Only three UK focused funds in the top ten
Funds with a global remit dominating the top slots
Japan proving a popular overseas market
1 | Fundsmith Equity |
2 | Lindsell Train Global Equity |
3 | Legg Mason Japan Equity |
4 | Polar Capital Global Technology |
5 | Lindsell Train UK Equity |
6 | Castlefield UK Buffettology |
7 | Standard Life Global Smaller Companies |
8 | Baillie Gifford Discovery |
9 | Old Mutual UK Mid Cap |
10 | Baillie Gifford Japanese Smaller Companies |
Ryan Hughes, head of active portfolios at AJ Bell, comments:
“Investors are continuing to look outside the UK for investment opportunities with the two most popular funds in May both focusing on high quality global businesses. Two specialist Japanese funds make the region the most popular overseas market where investors are looking to benefit from a highly supportive central bank and attractive company valuations. The UK continues to be out of favour, with economic growth stalling and Brexit lurking in the shadows.”