The UK Equity Income sector is once again the most popular sector amongst our clients this year*, attracting 15% of sales so far this ISA season.
Despite ongoing concerns over a pick up in inflation and rising interest rates in the US, the Sterling Strategic Bond sector has seen its popularity increase, rising from seventh last year** to fourth this year*, and Asia Pacific ex Japan, which was very much out of favour last year, has made a come-back in ninth place*.
In contrast, UK Smaller Companies has fallen from third to eighth and Property has fallen out of the top ten altogether.
Best selling IA sectors so far this ISA season*:
Position | IA Sector | % of overall ISA investments |
1 | UK Equity Income | 15.71% |
2 | UK All Companies | 13.50% |
3 | Global | 11.03% |
4 | Sterling Strategic Bond | 7.80% |
5 | Europe excluding UK | 7.47% |
6 | Specialist | 6.75% |
7 | North America | 5.62% |
8 | UK Smaller Companies | 4.80% |
9 | Asia Pacific ex Japan | 4.35% |
10 | Global Equity Income | 4.12% |
Best selling funds so far this ISA season*:
Position | Fund name | % of overall ISA investments |
1 | CF Woodford Equity Income | 6.54% |
2 | Fundsmith Equity | 4.48% |
3 | Liontrust Special Situations | 3.67% |
4 | Threadneedle UK Equity Alpha Income | 3.59% |
5 | Stewart Investors Asia Pacific Leaders | 3.30% |
6 | Invesco Perpetual Monthly Income Plus | 3.21% |
7 | AXA Framlington UK Select Opportunities | 2.77% |
8 | Henderson Strategic Bond | 2.63% |
9 | AXA Framlington American Growth | 2.61% |
10 | Marlborough UK Micro Cap Growth | 2.46% |
*1st January to 28th February 2017, Chelsea Financial Services
**1st January to 5th April 2016, Chelsea Financial Services