December 22, 2016 | 4years | Investment News
In a year that saw Britain vote to leave the EU and Donald Trump elected as the next US president, online investment platform Bestinvest reveals which funds have proved most popular with its DIY-investor clients.
Top of the popularity table was the Fundsmith Equity fund, managed by veteran investor Terry Smith.
“He’s developed a considerable fan club of investors who like his no nonsense buy-and-hold approach and the fact he doesn’t sit on the fence with his views,” says Bestinvest’s managing director Jason Hollands.
“The performance has been stellar since launch and the fact Terry ploughed an additional £115m of his own spare cash into the fund during the year, taking his personal interest in the fund to over £200m, is a big vote of confidence in the portfolio of global blue chip companies he holds.”
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