Top ten UK equity income funds revealed as sector tops bestseller list

UK equity income topped the list of bestsellers for the end of the 2015 tax year.

Sales data provided by Fundsnetwork shows that investors looking for yield piled into income generating funds, with the Woodford Equity Fund topping the list.

The demand for income generating assets was further confirmed by sales flows into the property and strategic bond sectors, which were the second and third bestselling sectors respectively in the months leading up to April 6.

“With interest rates continuing to be low, it’s small wonder that advisers and their clients seeking yield are utilising funds within the UK Equity Income, property and strategic bond sectors,” says Jon Everill, head of advisory services at FundsNetwork.

The rest of the top ten most popular funds are (in order):
  • Standard Life Investment Global Absolute Returns Strategy
  • Invesco Perpetual Global Targeted Returns
  • Fundsmith Equity Fund
  • Artemis Global Income Fund
  • Henderson UK Property Unit Trust
  • Lindsell Train UK Equity Fund
  • M&G Feeder of Property Portfolio
  • Premier Multi-Asset Distribution
  • Jupiter European Special Situations

The most popular sectors after UK equity income are (in order):
  • Property
  • Strategic Bond
  • Global Equity Income
  • UK Money Market
  • Targeted Absolute Return
  • Mixed Investment 20-60% Shares
  • Mixed Investment 40-85% Shares

Fund manager Neil Woodford continued his successful run with the listing of a new investment trust, Patient Capital, on the London Stock Exchange yesterday. The initial public offering raised a record £800 million (€1.1 billion) and was oversubscribed by 10%.

©2015 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST