New data from TD Direct Investing reveals the top funds that are particularly popular amongst ISA investors. As of mid-February, the three most popular funds held inside TD Trading’s stocks and shares ISA accounts were:
All of these funds have Morningstar’s highest stamp of approval, each bearing a Gold rating, indicating that Morningstar analysts believe these funds will outperform their benchmark and/or peers on a risk-adjusted basis.
Blackrock’s Gold & General Fund has been the most popular ISA holding amongst TD customers for the past four years. Its popularity can be attributed to the rise in the value of gold, which is seen as a safe haven during market downturns.
Meanwhile, the other seven most popular funds amongst TD Direct customers are:
First State Greater China Growth
First State Asia Pacific Leaders
First State Indian Subcontinent
“We have seen a radical shake up in the composition of our customers’ top ten ISA holdings this year,” says Stuart Welch, CEO at TD Direct Investing. “The UK and Europe [are] more prevalent than last year’s favourite: the emerging markets’ fund. The indexes, such as the FTSE, have been growing steadily this year despite the turbulent economic backdrop and our customer’s may be hopeful for the long-term prospects of the UK and European markets.”
TD Direct Investing is one of the UK’s leading brokers, servicing approximately 200,000 UK customers with roughly £3.8 billion in customer assets under management.