Which funds are the most popular this ISA season?

With just over a week left until the end of this tax year, there are no doubt a few last-minute ISA investors wondering where to invest their allowance and looking for inspiration.

So we thought a quick round-up of the most popular funds amongst other Chelsea investors this ISA season* might be of help.

VT Chelsea Managed range proving popular

The top two selling funds so far this ISA season are both from the VT Chelsea Managed range: Balanced Growth and Monthly Income. For those wanting someone else to worry about their asset allocation for them, these funds could fit the bill. Launched in June 2017, the team behind them was recently named Best Small Fund Group for Mixed Asset investments in the Refinitiv Lipper Awards 2021.

Asian equities also popular

Amongst the top ten are three Asian equity funds: Baillie Gifford Pacific, Fidelity Asia Pacific Opportunities and Baillie Gifford China. In fact, each of the other eight funds in the top ten are all equity funds, suggesting investors are positive about the outlook for stock markets.

Growth still trumps value

The fact that five of the top ten sellers are all Baillie Gifford funds, also points to investors still favouring growth strategies over value. Premier Miton European Opportunities and MI Chelverton UK Equity Growth, also fit this pattern. It is only Fidelity Asia Pacific Opportunities that has a value tilt.

Top ten selling funds this ISA season*

Rank Fund
1 VT Chelsea Managed Balanced Growth
2 VT Chelsea Managed Monthly Income
3 Baillie Gifford American
4 Baillie Gifford Global Discovery
5 Baillie Gifford Pacific
6 MI Chelverton UK Equity Growth
7 Baillie Gifford Positive Change
8 Fidelity Asia Pacific Opportunities
9 Baillie Gifford China
10 Premier Miton European Opportunities

If you are still undecided, and don’t want to make a rash or hurried choice, don’t forget you could place this year's allowance in Cash and make your fund selection at a later date. And remember, all switches are 0% charge through Chelsea.

*Source: Aegon, net flows for Chelsea investors 1 January to 23 March 2021

Published on 26/03/2021