Fidelity International reveals its top-selling funds, investment trusts and shares for February 2025. The latest sales data reveals a noticeable shift in investor preferences, with declining interest in technology stocks and a growing emphasis on income-oriented investments, cash funds and diversified strategies.
This trend may reflect growing caution among investors, driven by global economic uncertainty and concerns about the tech sector after the emergence of low-cost AI disruptor DeepSeek. For the first time in six months, Legal & General Global Technology Index Trust fell out of the top ten rankings. Meanwhile, the upcoming tax-year end has prompted many to use their Stocks and Shares ISA allowances, with cash proxy investments becoming a popular choice.
The best-selling funds, investment trusts and shares on Fidelity Personal Investing in February 2025
Source: Fidelity International Personal Investing Platform Net combined ISA and SIPP sales 01.02.25-27.02.25
Ed Monk, associate director, Fidelity International comments: “The strong performance of income-focused funds and investment trusts such as Greencoat UK Wind, Personal Assets Trust and Schroder Oriental Income Fund suggests that investors are seeking opportunities to generate stable returns.
“Meanwhile, cash-oriented funds like the Royal London Short Term Money Market Fund have gained traction, serving as safe havens during uncertain times as investors adopt a “wait-and-see” approach in the lead up to the end of the tax year.
“In equities, there has been a notable retreat from major tech stocks like Amazon, Nvidia, Meta and Advanced Micro Devices, meanwhile, shares in companies like 3i Group, Glencore and Rolls Royce have been popular choices for investors seeking exposure to different areas of the market. For fund investments, for the first time in six months, Legal & General Global Technology Index Trust fell out of the top ten rankings.
“Investors have shown sustained interest in smaller companies too, with funds like Artemis US Smaller Companies Fund and Brown Advisory US Smaller Companies Fund appearing inside the top ten for the second month in a row. The focus on these funds suggest that investors are diversifying their portfolios away from the mega-cap companies at the top of the S&P 500.
“As we approach the end of the tax year, investors are making strategic decisions to optimise their ISA allowance while navigating uncertainty. The increasing interest in cash and income-focused investments underscores the desire for stability, while diversification across sectors and geographies remains key.”
