A poll from execution only broker Barclays Stockbrokers has revealed that fund investors are favouring income funds. Over a quarter of those polled by the company revealed that the income sector offered the best potential returns.
When selecting funds, 57 percent of those polled revealed that long-term performance was a key factor in their decision to invest. Just 9 percent revealed that they look to short term performance, with 16 percent indicating that the fund manager was the most important factor.
Alastair Thaw, Head of Investor Product at Barclays Stockbrokers, said: “It is not surprising to see that investors say they favour the Income sector for fund investments, as they look to make returns in the current market environment, and over the long term. Additionally, the poll results show appetite for Asia Pacific and UK All Companies sectors in second and third places. Our data on fund purchases made by Barclays Stockbrokers clients in August indicates significant appetite from our clients in these sectors.
“We have combined our experience and expertise in stock broking with an expanded and improved fund offering in a single place, meaning our clients have a choice of a wide range of funds which they can access with ease and at competitive prices. With the launch of our regular investment service, investors can choose to add lump sums or drip feed sums into the market over time to build up their investments and maximise tax efficient benefits too.”