Advisers balance selection of active and passive funds in June, latest FundsNetwork sales figures reveal
Data from FundsNetwork reveals an almost even split of active and passive exposures within its list of most popular funds selected by advisers last month.
The Global sector retained its position as the bestselling during June, while Property re-entered the list of most popular sectors for the month.
Vanguard LifeStrategy 60% Equity Fund was the bestselling overall, followed by LifeStrategy 40% Equity Fund in second place - also the most popular ISA fund. HSBC FTSE 250 Index Retail topped the list of bestselling pension funds.
Paul Richards, Head of Sales at FundsNetwork, comments: “Our latest figures show that both active and passive funds remain in favour, as advisers look at the best ways of helping clients to meet their objectives. While some are wedded to one style or another, there is clear evidence that many recognise the role of both strategies in helping to achieve clients’ goals and are blending styles to achieve a lower overall cost for them.
“For years, debate has sought to argue the merits of one approach over another - as if they might be mutually-exclusive. However, with both active and passive strategies offering potential benefits to investors, many now believe the two styles are complimentary rather than competing.”
Top 10 adviser sales by sector via FundsNetwork
|2||Mixed Investment 40-85% Shares|
|5||Asia Pacific Excluding Japan|
|6||Mixed Investment 0-35% Shares|
|7||£ strategic Bond|
|9||Global Equity Income|
Top 10 adviser sales by fund via FundsNetwork
|1||Vanguard LifeStrategy 60% Equity Fund|
|2||Vanguard LifeStrategy 40% Equity Fund|
|4||CFP SDL UK Buffettology Fund|
|5||LF Lindsell Train UK Equity Fund|
|6||HSBC FTSE 250 Index Retail|
|7||Vanguard Global Bond Index|
|8||Lindsell Train Global Equity Fund|
|9||Vanguard Pacific ex-Japan Stock Index|
|10||Baillie Gifford Managed|
Pension bestsellers through FundsNetwork
|1||HSBC FTSE 250 Index Retail|
|2||Vanguard Global Bond Index|
|3||CFP SDL UK Buffettology Fund|
|4||Vanguard LifeStrategy 60% Equity Fund|
|5||Vanguard Pacific ex-Japan Stock Index|
|6||LF Lindsell Train UK Equity Fund|
|8||Legal & General Multi-Asset Target Return Fund|
|9||Vanguard LifeStrategy 40% Equity Fund|
|10||HSBC FTSE All World Index Fund|
ISA bestsellers through FundsNetwork
|1||Vanguard LifeStrategy 40% Equity Fund|
|3||Lindsell Train Global Equity Fund|
|4||LF Lindsell Train UK Equity Fund|
|5||CFP SDL UK Buffettology Fund|
|6||Vanguard LifeStrategy 60% Equity Fund|
|7||Vanguard Global Bond Index|
|8||Legal & General Multi-Index 4 Fund|
|9||Baillie Gifford Managed|
|10||HSBC FTSE 250 Index Retail|
Source: FundsNetwork net sales data for June 2019
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