Three investment themes for 2023
It’s that time of year when everyone reaches for their crystal balls to predict what sectors could...
As the year draws to a close, FundCalibre has revealed the top 20 most viewed funds and trusts on its website, with LF Woodford Equity Income proving the most popular in 2017.
The fund, which has had mixed fortunes over the past 12 months, drew the highest number of page views on the fund research website. Having celebrated its third anniversary in June at the very top of its sector rankings, a number of stock-specific issues hit the fund in the second half of the year. Perhaps, unsurprisingly, given the high profile of the manager, it has attracted a lot of interest in the intervening period.
The four noticeable trends in the rankings were:
Nine out of the top 20 most viewed funds were income-oriented. However, in a change from the norm, just four were UK equity income funds – usually a hot favourite among UK investors. The other five included three global income funds, a bond fund and an Asian income fund, suggesting investors are looking to diversify their income streams.
Sixteen out of the top 20 funds were investing either entirely or predominantly in developed markets, with just two Asian equity funds in the mix. This suggests that emerging markets are still very much out of favour, despite having a strong year in terms of performance.
Eight out of the top 20 funds were smaller companies or those with a bias towards small and medium-sized businesses. This suggests that investors are still keen to make the most of the potential growth opportunities this part of the market can offer.
Lastly, not a single fund in the top 20 had a value bias. The strategy has been out of favour for a number of years now and that trend shows no signs of abating – despite monetary policy seeming to changed direction in the US and the UK.
|1||LF Woodford Equity Income||Fund|
|3||Stewart Investors Asia Pacific Leaders||Fund|
|4||Marlborough Special Situations||Fund|
|5||Newton Global Income||Fund|
|6||Baillie Gifford Shin Nippon||Trust|
|7||F&C Global Smaller Companies||Trust|
|8||Invesco Perpetual Monthly Income Plus||Fund|
|9||Fidelity Enhanced Income||Fund|
|10||Jupiter Asian Income||Fund|
|11||Marlborough UK Micro-Cap Growth||Fund|
|12||Marlborough Multi Cap Income||Fund|
|13||Rathbone Global Opportunities||Fund|
|14||Baillie Gifford Global Discovery||Fund|
|15||Threadneedle UK Equity Income||Fund|
|16||Baillie Gifford Japanese||Fund|
|17||AXA Framington Global Technology||Fund|
|18||Liontrust Special Situations||Fund|
|19||Fidelity Global Dividend||Fund|
|20||Artemis Global Income||Fund|
*Source: Google Analytics, 1 Jan 2017 to 18 Dec 2017