First 50 Funds update: One third of Britain's best-performing funds are core funds

October 7, 2016 | 4years | Investment News

Nine of the UK’s 25 best-performing funds – and three of Moneywise’s top 50 First Funds for beginner investors – are “core funds”, according to new research from TD Direct Investing.

A core fund can be described as being “solid”. It will usually consist of a well-diversified collection of stable, proven companies that are likely to grow at a steady pace.

These funds are often used as foundation in portfolios. In contrast, individual shares, flutters on riskier investments, and other exotic trades generally act as ‘satellites’ around these so-called core funds.

Turn First 50 into a potent portfolio

But new research from TD Direct Investing highlights that of its top 25 funds, nine funds are core funds, and of these, three are also recommended in Moneywise’s 50 First Funds list.

These are CF Lindsell Train UK Equity, CF Woodford Equity Income, and AXA Framlington UK Select Opportunities.

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