Mixed investments most popular in July, says Cofunds
20th August 2013 15:32
by Tanzeel Akhtar from interactive investor
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Investment platform provider Cofunds reports mixed investment 20-60% shares remained the most popular retail sector in July.
The sector took top spot after accounting for 205% of the proportion of net sales.
Targeted absolute return made up 94% and the property sector 67% of net sales, taking second and third positions respectively.
Graham Venn, head of commercial at Cofunds, says: "The requirement of mixed investment 20-60% shares to hold a mix of equities, fixed income and cash make this a popular sector for investors who want to spread and manage risk.
"With investors remaining cautious it's no surprise that this sector has remained at the top of the leaderboard for seven consecutive months. In addition, we saw the property and targeted absolute return sectors move up the table in July."
| IMA sector | July net sales | |
| 1 | Mixed Investment 20-60% Shares | 204.48% |
| 2 | Targeted Absolute Return | 94.20% |
| 3 | Property | 66.82% |
| 4 | Global Equity Income | 65.99% |
| 5 | North America | 49.12% |
| 6 | Unclassified | 32.42% |
| 7 | Mixed Investment 40-85% Shares | 29.77% |
| 8 | Mixed Investment 0-35% Shares | 21.81% |
| 9 | Japan | 20.46% |
| 10 | Asia Pacific Excluding Japan | 7.64% |
| 11 | Flexible Investment | 5.95% |
| 12 | European Collective Investment Vehicles | 5.31% |
| 13 | North American Smaller Companies | 4.86% |
| 14 | Global | 3.95% |
| 15 | UK Corporate Bond | 3.33% |
| 16 | Global Bonds | 2.17% |
| 17 | Global Emerging Markets | 1.76% |
| 18 | Asia Pacific Including Japan | 1.69% |
| 19 | UK Equity & Bond Income | 1.64% |
| 20 | Europe Including UK | 1.33% |