Terry Smith’s Fundsmith Equity fund was the only active strategy among interactive investors’ November best buys, as Vanguard funds continued to dominate.
Fundsmith Equity was the most bought fund last month, followed by Vanguard's LifeStrategy 80% Equity in second place. The ETF giant landed six of the ten most bought spots, while HSBC's American and FTSE All World funds earned top eight and nine in the ranking, with Fidelity's Index World securing the tenth spot. interactive investor said the domination of passive strategies in its top ten funds likely reflects "ongoing caution over not knowing what active funds are best placed to invest in at a time of great uncertainty". interactive investor boosts fixed income research and con...
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