Funds to flip: Which funds should you be switching out of?

Canaccord’s Thomas reveals his funds to ditch and what should replace them

Mike Sheen
clock • 1 min read

Canaccord Genuity Wealth Management's Patrick Thomas has revealed his top three recommended funds to "flip" and their potential portfolio replacements, amid a "bumpy year" for equities.

Canaccord Genuity Wealth Management's Patrick Thomas has revealed his top three recommended funds to "flip" and their potential portfolio replacements, amid a "bumpy year" for equities. Here, Thomas identifies closed- and open-ended funds to switch out of, and three funds he is recommending to do well in more volatile markets. He said: "This year has been bumpy. After more than a year when there was no equity volatility to speak of, markets have resumed their normal fluctuations. "In times like this, most people would say you are better off staying with the funds you are already in...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: A dot-com lesson on diversification amid the AI boom

Partner Insight: A dot-com lesson on diversification amid the AI boom

Parallels between the dot-com bubble and today’s AI-driven market returns offer an important reminder about portfolio diversification.

Partner Insight: The Dividend Deluge

Partner Insight: The Dividend Deluge

Dividend investing has gained prominence, and it’s essential to navigate this golden period effectively.

Mark Peden, Investment Manager, Aegon Asset Management
clock 04 July 2024 • 6 min read
Partner Insight: Investing in a sustainable future goes beyond simply avoiding 'dirty' industries

Partner Insight: Investing in a sustainable future goes beyond simply avoiding 'dirty' industries

In this Q&A, Rory Sandilands, co-manager of the Aegon Global Short Dated Climate Transition, Aegon Absolute Return Bond and Aegon Investment Grade Bond strategies says recognising opportunity in companies positioned for a sustainable future requires a forward-looking inclusive framework that spans industries.

Sarka Halas
clock 02 July 2024 • 5 min read
Trustpilot