help spark some ideas, we’ve put together a quick round-up of the most popular funds amongst other Chelsea clients this ISA season*:
VT Chelsea Managed Funds range remains popular
Investors seem to be hedging their bets so far this ISA season and are leaving asset allocation up to the professionals as the banking crisis, geopolitical tensions and persistently high inflation take their toll on investor sentiment.
The top selling fund so far (and for the third year in a row) is the VT Chelsea Managed Monthly Income fund*. It is followed in second place by VT Chelsea Managed Aggressive Growth* while the VT Chelsea Managed Balanced Growth fund is in seventh spot*.
Launched in June 2017, the VT Chelsea Managed fund range has been named Best Small Fund Group for Mixed Asset Investments in the Refinitiv Lipper Awards, United Kingdom for two successive years.
Chelsea Core Selection dominates choices
Clients’ trust in the Chelsea fund research team – who are investment advisors to the VT Chelsea Managed funds – also extends to the Chelsea Core Selection they curate, with the other seven funds in the top ten this ISA season all claiming a spot on the list.
Amongst the top ten are two global equity income funds and two UK equity income funds: Fidelity Global Dividend, M&G Global Dividend, TB Evenlode Income and Man GLG Income.
The remaining three funds also have global and UK remits: Liontrust Special Situations, which invests in UK companies of all sizes, but has a bias to small and mid-caps, Rathbone Global Opportunities and Fundsmith Equity.
Top 10 funds for ISAs*
1. VT Chelsea Managed Monthly Income
2. VT Chelsea Managed Aggressive Growth
3. Fidelity Global Dividend
4. M&G Global Dividend
5. TB Evenlode Income
6. Fundsmith Equity
7. VT Chelsea Managed Balanced Growth
8. Man GLG Income
9. Rathbone Global Opportunities
10. Liontrust Special Situations
*Source: Chelsea Financial Services, 1 January to 22 March 2023
Past performance is not a reliable guide to future returns. You may not get back the amount originally invested, and tax rules can change over time. The views expressed are those of the author and should not be taken as investment advice. The funds mentioned are for illustration purposes only and should not be taken as a recommendation to buy or to sell.