Specialist sector sales down to zero on Cofunds

Investments into Specialist sector funds on the Cofunds platform were down to zero by the end of Nove...

Investments into Specialist sector funds on the Cofunds platform were down to zero by the end of November, just another example of the flight from property. For the first six months of the year the funds in this sector were the best-selling, especially New Star International Property, but net sales were reported as zero by the end of the last month. Investors are now keen to protect their assets in a slower economic environment with the Cautious Managed sector being the most popular, taking 29.5% of net sales throughout 2007. The second and third best selling funds for the year were si...