Interactive Investor

Most-bought investments: July 2021

3rd August 2021 09:00

Myron Jobson from interactive investor

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We name the most-popular funds, trusts and shares on the interactive investor platform.

Asian-focused investment trusts staged a comeback on interactive investor, the UK’s second-largest DIY investment platform, in July.

Such portfolios failed to make the top 10 in June but secured three places at the top of the investment trust bestsellers table, with Vietnam Enterprise (LSE:VEIL) investment trust ranked highest in second position, Fidelity China Special Situations (LSE:FCSS) in seventh position and JPMorgan China Growth & Income (LSE:JCGI) in eighth.

Scottish Mortgage (LSE:SMT) remains at the helm, while Polar Capital Technology (LSE:PCT) (third position), City of London (LSE:CTY) (fourth position), Monks (LSE:MNKS) (fifth), Smithson (LSE:SSON) (sixth), Edinburgh Worldwide (LSE:EWI) (ninth) and Capital Gearing (LSE:CGT) (10th) retain a place on the list.

On the funds front, there were two new entries in July: Baillie Gifford Managed in eighth position and LF Blue Whale Growth in 10th replacing UK funds Marlborough Nano Cap Growth and MI Chelverton UK Equity Growth.

Funds by Vanguard had another strong showing in July, with four portfolios ranking in the top 10 with Vanguard LifeStrategy 80% Equity in third position, the 60% variant in fifth, the 10% equity option in seventh and Vanguard US Equity Index fund in ninth position.

Meanwhile, Scotland-based asset manager Baillie Gifford has three funds on the list: Baillie Gifford American (second position), Baillie Gifford Positive Change (fourth) and Baillie Gifford Managed (eighth).

Fundsmith Equity retains the number one spot and L&G Global Technology Index (sixth) completes the top 10.

Dzmitry Lipski, Head of Funds Research, interactive investor, says: “It has been a white-knuckle ride for Chinese stocks, following the China’s Communist government crackdown on the nation’s tech giants. The short-term volatility creates buying opportunities for the long term - and it is clear that a number of our customers subscribe to this school of thought.

“The long-term case for investing in China remains. The emerging middle class that powered economic growth in China is tipped to help the country out of the coronavirus malaise and fuel its transformation from an export-driven economy to one more focused on domestic consumption. The growth potential that this shift offers is considerable – but along the way, it can be very painful.

“More broadly, it has been a difficult period for investors, with inflationary pressures and the pandemic still weighing on global markets. For the most part, our customers continue to put their faith in portfolios with a strong track record of producing attractive returns over the long term.”

Keith Bowman, Equity Analyst, interactive investor, says: “Prospects for a recovery from the pandemic continue to feature high, with investors remaining focused on significantly hit stocks in the travel and entertainment arenas such as easyJet (LSE:EZJ) and Cineworld (LSE:CINE).

“Retail investor banking favourite Lloyds (LSE:LLOY) again features, underpinned by its exposure to the UK’s mortgage market, while investor’s hunger for income leaves both Vodafone (LSE:VOD) and BP (LSE:BP.) on the radar.

“Cryptocurrency play Argo Blockchain (LSE:ARB) stays in the mix, and online retailer and owner of many retailing brands, Boohoo (LSE:BOO, also makes the cut.”

Top 10 most-bought investments on interactive investor in July 2021

Position

Fund

Investment trust

Equity

1

FUNDSMITH EQUITY

SCOTTISH MORTGAGE

ROLLS ROYCE HLDGS

2

BAILLIE GIFFORD AMERICAN

VIETNAM ENTERPRISE

LLOYDS BANKING GP

3

VANGUARD LIFESTRATEGY 80% EQUITY

POLAR CAPITAL TECHNOLOGY TRUST

INTL CONS AIRLINE

4

BAILLIE GIFFORD POSITIVE CHANGE

CITY OF LONDON INV

BP

5

VANGUARD LIFESTRATEGY 60% EQUITY

MONKS INV TRUST

ARGO BLOCKCHAIN PL

6

LEGAL & GENERAL GLOBAL TECHNOLOGY INDEX TRUST

SMITHSON INV TRUST

EASYJET

7

VANGUARD LIFESTRATEGY 100% EQUITY

FIDELITY CHINA SPECIAL SITUATIONS

VODAFONE GROUP

8

BAILLIE GIFFORD MANAGED 

JPMORGAN CHINA GROWTH & INCOME

CINEWORLD GROUP

9

VANGUARD U.S. EQUITY INDEX

EDINBURGH WORLDWIDE

WISE PLC

10

LF BLUE WHALE GROWTH

CAPITAL GEARING TR

BOOHOO GROUP PLC

These articles are provided for information purposes only.  Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties.  The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.

Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.

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