Fundsmith Equity slips further down ii most bought list

Falls to fourth place

Elliot Gulliver-Needham
clock • 2 min read

Fundsmith Equity has slipped further down interactive investor's most-bought fund list, dropping to fourth place in December, although it remains the bestseller for 2023.

Royal London Short Money Market first took the top spot in October 2023, where it remains, while the £22.7bn Terry Smith fund has since been further overtaken by L&G Global Technology Index and Vanguard LifeStrategy 80% Equity. The top ten list now includes seven tracker funds, five of which are Vanguard's. Other than Fundsmith's drop, the top ten list remained unchanged from November. UK M&A fuelling 'relentless' de-equitisation drive Kyle Caldwell, collectives editor at interactive investor, said: "Although Fundsmith Equity has slipped down our fund bestsellers table since it wa...

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

Trustpilot