Investments  

Bestinvest names top fund picks

Bestinvest names top fund picks

Bestinvest has named the funds on its annual buy list, including eleven new entrants to the list. 

The platform, which is part of Tilney Smith & Williamson, has published ‘The Best Funds’ list, which lists 119 investments, including Oeics, exchange-traded funds, and investment trusts.

There are eleven new funds on the list, including Artermis’s Corporate Bond Fund and UK Select Fund.

IShares has three funds newly appearing on the list, the Core MSCI Japan IMI ETF, the FTSE 250 ETF and the iShares UK Property ETF.

Vanguard’s FTSE All-World Ucits ETF and Jupiter’s UK Specialist Equity Fund have also taken up a place on the list since February.

At the same time a number of funds that appeared on the last list haven’t been selected this time around. These include Civitas Social Housing, Trojan Income Fund, HSBC’s FTSE 250 Index and the Liontrust Special Situations fund.

Sector

Top Funds

   

UK Equities - Growth

Jupiter UK Special Situations

Liontrust UK Growth

  

UK Equities - Income

Threadneedle UK Equity Income

TB Evenlode Income

  

Target Absolute Return and Multi-Asset

Ninety One Diversified Income

JPM Global Macro Opportunities

Trojan Fund

 

Fixed Income

TwentyFour Absolute Return Credit

Janus Henderson Strategic Bond

  

Europe

TM CRUX European Special Situations

BlackRock Continental European Income

BlackRock European Dynamic

 

Japan

LF Morant Wright Nippon Yield

Baillie Gifford Japanese

  

Global Emerging Markets and Asia Pacific

Schroder ISF Asian Total Return

Stewart Investors Asia Pacific Sustainability 

Aubrey Global Emerging Markets Opportunities

FSSA Asia Focus

North America

Findlay Park American

Dodge & Cox Worldwide US Stock

Loomis Sayles US Equity Leaders

 

Global

Loomis Sayles Global Growth Equity

Fundsmith Equity

Fidelity Global Dividend

 

Ethical and Sustainable

Brown Advisory US Sustainable Growth

BMO Responsible Global Equity

Liontrust UK Ethical

 

Real Assets

Lazard Global Listed Infrastructure Equity

International Public Partnerships

  

Funds are selected on the basis of ten “commandments”, that include managers who are not “constrained by hugging benchmarks”, have a clearly defined approach, personally invest in their own funds and who are willing to limit the size of their funds if this starts to hamper the way it is managed.

Jason Hollands, managing director at Bestinvest, said the extensive choice of options available can be “bewildering”, warning it was easy to fall into the trap of investing in whatever funds are being “heavily marketed” or by relying on the fund’s past performance.

“The trouble with this approach is that a fund’s past performance may have been achieved under a different manager from the one at the helm today, or succeeded under a very different set of circumstances, which may be less relevant in the years ahead,” he said.

“We have produced The Best Funds List to help self-directed investors navigate this maze. 

“The list shares the top fund ideas that our investment management colleagues have identified in each sector, based on their research, including meeting the fund managers, digging beneath the bonnet to understand their investment approaches and giving important consideration to factors like fund size and liquidity.” 

The list is broken down into 12 sectors within which the firm's 300-strong investment team have selected their top two to three funds, as well as a number of fund tables.

Around 89 actively-managed funds and investment companies appear on the list, out of a total of around 4,000 funds on sale in the UK, as well as over 300 investment companies.

sally.hickey@ft.com