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Adventurous ISA funds in demand says Skipton

9th April 2008 Print
Skipton Financial Services has reported an amazing shift towards aggressive ISA funds through its execution-only fund supermarket in the 2007/2008 tax year.

Four of the top five best sellers were emerging market or commodities funds with Gartmore China Opportunities, JPM Natural Resources, Allianz RCM BRIC Stars and Neptune Russia & Greater Russia, taking over from the UK equity income funds which were most popular in 2006/2007.

Simon Holt, managing director of Skipton Financial Services, commented, "It is remarkable that, despite the volatility of the global equity markets, our clients are putting their faith in emerging markets and commodities funds. Clearly the more sophisticated investors understand the buying opportunities and the benefits of buying cheaply into long-term growth potential. It will be fascinating to see in a year's time where Skipton FS investors think the next big money making opportunity will be. To purchase an ISA for the current tax-year, investors can take your pick from over 1,000 funds from over 60 providers by visiting www.sfsinvestdirect.co.uk."