Endorsed funds down to 77 in HL Wealth 150 report

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Endorsed funds down to 77 in HL Wealth 150 report

Bristol-based Hargreaves Landsdown has published its Wealth 150 fund report - but the number of funds on the list of recommended investments is now at 77.

According to data, the number of recommended funds on the Wealth 150 has fallen from 85 at the beginning of 2015 to 77 now.

Laith Khalaf, analyst for Hargreaves Lansdown, said: “The number of funds on the Wealth 150 actually fell to its lowest level ever in June of this year, at which point there were only 76 funds on the list.

“Despite the thousands of funds available to retail investors we only have conviction in a small proportion of these funds, which constitute the Wealth 150.

“There is never any guarantee of future returns, but if you can invest your portfolio with fund managers who have proven their abilities over the long term, then you stand a good chance of beating the market and significantly increasing your wealth.”

Performance has been strongest in the UK Smaller Companies sector according to the latest report, with performance in this area driven by veteran fund managers such as Giles Hargreave of Marlborough UK Micro Cap Growth fund; and Harry Nimmo, who runs the Standard Life UK Smaller Companies.


The Wealth 150 has been a fixture since 2003, with 10 comparable sectors represented on the list. The Wealth 150 funds have outperformed in nine of these 10 sectors.

Low management charges and minimum of a seven-year track record are criteria used by Hargreaves Landsdown to analyse a manager’s performance across the market cycle.