Most-popular funds, trusts and shares in the 2018/19 tax year

by Jemma Jackson from interactive investor |

We reveal what investors were buying on the interactive investor platform in the year to 5 April 2019.

The 2018/2019 tax year saw investors sticking with the big names when it came to funds. Fundsmith Equity took the interactive investor ISA crown as the most-bought fund, followed by Lindsell Train Global Equity.

It was a similar story in the investment trust sector, with industry stalwarts Scottish Mortgage (LSE:SMT) and City of London (LSE:CTY) in first and second place, although standing out from the crowd in third position was a technology trust, Allianz Technology Trust (LSE:ATT)

Illustrating further Nick Train's Midas touch, Finsbury Growth & Income (LSE:FGT) was the fourth most-bought investment trust (as well as managing Finsbury Growth & Income, Train is also co-manager of Lindsell Train Global Equity). 

The most-bought UK stocks featured usual suspects, Lloyds Banking Group (LSE:LLOY), Vodafone (LSE:VOD) and BP (LSE:BP.), while the most-bought international shares showed that investors' love affair with technology is far from over: four of the five FAANG stocks featured in the top five. 

Moira O'Neill, Head of Personal Finance, interactive investor, says: "The 2018/19 ISA top picks show a strong element of investors sticking with solid, tried and tested names and brands. 

"Among funds and investment trusts, it is those with a clear, well communicated strategy, combined with strong long-term performance, that time and again attract the greatest share of the pie. This is equally the case when it comes to exchange traded products, where Vanguard accounts for four out of the top five. They make it look so easy, but with the same names appearing time and again, many would like to know the secret. 

"There's an interesting juxtaposition when it comes to direct shares. For UK shares, investors are tending to stick to household names with attractive yields, whereas when it comes to international shares, they are going for tech heavy, but dividend-lite household names." 

Dzmitry Lipski, Investment Analyst, interactive investor, says: "When it comes to funds and trusts, active high conviction managers are dominating investor selections, with the exception of one passive fund - the Vanguard LifeStrategy 80% Equity Fund

"Among fund picks, the most popular funds tend to have a global theme, but investment trust top picks have an equal split between global and UK Funds. This is arguably a vote of confidence in the pedigree of the UK trusts and managers. City of London Investment Trust is a jewel in the crown of the investment trust sector and has raised its dividend each year for over half a century. Combining consistent long-term outperformance with a capital preservation mindset, manager Job Curtis has managed the fund for longer than ISAs have even been in existence – an impressive 27 years. 

"We also rate Finsbury Growth & Income highly, and manager Nick Train also has a long track record with this trust – he is in his nineteenth year and has served shareholders well."

 

Funds

Rank Stock Name
1 FUNDSMITH EQUITY
2 LINDSELL TRAIN GLOBAL EQUITY
3 VANGUARD LIFESTRATEGY 80 PERCENT EQUITY
4 BAILLIE GIFFORD AMERICAN
5 BAILLIE GIFFORD GBL DISCOVERY

Investment trusts

Rank Stock Name
1 SCOTTISH MORTGAGE INV TRUST
2 CITY OF LONDON INVESTMENT TRUST
3 ALLIANZ TECHNOLOGY TRUST PLC
4 FINSBURY GROWTH & INCOME TRUST
5 F&C INVESTMENT TRUST PLC

UK Equity

Rank Stock Name
1 LLOYDS BANKING GROUP
2 VODAFONE GROUP
3 SIRIUS MINERALS
4 BP
5 UK OIL & GAS PLC

International Equity

Rank Stock Name
1 AMAZON COM INC
2 APPLE INC
3 TESLA INC
4 FACEBOOK INC
5 NETFLIX INC

ETPs

Rank Stock Name
1 ISHARES CORE FTSE100 UCITS ETF GBP
2 VANGUARD FUNDS PLC S&P 500 UCITS ETF USD DIS
3 VANGUARD FUNDS PLC FTSE 100 UCITS ETF GBP DIS
4 VANGUARD FUNDS PLC FTSE ALL-WORLD UCITS ETF US
5 VANGUARD FUNDS PLC FTSE 250 UCITS ETF GBP DIS

Source: interactive investor

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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