Property fastest grower on Cofunds in January

The Cautious Managed sector held on to its dominant sales position on Cofunds for January, but property continued to be the fastest-growing sector.

Cautious Managed accounted for almost a third of net sales but property increased at the fastest rate to grab a 9% share. Corporate Bond was the second biggest seller.  Two property funds, M&G Property Portfolio and SWIP Property, featured in the top 20 selling funds and a further two made it into the top 50. "It continues to be a positive story for the Property sector which accounted for almost 9%, a great result for a sector that is traditionally a non core holding," says Michelle Woodburn, Cofunds business development manager - fund managers. Despite Cautious Managed holding ont...