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FundsNetwork top ten shows adviser caution in 2005

FundsNetwork has revealed its top ten selling funds for the platform in 2005 and its top-selling sectors.

The best selling two funds were the Invesco Perpetual high income and Invesco Perpetual corporate bond funds, followed by Fidelity’s special situations fund.

The UK all companies sector lost its position as best-selling sector for 2003 and 2004 to the UK equity income sector which moved into top place. UK funds made up the top four sectors of the platform’s rankings despite strong outperformance from Japanese and emerging markets equities in 2005.

Head of FundsNetwork David Dalton-Brown says: “Results from our analysis demonstrate that there was an air of caution among advisers last year.”

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