James Hay reveals best selling funds across its platforms in 2007

James Hay, the UK SIPP provider, has revealed the best selling funds from its Wrap and SIPP platforms in 2007.

The top ten selling funds feature a mix of fixed income and equity funds.

Top Ten Selling Funds/ Asset

1. Dimensional Global Short Dated Bond - Fixed Income
2. Newton Higher Income - Equity Income
3. Newton International Bond - Fixed Income
4. Standard Life Property - Commercial Property
5. Prudential M&G UK Equity Passive - Equity tracker
6. Merrill Lynch UK Special Situations - Equity active
7. Aberdeen Global High Yield Bond - Fixed Income
8. Merrill Lynch UK Fund - Equity Growth
9. Norwich Union International Index Tracker - Equity tracker
10. Baillie Gifford Corporate Bond - Fixed Income

Chris Smeaton, Propositions and eCommerce Manager, James Hay, said, “These figures show strong investor appetite for fixed income, but with a varied range of exposure to equities. Equity trackers – which have lower Total Expense Ratios – have been popular with those wanting equity exposure, while selected actively managed equity funds have also seen strong inflows.”

Investors using James Hay Wrap can now choose retail and institutional funds, OEICS (Open Ended Investment Companies) and Unit Trusts at competitive and preferential terms. Together, the James Hay SIPP and Wrap businesses have over £13 billion under administration.

James Hay Wrap offers free fund switches and automatically returns rebates to client accounts. Unlike many competitors, James Hay has no preferred fund houses or Investment styles. Advisers can buy any fund they and their clients choose.

James Hay SIPP is backed by Santander, one of the largest banks in the world. James Hay has won over 22 awards for its SIPP product and service in the last six years.