If you're an investor, the good news is that you have an absolutely massive choice of funds, with thousands of open-ended investment companies and unit trusts domiciled in the UK, hundreds of investment trusts listed on the London Stock Exchange and selected access to even more offshore funds via certain brokers. The bad news is, you’ve got to choose a few out of all of these!
For this reason, each year we collate the IC Top 100 Funds, to help you home in on some of the better performing funds with reasonable investment charges. Although you should hold investments in risk assets such as these funds for the long term, we review this list on a yearly basis. This is because the economic and market situation changes, and the situation can also change at individual fund level. For example, a fund manager could leave or underperform for a number of years, or a fund could increase its charges.
This year 14 new funds have joined the list for a number of reasons, including the prospect of good performance, and reasonable charges.