Investment News Fund Sales Soar So Far In 2010 18471123
Fund sales soar so far in 2010
02 August 2010 / by Lois Avery
Fund sales are on the up as investors’ confidence picks up, according to the Investment Management Association.
Their report shows that net retail sales for June were back over £2 billion once again, after a drop in May.
And ISA sales were the highest for nearly 10 years with £3.1 billion for the first six months of 2010.
Julie Patterson from the Investment Management Association, said: “Investors have continued to show their confidence in funds this year, with sales for the first six months of 2010 being only slightly down on last year, which was the highest year on record.
“ ISA sales for the first six months are the highest they have been since 2001. Also investors are diversifying, choosing a wide range of assets as well as different investment regions and sectors.”
As well as UK based funds research from Interactive Investor shows that growth opportunities in other markets have been popular for those looking for growth.
The most popular funds so far this year are the First State Indian fund, the Invesco Perpetual Latin America and the Aberdeen Emerging Markets fund.
Rebecca O’Keeffe, head of investment at Interactive Investor, said: “David Cameron is not the only one to take an interest in India as our investors continue to look for more aggressive growth opportunities in established, new and emerging markets.
“Our trading figures for June reflect the year on year increase in investor activity across the industry. Investor confidence remains strong overall with large inflows into funds both inside and outside of the ISA wrappers.”
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| Product Name | ISA Option | Income Yield | More Info | |
|---|---|---|---|---|
 |
Henderson Strategic Bond |  |
5.7% | More Info > |
| Income Paid Quarterly. Investing in higher yielding assets which will include most types of fixed interest securities, this fund aims to deliver a quarterly income to investors. See latest fund factsheet for details. | ||||
 |
Newton Asian Income | |
5.43% | More Info > |
| Income Paid Quarterly.The objective of the Sub-Fund is to achieve income together with long-term capital growth predominantly through investments in securities in Asia Pacific ex Japan (including Australia & New Zealand) region. The Sub-Fund may also invest in collective investment schemes. See latest fund factsheet for details. | ||||
|
Newton Higher Income | |
5.4% | More Info > |
| Income Paid Quarterly. The objective of the Fund is to achieve increasing distributions on a calendar year basis with long term capital growth. The Fund may also invest in collective investment schemes. See latest fund factsheet for details. | ||||
 |
Invesco Perpetual Distribution | |
4.7% | More Info > |
| Income Paid Monthly. Invesco Perpetual Distribution offers a balance between both income and capital growth through investment in UK based equities and fixed interest securities. See latest fund factsheet for details. | ||||
|
Invesco Perpetual Monthly Income Plus | |
4.46% | More Info > |
| Income Paid Monthly. Popular income fund that aims to achieve a high level of income whilst seeking to maximise total return through investing in high yielding corporate and Government bonds, together with UK equities. See latest fund factsheet for details. | ||||
 |
Woodford Equity Income Fund | |
3.50% | More Info > |
| Our selected partner for investing in Neil Woodford’s Equity Income fund is Barclays Stockbrokers, via their INVESTMENT ISA for new ISAs and ISA transfers, or their MARKETMASTER® ACCOUNT for non-ISA investments. Income Paid Quarterly.The fund’s investment objective is to provide investors with long-term appreciation through investing in stocks primarily listed on the UK stock exchanges. Up to 20% may be invested in international companies. The income objective is 10% higher than the FTSE All Share Index yield with an anticipated annual yield of 4.0%. | ||||
|
Newton Global Higher Income | |
4.7% | More Info > |
| Income Paid Quarterly. The objective of the Sub-Fund is to achieve increasing annual distributions together with long-term capital growth from investing predominantly in global securities. The Sub-Fund may also invest in collective investment schemes. See latest fund factsheet for details. | ||||
 |
Jupiter Merlin Income Portfolio | |
3.10% | More Info > |
| Income Paid Quarterly. To achieve a high and rising income with some potential for capital growth by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest in equities, fixed interest stocks, commodities and property, principally in the UK. See latest fund factsheet for details. | ||||
 |
M&G; Global Dividend | |
3.27% | More Info > |
| Income Paid Quarterly. The Fund aims to deliver a dividend yield above the market average, by investing mainly in a range of global equities. The Fund aims to grow distributions over the long-term whilst also maximising total return (the combination of income and growth of capital). See latest fund factsheet for details. | ||||
 |
Kames Strategic Bond | |
2.95% | More Info > |
| The primary investment objective is to maximise total return (income plus capital ) by investing in global debt instruments,denominated in any currency, ranging from AAA Government Bonds through to high yield and emerging market corporate bonds. At least 50% of the fund will be invested in sterling and other currency denominated bonds hedged back to sterling. See latest fund factsheet for details. | ||||
|
M&G; Optimal Income | |
2.44% | More Info > |
| Income Paid Twice Yearly.The fund aims to provide a total return to investors based on exposure to optimal income streams in investment markets. The fund invests across a broad range of fixed income assets according to where the fund manager identifies value. See latest fund factsheet for details. | ||||
**Historic Yield reflects distributions declared over the past 12 months as a percentage of the mid-market price of the fund.
*** This is the target yield the fund aims to achieve per year, it is not guaranteed and could change according to prevailing market conditions. The target yield is net of basic rate tax.
Information correct as at 08/02/2012.
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