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Cautious funds lead the way for FundsNetwork in 2008

The cautious managed sector was the most popular for investors in 2008 as they continued to run for cover from the market downturn, according to figures from Fidelity FundsNetwork.

Cautious funds led the way on the platform, closely followed by other defensively minded funds, such as income and cash offerings.

Fidelity FundsNetwork head David Dalton-Brown says: “The 2008 lists of best-selling funds provides surprises, but these are few and far between. In the main investors reduced their appetite for risk, looking for cash, cautious managed funds and, in the last quarter of the year, income products.”

Neil Woodford again topped the individual sales list through his Invesco Perpetual high income fund, closely followed by BlackRock UK absolute alpha in second place.

Rank Best Selling Funds through Fidelity FundsNetwork 2008
1 Invesco Perpetual High Income
2 BlackRock UK Absolute Alpha Fund
3 Fidelity Cash Fund
4 Jupiter Merlin Income Portfolio
5 Fidelity FundsNetwork ISA Cash Park
6 Invesco Perpetual Corporate Bond
7 Invesco Perpetual Monthly Income Plus
8 Invesco Perpetual Income
9 JPM Natural Resources Fund
10 M&G Recovery Fund

Rank Best Selling IMA categories though Fidelity
FundsNetwork 2008
1 Cautious Managed
2 Specialist
3 UK All Companies
4 UK Equity Income
5 Asia Pacific Excluding Japan
6 Global Growth
7 UK Other Bond
8 Balanced Managed
9 Europe Excluding UK
10 UK Gilt


In search of value? Banks and the sectors leading Europe’s recovery

By Rob Burnett, head of European equities, Neptune  After nine years of underperformance versus quality growth, Rob Burnett, manager of the Neptune European Opportunities Fund, believes that value strategies have reached an inflection point. Watch Rob discuss why he believes value is well positioned to resume its historical trend of outperformance. Click here to watch […]


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