There were only two new additions to the list of bestselling trusts in March – City of London and JP Morgan European Growth & Income.

“One of those new entries, City of London, is no stranger to the top 10,” said Kyle Caldwell, funds and investment education editor at Interactive Investor. “It is managed by veteran fund manager Job Curtis, and this ‘Steady Eddie’ investment trust is a reliable dividend payer, having increased payouts each year since 1966.”

The City of London trust primarily holds FTSE 100 companies.

“In contrast, the other new entry, JP Morgan European Growth & Income, has never appeared in the top 10 since we started compiling the rankings in 2018,” Caldwell said.

The JP Morgan trust invests in Europe and, as Caldwell points out, the region has had a good year so far in 2025. Many European companies look cheap, compared to their US counterparts. Some investors have been switching from one market to the other in light of recent volatility in the US.

Bestselling trusts in March

  1. Scottish Mortgage
  2. Greencoat UK Wind
  3. JP Morgan Global Growth & Income
  4. Alliance Witan
  5. City of London
  6. F&C Investment Trust
  7. Allianz Technology
  8. JP Morgan European Growth & Income
  9. 3i Group
  10. The Renewables Infrastructure Group

Source: Interactive Investor.