Income funds proved popular with ISA and pension investors over the tax year end, data from Fundsnetwork shows.
Between January and April, income-focused funds dominated the platform's bestselling ISA fund top ten. The Woodford Equity Income Fund topped the list. It added the hunt for income yielding assets was also a prevalent theme within the FundsNetwork Pension, with half of the bestselling funds over the tax year end period also offering some form of income. See below for both tables. Fidelity International head of fund partners Danny Wynn said: "The market volatility that punctuated much of the tax year end understandably shook investor confidence, meaning that we saw increased demand ...
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