Top ten funds
July 2011
Source: The Share Centre

The Share Centre reveals the most bought open-ended funds by UK investors during July.

1. Legal & General UK Index fund
2. Aberdeen Emerging Markets fund
3. Jupiter India fund
4. Fidelity Japan Smaller Companies fund
5. Newton Asian Income fund
6. First State Global Agribusiness fund
7. Jupiter North American Income fund
8. Henderson Strategic Bond fund
9. Invesco Perpetual Monthly Income Plus fund
10. Jupiter Global Managed fund

The Share Centre view by advice team manager Andy Parsons:

'As expected, the Legal & General UK Index tracker fund sits at the top of our purchased funds list. This is because it is the default investment option for those who had their child trust fund voucher invested via The Share Centre and did not select their own fund.

'Despite many overseas markets continuing to show their volatile nature during global economic uncertainty, investors continue to express an appetite for overseas flavour through their fund purchasing habits.

'The second and third most popular funds are both emerging market focused. The Aberdeen Emerging Markets fund is one of the most popular for investors seeking all round exposure whilst the Jupiter India fund offers investors specific exposure to one region.

'The funds in fourth and fifth place both have an oriental feel - the Fidelity Japan Smaller Companies fund and the Newton Asian Income. The Fidelity fund is new to our top ten, whereas the Newton Asian Income fund has grown in popularity as investors appreciate the region can offer attractive income returns.

'The next three funds show a real diversity in investor appetite. In sixth place is the First State Global Agribusiness fund, showing that certain investors are wishing to benefit from certain aspects of the global food chain story.

'At number seven is the Jupiter North American Income fund and the appearance of the Henderson Strategic Bond fund at number eight demonstrates that those wishing to have debt exposure, prefer to access a fund that has a flexible investment mandate.

'The final two places within the top ten falls to the Invesco Perpetual Monthly Income Plus fund, managed by the highly respected trio of Paul Read, Paul Causer and Neil Woodford and the Jupiter Global Managed fund run by John Chatfeild-Roberts.'

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