Jupiter India was the preferred fund in February, signalling buyers turning into extra “assured and adventurous”, mentioned Kyle Caldwell, collectives editor at interactive investor. Rankings common FundSmith Fairness got here in second, adopted carefully by the L&G International Expertise Index.
Caldwell described the latter as a fund suited to “thrill-seekers”, because of the publicity to US tech giants anticipated to profit from AI development, however he famous that buyers ought to be cautious of its focus, with Microsoft and Apple making up over a 3rd of the fund.
Earnings fund favourites jostle with…