Advisers take a global perspective, as market outlook remains uncertain

Advisers continue to seek returns from around the world, with figures from FundsNetwork revealing the Global sector remained the most popular during July.

Fundsmith Equity was both the bestselling fund overall, and most popular choice for ISA investors last month, while Vanguard LifeStrategy 40% Equity Fund topped the list of bestselling pension funds.

Paul Richards, Head of Sales at FundsNetwork, comments: “Uncertainty seems to be something of a key theme for 2019, both politically and economically. Indeed, our research with NextWealth found that a quarter (25%) of advisers concerned by business challenges are worried about how stock market performance and geopolitical risk might impact upon investor behaviour*.

“The Global Sector has proven one of the most popular sectors throughout the year, offering opportunities to diversify and buffer portfolios against volatile markets. With the outlook for the remainder of the year similarly unpredictable, many advisers will be looking to weather the storm and reassure clients over the coming months.”

Top 10 adviser sales by sector via FundsNetwork

Rank Sector Name
1 Global
2 Volatility Managed
3 Mixed Investment 40-85% Shares
4 £ Strategic Bond
5 Short Term Money Market
6 Mixed Investment 0-35% Shares
7 Mixed Investment 20-60% Shares
8 UK All Companies
9 £ Corporate Bond
10 Global Bonds

Top 10 adviser sales by fund via FundsNetwork

Rank Fund Name
1 Fundsmith Equity
2 FID FIF - Fidelity Cash Fund
3 Vanguard LifeStrategy 40% Equity Fund
4 LF Lindsell Train UK Equity Fund
5 Lindsell Train Global Equity Fund
6 Vanguard LifeStrategy 60% Equity Fund
7 Investec UK Special Situations
8 iShares Mid Cap UK Equity Tracker Fund
9 Investec Diversified Income Fund
10 CFP SDL UK Buffettology Fund

Pension bestsellers through FundsNetwork

Rank Fund Name
1 Vanguard LifeStrategy 40% Equity Fund
2 iShares Mid Cap UK Equity Tracker Fund
3 Investec Diversified Income Fund
4 Fundsmith Equity
5 First State Asia Focus Fund
6 LF Lindsell Train UK Equity Fund
7 CFP SDL UK Buffettology Fund
8 Schroder Asian Alpha Plus A Inc
9 Lindsell Train Global Equity Fund
10 Legal & General Multi-Index 4 Fund

ISA bestsellers through FundsNetwork

Rank Fund Name
1 Fundsmith Equity
2 LF Lindsell Train UK Equity Fund
3 Lindsell Train Global Equity Fund
4 Vanguard LifeStrategy 40% Equity Fund
5 Vanguard LifeStrategy 60% Equity Fund
6 FID FIF - Fidelity Cash Fund
7 Baillie Gifford Managed
8 Legal & General Multi-Index 5 Fund
9 Legal & General Multi-Index 4 Fund
10 Investec Diversified Income Fund

Source: FundsNetwork net sales data for July 2019

For further information, please contact:

Emma Beresford
Fidelity International
0203 986 2004
07730 594806
Ariella Levine
Fidelity International
020 7961 4575

Notes to Editors:

* The research, ‘Business Challenges facing financial advisers,’ surveyed 206 advisers asking them what they consider to be the biggest business obstacles for their industry. Research conducted by NextWealth, December 2018]

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