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Global and income trusts top popularity list | Trustnet Skip to the content

Global and income trusts top popularity list

20 June 2011

Neil Woodford’s Edinburgh Investment Trust continued to attract investors last month.

By Joshua Ausden,

Reporter, Financial Express

Six of the 10 most-viewed factsheets on the Association of Investment Companies (AIC) website in May were global focused, according to a recent study.

Five of the top-10 sit in the Global Growth sector, while Murray International – the most-viewed factsheet overall – represents the Global Growth & Income sector.

Investment trusts with an income theme also proved popular. Three of the most-viewed AIC members – Temple Bar, City of London, and Neil Woodford’s Edinburgh Investment Trust – come from the UK Growth & Income sector.

Top-10 most-viewed AIC members
 
Name
Sector
Murray International
Global Growth & Income
Scottish Mortgage
Global Growth 
Alliance Trust
Global Growth
Edinburgh Investment Trust
UK Growth & Income
British Empire Securities & General
Global Growth 
Templeton Emerging Markets
Global Emerging Markets
RIT Capital Partners
Global Growth 
Temple Bar
UK Growth & Income
City of London
UK Growth & Income
Bankers
Global Growth 

Source: Financial Express Analytics

Templeton Emerging Markets is the only investment trust in the top-10 that does not sit in income or global sectors.

This penchant for global products was also reflected in the most recent IMA sales figures, which found that IMA Global was the second-best selling sector in April.

Commenting on the study, Annabel Brodie-Smith, communications director for the AIC, said: "These figures illustrate the popularity of the Global and UK sectors with investors. It is also interesting to see that half of the most widely viewed members on our website are currently on premiums, with most of these having an income focus."

"In a low interest-rate, inflationary environment, investment companies with an income-orientated focus are clearly in demand," she added.

Of the sectors that appear in the 10 most-viewed list, Global Emerging Market Equities has returned the most over a three-year period, though it has been substantially more volatile than the other three sectors.

Performance of sectors over 3-yrs

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Source: Financial Express Analytics

Global Growth & Income has outperformed the Global Growth sector by nearly 3 per cent over this period, with a lower volatility.

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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.