What are the best ISA investment funds in July 2021? | moneyfacts.co.uk

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Michelle Monck

Michelle Monck

Consumer Finance Expert
Published: 22/07/2021

The US and UK stock markets dropped sharply on Monday of this week, as investors worried about the rising cases of the coronavirus Delta variant and concerns about rising inflation in the UK. On Tuesday, the pound also fell to a five-month low against the dollar. The UK market appears to be recovering with modest rises seen so far this week. Those rising included Rolls-Royce, Berkeley Group and Scottish Mortgage Investment Trust.


We’ve rated a number of ethical investments based on their performance and ethical credentials. 

You can see the overall best performing ISA funds in July 2021 in the summaries below.

Top ISA unit trust funds

Rank

Fund

Ranking last month

Value of £1,000 lump sum over one year

Value of £1,000 lump sum over five years (rank)

Investment platform

1

Consistent Opp UT Inc

1

£1,802.80

£1,580.55

(296)

Speak to a financial adviser

2

Aberforth UK Small Comp Acc

2

£1,705.19

£1,720.22

(217)

Interactive Investor

3

Aviva Inv UK Smlr Cos SC 1 Acc

4

£1,691.22

£2,266.39

(33)

Interactive Investor

4

AXA Fram UK SmCos R Acc

5

£1,612.44

£2,205.94 (43)

Speak to a financial adviser

5

Schroder UK Small Cos Acc

3

£1,607.20

£2,131.61 (61)

Interactive Investor

Source: Lipper/Moneyfacts Note: The table above is ordered by the best performance 1 July 2021 over the past 12 months. Funds may be available on other platforms not listed, through a stockbroking service or financial adviser.

The best performing ISA unit trust funds in July 2021 remained very similar to those in June with the order of the top 5 slightly changing. The Consistent Opp UT Inc remains as the best performing fund for the second month running, with a £1,000 investment made 12 months ago being worth £1,802.80. The fund focusses on investments in UK equities and undervalued overseas opportunities.


Aberforth UK Small Comp Acc, a new entrant in June retains its second position spot with a £1,000 investment 12 months ago now being worth £1,705.19. This fund invests in a wide range of sectors with the largest three being industrial support service, travel & leisure and media.
Aviva Inv UK Smlr Cos SC 1 Acc and AXA Fram UK SmCos R Acc place move to third and fourth places, a rise of one spot for each fund. A £1,000 investment made 12 months ago is now worth £1,691.22 and £1,612.44, respectively.


The Schroder UK Small Cos Acc sits in fifth having fallen back to its position in May with a £1,000 investment 12 months later being worth £1,607.20, a decrease of £69.34 from June. This fund focusses on investments in UK equities and undervalued overseas opportunities.
The unit trust funds delivering the best returns on a £1,000 investment over five years were:

  1. Baillie Giff Amer A Acc
  2. AXA Fram Global Tech R Acc
  3. L&G Global Tech Index R Acc
  4. Baillie Gifford Global Disc A Acc
  5. JH Global Technology A Acc

Top ISA investment trust funds

Rank

Fund

Ranking last month

Value of £1,000 lump sum over one year

Value of £1,000 lump sum over five years (rank)

Investment platform

1

Electra Private Equity

1

£3,252.29

£2,351.25 (28)

 

Speak to a financial adviser

2

Chelverton SCmDvTrstPLCOrd25p

4

£1,960.94

£1,647.11 (82)

 

Interactive Investor

3

JPM Smaller Companies IT

7

£1,835.03

£3,116.77 (9)

Interactive Investor

4

TR European Growth Trust

5

£1,794.75

£2,661.87 (16)

Interactive Investor

5

Pacific Horizon Investment Trust

6

£1,775.25

£4,554.25 (3)

Interactive Investor

Source: Lipper/Moneyfacts Note: The table above is ordered by the best performance 1 July 2021 over the past 12 months. Funds may be available on other platforms not listed, through a stockbroking service or financial adviser.

 

The best performing ISA investment funds in July 2021 have seen a few small changes from the previous month with Electra Private Equity retaining their number one spot for the third month running. A £1,000 investment made 12-months ago is now worth £3,252.29 and investors can buy shares in this fund and hold these within their ISA.
A new entrant in June remains in second, a £1,000 investment made with Chelverton SCmDvTrstPLCOrd25p 12 months ago has grown to £1,960.94. This fund invests in predominantly UK companies traded on the London Stock Exchange. It invests in a range of sectors with the top three being industrials, consumer cyclical (consumer goods driven by discretionary spending) and financial services.
The two new entrants in July are JPM Smaller Companies IT and Pacific Horizon Investment Trust, having narrowly missed out previously. They sit in third and fifth with a £1,000 investment made 12 months ago now worth £1,835.03 and £1,775.25, respectively. The JPM fund seeks capital growth from investing in smaller UK companies whilst the Pacific fund focuses on the Asian-Pacific region (excluding Japan) and the Indian Sub-continent.
The TR European Growth Trust moves up to fourth in the table, up one spot and aims to grow by investing in SMEs that are listed, domiciled, quoted, or have operations in Europe. A £1,000 investment made 12 months ago is now worth £1,775.25.
The investment trust funds delivering the best returns on a £1,000 investment over five years were:

  1. Scottish Mortgage Investment
  2. Allianz Technology Trust PLC
  3. Pacific Horizon Investment Trust
  4. JP Morgan China
  5. Edinburgh Worldwide Investment Trust

 

Savers cannot beat inflation with cash savings

This month savers continue to not be able to beat inflation with cash savings accounts and cash ISAs. Returns from investments in the stock market are not guaranteed and while past performance is also no guarantee of a return, investments have outperformed cash savings on returns over the longer term. Savers can deposit up to £20,000 per tax year into a stocks and shares ISA and not pay tax on the returns. Savers capital is at risk with a stocks and shares ISA and savers may find the return is volatile.

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Find out more

Moneyfacts.co.uk has also written some useful investment guides including how to invest money, the best ethical investments, and how to invest in property.

The value of investments can go up as well as down, and investors’ capital is at risk. Management fees have been included in this article, but other fees may apply. Investors should check all fees with their financial adviser, investment platform or provider before making any investment.

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