Source: FE Fundinfo
Despite the demotions, Liontrust still had the second highest number of top ranking funds at 13, representing nearly a quarter of its 58-strong fund range. It was tied with Blackrock and ahead of Fidelity’s 12 five-crown funds.
Meanwhile Baillie Gifford fell all the way from second to seventh place in the latest rebalance, with nine funds achieving the five-crown rating, putting it behind Jupiter with 10 funds.
Abrdn, which finished third in the January report, was up at the top of the table this time around with 16 five-crown funds in total.
Sustainable funds lead the charge
Once again sustainable funds continued to dominate the top performers in the latest review. Many of the new entrants to the five-crown club had a sustainable bent, including the BNY Mellon Sustainable Global Equity fund and Jupiter Global Sustainable Equities fund.
Argo Blockchain PLC, Lloyds Banking Group PLC, Gamestop Corp, Tesla Inc and NIO Inc among UK investors top share purchases in 2021
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Argo Blockchain PLC, Lloyds Banking Group PLC, Gamestop Corp, Tesla Inc and NIO Inc among UK investors top share purchases in 2021
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Investing can offer a bumpy ride and is only for the long term
Savers under 30 years old will have many claims on their money. Saving for the future can sometimes get relegated behind the immediate demands on their cash, but is vitally important.
In this series, we will look at how young savers with this focus on the future can put their money to work. We will examine the options for those with various starting pots, whether they are built through saving from an early career or by other means, such as inheritance from grandparents.
In this first part, we focus on how savers with £10,000 can hope to grow that pot to £50,000.