Mixed asset funds favoured as FundsNetwork investors remain risk-averse

March sales figures revealed

Mixed investments dominated fund sales through Fidelity FundsNetwork in March as investors continue to favour more risk-averse assets.

IA Mixed Investment 40-85% was the leading sector for the second month in a row, followed by Volatility Managed and Mixed Investment 20-60%. The IA Global sector climbed to fourth place with Europe ex UK in fifth position for the second month. At fund level, CF Lindsell Train UK Equity and Fundsmith Equity were first and second by adviser sales respectively, and maintained those top two spots according to ISA sales, yet in reverse order. Strategic bond sector tops FundsNetwork's sales charts for January Paul Richards, head of sales at FundsNetwork, said: "March's data indicates ...