These were the most-bought active and passive funds on Interactive Investor during September:
| Header Cell – Column 0 | Active Open-Ended Fund | Index Fund or ETF |
|---|---|---|
| 1 | Royal London Short Term Money Market Fund | Acc | iShares Physical Gold |
| 2 | Artemis Global Income | Acc | Vanguard LifeStrategy 80% Equity |
| 3 | Ranmore Global Equity Institutional | L&G Global Technology Index Trust |
| 4 | Jupiter Gold & Silver | Vanguard S&P 500 UCITS ETF | Acc |
| 5 | Royal London Short Term Money Market Fund | Dis | Vanguard S&P 500 UCITS ETF | Dis |
| 6 | Orbis OEIC Global Balanced | HSBC FTSE All World Index |
| 7 | Artemis Global Income | Dis | Vanguard Global All Cap Index |
| 8 | Artemis SmartGARP European Equity | iShares Physical Silver |
| 9 | Ninety One Global Gold | Vanguard LifeStrategy 100% Equity |
| 10 | Vanguard Sterling Short-Term Money Market | Vanguard LifeStrategy 60% Equity |
Source: Interactive Investor.
The gold rush is especially noticeable in the top funds and ETFs list, with iShares Physical Gold ETC (LON:SGLN) jumping from third to first place in the list of top passive funds and Jupiter Gold and Silver Fund jumping from sixth to fourth.
“In September, a key trend was increased demand for precious metals,” said Caldwell. “There were two new entries: Ninety One Global Gold and iShares Physical Silver (LON:SSLN).”
September’s top investment trusts for DIY investors
These were the most-bought investment trusts among DIY investors on Interactive Investor during September:
| Header Cell – Column | Investment Trust |
|---|---|
| 1 | Scottish Mortgage |
| 2 | Greencoat UK Wind |
| 3 | City of London |
| 4 | Polar Capital Technology |
| 5 | Temple Bar |
| 6 | Fidelity China Special Situations |
| 7 | JPMorgan Global Growth & Income |
| 8 | F&C Investment Trust |
| 9 | International Public Partnership |
| 10 | Murray International |
Source: Interactive Investor.
Technology investment trusts like Polar Capital Technology and Scottish Mortgage (LON:SMT) remain popular choices, but there are signs that DIY investors are looking less exclusively at growth-oriented investment trusts.
“Another trend gaining greater prominence is investors turning to funds that have a value style,” said Caldwell. Murray International (LON:MYI) is a new entrant to the table that reflects this value focus.
“This suggests that some investors are seeking greater diversification in their portfolios, perhaps mindful of the concentration risk attached to the US stock market,” said Caldwell.
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