Where did our clients invest in May?
The following 10 funds were the most popular amongst Bestinvest clients during May 2018.
Published on 06 Jun 20184 minute read
Written by Jason Hollands
Terry Smith’s Fundsmith Equity fund has held on to our coveted top spot for the whole of 2018 so far. His approach of investing in large multinational companies has once again proved to be extremely popular with Bestinvest clients.
This portfolio was the highest new entry for May and, as the name suggests, aims to deliver growth on investments. Around two-thirds of the portfolio is invested in shares, including exposure to smaller companies, emerging markets and Asia.
Another one of our Ready-made Portfolios made it into the top 10 last month. This portfolio aims to grow the value of your investments through an adventurous strategy, with a large exposure to shares in both smaller companies and overseas markets, also including emerging markets and Asia.
Moving up one place from April, Anthony Cross and Julian Fosh’s fund targets long-term capital growth from a relatively concentrated portfolio of UK equities. It includes companies of all sizes, but has a bias towards mid and small-caps.
Benefiting from the highly experienced management duo of Michael Lindsell and Nick Train, this fund targets capital and income growth from a concentrated portfolio of equities. This portfolio mostly consists of larger companies. Historically, it has carried an overweight towards Japan.
Sliding down three places from April, this fund consistently appears in our list of best-sellers. It tracks the S&P 500, an index of large-cap US equities, and aims to match the index's performance by fully replicating its stocks.
Also moving down three places, fund manager Nick Price only includes companies in strong financial positions that have the potential to grow their earnings within the Fidelity Emerging Markets fund. After this careful analysis, he isn’t afraid to make punchy investments, making this fund a popular choice.
Managed by Jacob de Tusch-Lec, this fund aims to achieve a rising income and capital growth through investment in global equities. The fund manager combines a top-down view with bottom-up stock selection and diversifies his portfolio across core, growth and special situations stocks.
This fund’s objective is to grow capital by investing in primarily large-cap companies in the Asia Pacific region (excluding Japan). Manager David Gait invests from the bottom up with an absolute return mindset and without any benchmark constraints. He favours high-quality companies which are cash generative and have strong balance sheets.
Remaining just inside the top 10, Dave Dudding and Mark Nichols’s fund was a non-mover during May. A consistently popular choice with Bestinvest clients, this fund seeks out companies with strong brands that are less sensitive to price-based competition and invests heavily in firms such as brewer Anheuser-Busch InBev and beverage company Pernod Ricard.
Still need inspiration for your investments?
If you’re still uncertain which funds to invest in, why not download the guide to our top-rated funds? It features a list of every fund that is currently rated 3 or more stars by our research team and includes all our best ideas from around the globe.
We aim to provide investors with information to help them make their own investment decisions although this should not be construed as advice or an investment recommendation. If you are unsure about the suitability of an investment or if you need advice on your specific requirements, we strongly suggest that you consider professional financial advice.
The value of investments, and the income derived from them, can go down as well as up and you can get back less than you originally invested. Different funds carry varying levels of risk depending on the geographical region and industry sector in which they invest. You should make yourself aware of these specific risks prior to investing. Underlying investments in emerging markets are generally less well-regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could both increase or decrease. These investments therefore carry more risk. Due to their nature, specialist funds can be subject to specific sector risks. Investors should ensure they read all relevant information in order to understand the nature of such investments and the specific risks involved. Shares in smaller companies can be more volatile and less liquid than those in larger companies, so funds investing in smaller companies can carry more risk.