The funds that made and lost the most money in 2023
Some funds were flooded with fresh cash last year, while the likes of Fundsmith Equity and Liontrust Special Situations lost billions
Some funds were flooded with fresh cash last year, while the likes of Fundsmith Equity and Liontrust Special Situations lost billions
City of London becomes most purchased investment trust while Royal London Short Term Money Market leads for funds
US-based cybersecurity firm has been added to the 27-stock fund
But Royal London was hit hardest as investors pulled over £4bn from active strategies in March
Seven retentions and three upgrades in firm’s latest academy ratings roundup
It was the second biggest performance drag last year
Per usual, his annual letter to shareholders pulls few punches
Terry Smith’s equity fund was the only actively-managed strategy in the 10 most-bought Interactive Investor funds
The initial distribution date has been tentatively set for ‘on or about 18 December’
Global equity category has fallen on hard times with even sector darlings Fundsmith Equity and Lindsell Train Global Equity down on their luck
Follows ejections of Becton Dickinson and Johnson & Johnson
But it is already one of the equity fund’s worst performers