Cautious Managed tops FundsNetwork ISA chart

Cautious Managed was the top-selling sector for ISA investors using FundsNetwork in May, reflecting ongoing market uncertainty.

The second best selling ISA sector was UK Money Market followed by UK All Companies. FundsNetwork's ISA Cash Park was the best-selling ISA fund, with Invesco Perpetual High Income and Jupiter Merlin Income Portfolio in second and third place respectively. Outside of an ISA, investor confidence in UK equities appears to be returning, with 12.89% investing in the UK All Companies sector which led the non-ISA best seller list. FundsNetwork head of UK fund partners Ed Dymott (pictured) says although investors are still using the ISA cash park, equity income vehicles are likely to grow ...