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Bestinvest’s top 10 most popular funds of 2022

2022 was a year of turmoil with war in Europe, rampant inflation, ever-more frightening extreme weather events and a chaotic hop-on, hop-off service for UK prime ministers and chancellors. Against this backdrop, which investments did Bestinvest clients turn to in search of growth and stability? Here we reveal the top 10 funds bought in 2022.

Published on 21 Dec 20227 minute read

Written by David Craik

Please read the Important information below and make sure you understand the risks before making any investments.

1. Fundsmith Equity

Top of the tree this year with Bestinvest clients is this well-known fund led by star manager Terry Smith. It looks for a small number of high-growth global firms and keeps holding them through thick and thin.

  • Manager – Terry Smith
  • Holdings – Typically between 20 and 30 stocks including Microsoft and L’Oreal
  • Fund lowdown – Smith aims for long-term capital growth by investing in high-quality, resilient, global growth companies. His criteria when picking stocks includes finding those that sustain a high return on operating capital and have business models that are hard to replicate. This is a ‘buy and hold’ strategy with Smith looking to remain patient during both strong and tough market periods. Like all of us, he’s certainly been tested this year!

See the fund

2. Evelyn Growth Portfolio

An actively managed fund for growth investors with a moderate risk appetite.

  • Manager – Anton French, Evelyn Partners
  • Holdings – Top holdings include Guardcap Global Equity and GQG Partners US Equity Fund
  • Fund lowdown – This is one of our Bestinvest Ready-made Portfolios. It aims to deliver long-term growth by investing around two-thirds of its portfolio in shares. These are mainly larger companies in developed markets, but it also has exposure to smaller firms and emerging markets. It is also invested in bonds, commercial property, gold, and absolute return funds to reduce stock market risk and potentially generate growth

See the fund

3. Evelyn Adventurous Portfolio

An actively managed fund for those investors gunning for growth.

  • Manager – Anton French. Evelyn Partners
  • Holdings – Top holdings include Morgan Stanley Global Brands Fund and the Invesco Physical Gold ETC
  • Fund lowdown – Another of our Ready-made Portfolios, this aims to deliver long-term capital growth by following an ‘adventurous’ strategy. This means it has a large exposure to shares, mainly large companies based in developed markets, but also some smaller and emerging markets firms. Around a quarter of the portfolio is diversified across bonds, commercial property, and other investment strategies

See the fund

4. Scottish Mortgage Investment Trust

It has very little to do with either Scotland or mortgages, but it does promise to spot a ‘braw’ global growth stock.

  • Manager – Tom Slater
  • Holdings – Top holdings include Space Exploration Technologies and Moderna
  • Fund lowdown – This investment trust aims to beat the FTSE All-World Index by investing in both global quoted and unquoted growth companies. The management team looks to identify exceptional, high-growth, disruptive businesses in a wide range of sectors such as transformational healthcare, energy transition and for the peckish, the future of food. They look to hold stocks for many years to take full advantage of their growth

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5. IFSL Marlborough US Multi-Cap Income

Actively managed income fund seeking out juicy dividends from some of the biggest US companies.

  • Manager – Brad Weafer
  • Holdings – Largest holdings include Lockheed Martin and Mastercard
  • Fund lowdown – The fund aims to achieve an increasing level of income through company dividends with the potential for some capital growth into the bargain. At least 80% of the fund is invested in the shares of mainly large-cap companies either listed in the US or domiciled there. The management team, which takes an active approach, may also invest in investment grade bonds issued by companies and governments

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6. SVS Sanlam Global Gold & Resources B

Gold continues to glitter in the economic gloom

  • Manager – Stephen Bonnyman
  • Holdings – Barrick Gold, Newmont Corporation
  • Fund lowdown – This fund aims to deliver capital growth by mainly investing in shares of gold mining, precious metal-related and resources-based companies. The management team may also invest in gold bullion shares

See the fund

7. Evelyn Maximum Growth Portfolio

If you’re happy to take the risk, then it is still possible to unearth some stellar investment opportunities during these tough times.

  • Manager – Anton French, Evelyn Partners
  • Holdings – Brown Advisory Global Leaders, Loomis Trust Global Growth Equity Fund
  • Fund lowdown – Another of the Bestinvest Ready-made Portfolios. This one aims to deliver high growth over the long term by investing in UK and global stock markets, fixed income, property, and commodities. Its portfolio is the most adventurous of the Ready-made Portfolios as it invests mainly in shares with substantial exposure to smaller companies and emerging markets. This higher-risk approach can potentially lead to higher returns

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8. HSBC American Index Fund

If you’re struggling to find some razzle-dazzle in the US stock market, this passive approach to large-cap investing could be just the ticket.

  • Manager – HSBC Global Asset Management
  • Holdings – S&P 500 Index including US corporate titans Apple and Tesla
  • Fund lowdown – This tracker fund aims to deliver long-term capital growth by matching the performance of the S&P 500 Index. This contains the 500 largest US equities by market value

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9. Jupiter Gold & Silver Fund

An actively managed approach to gold and silver investing in both good times and bad

  • Manager – Ned Naylor-Leyland
  • Holdings – Around 45 holdings including Agnico Eagle Mines and Sprott Physical Gold Trust
  • Fund lowdown – The fund aims to achieve a total return by investing in both listed equities as well as gold and silver bullion. By doing so it aims to generate a return from the bullion when gold and silver prices are rising but also from the mining company shares as these tend to climb, and fall, more than the metal price itself. The fund is actively managed so the team can respond quickly to changing market and economic conditions

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10. Charteris Gold & Precious Metals

Gold is traditionally considered a ‘flight to safety’ investment during times of stock market volatility and rising inflation.

  • Manager – Ian Williams
  • Holdings – Typically between 20 and 50 companies including Wheaton Precious Metals and Fresnillo
  • Fund lowdown – The management team looks to deliver capital growth by investing mainly in ‘blue chip’ gold and precious metal mining companies with a market value of over $500 million. They target companies with proven and profitable reserves of metals such as gold and silver as well as platinum and palladium which is used in catalytic converters. One of the strengths of this fund is that the same investment team has been in place since launch in 2010

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How to invest in these funds and more with Bestinvest

All these funds – plus 1000s more funds and shares – can be bought in our Stocks & Shares ISA, Junior ISA, SIPP or Investment Account.

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Important information

By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.

The value of an investment may go down as well as up and you may get back less than you originally invested.

Past performance is not a guide to future performance.

Bonds issued by major governments and companies will be more stable than those issued by emerging markets or smaller corporate issuers; in the event of an issuer experiencing financial difficulty, there may be a risk to some or all of the capital invested. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.This is not advice to invest.

Funds may carry different levels of risk depending on the industry sector(s) in which they invest.  You should ensure that you understand the nature of any fund before you invest in it. Funds which invest in specific sectors may carry more risk than those spread across a number of different sectors.  In particular, gold, technology and other focused funds can suffer as the underlying stocks can be more volatile and less liquid.

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