Cautious Managed keeps top spot

The Cautious Managed sector is top of the Cofunds chart for the second consecutive month - accounting for three of the top five best selling funds in October.

The sector boasts an impressive 16% of all new business on Cofunds, with 22% of net sales, continuing its recent strong showing. Henderson MM Income & Growth fund, Thames River Distribution and Thames River Cautious Managed represent the sector in the top five. The Aviva Investors Property Trust also scraped into the top 20, as property gains favour with advisers, taking 5% of net sales and becoming the seventh highest selling sector on the platform. Meanwhile, corporate bonds continued their strong showing, retaining their second-highest place and accounting for 15% of new busines...