View more on these topics

Woodford fund tops list of best-selling Isas


CF Woodford Equity Income has topped the best selling funds within Isas from the Bestinvest online investment service this year.

Tilney Bestinvest Growth Portfolio and Fundsmith Equity came in second and third, while Threadneedle rounded out the top five with its UK Equity Income  and European select funds.

The rankings come against a backdrop of market volatility and investor uncertainty in the lead up to the UK’s Brexit referendum.

With this in mind, investors stuck with proven managers, such as Neil Woodford and Terry Smith, while income funds also proved popular.

CF Woodford Equity Income has ballooned to £8.28bn since Woodford launched it less than two years ago, following his departure from Invesco Perpetual.

It continues to have high exposure to tobacco (Imperial Brands, British American Tobacco and Reynolds American) and healthcare (AstraZeneca, GlaxoSmithKline and Roche).

Only one index tracker came up in the top 10 – the HSBC American Index fund at eighth place, which has a low ongoing charges figure of 0.08 per cent.

Standard Life’s Global Absolute Return Strategies fund remains popular totalling £26.2bn. This is despite it maintaining a negative rating from Fundhouse, announced last week, whereby the ratings agency criticised it for not having a diversified set of returns.



Neil Woodford: Dividend risk is here to stay

From an equity investment perspective, the world looked a risky place as we entered 2016 and these risks have already weighed heavily on financial markets in the first few weeks of the year. January’s extreme weakness persisted until the middle of February, before stocks staged a tentative and lopsided recovery. As has so often been […]


Woodford-backed challenger bank launches

Atom Bank, the challenger bank backed by Neil Woodford, has launched after being granted its banking licence. The branch-fee bank has launched its banking app, nine months after getting its banking licence. The challenger bank had originally planned to launch in 2015. The app is available to all pre-registered customers on iPads and iPhones, with an […]


Woodford to stop charging investors for research costs

Woodford Investment Management is to stop charging investors for the cost of research and will instead the pay the fees in-house. The Sunday Times reports from this month the CF Woodford Equity Income fund will reduce its fees so that the fund management firm will meet the costs of research rather than the clients. Research […]

Woodford halts fundraising amid market uncertainty

Woodford Patient Capital has suspending its fundraising, announced in January, amid continued uncertainty and lower liquidity in markets. In its annual results, published today, the chair of the trust Susan Searle says: “With the continuing uncertainty prevailing in markets, now is not an appropriate time to raise capital. The board will, however, monitor the situation and […]

Parental leave and pensions

Fiona Hanrahan  – Senior Product Insight and Technical Support Analyst We are often asked how parental leave impacts workplace pension schemes in terms of funding in general, auto enrolment and salary exchange. This article will explain each of these. How does parental leave impact the funding of workplace pension schemes? A member of a defined […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm