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

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Michelle Monck

Michelle Monck

Consumer Finance Expert
Published: 18/03/2021

The FTSE 100 closed lower on 17 March 2021 as investors remained cautious ahead of interest rate decisions from the Bank of England and the US Central Bank. The UK index had seen overall growth since the end of February and remains ahead of its position on the 1 March 2021.
The Bank of England held its base rate at 0.10% today and the expectation is that the Fed rate will also remain unchanged.


We have summarised below the top five performing ISA investment funds for a £1,000 investment over the past 12 months and five years.

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

Baillie Gifford American A Account

1

£2,168.38

£5,030.14

(1)

Find out more

 

2

Baillie Gifford Global Discovery A Account

2

£1,838.87

£3,621.74

(2)

Find out more

3

Baillie Gifford Pacific A Account

4

£1,797.99

£3,308.48

(6)

Find out more

 

4

Guinness Sustainable Energy B Account

3

£1,703.47

£2,281.99

(34)

Find out more

5

MFM Techinvest Tech A Account

-

£1,696.89

-

 

Find out more

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

This month, the two best performing ISA investment funds over 12-months are again from Baillie Gifford with its American A Account and Global Discovery A Account. The fund manager also has the third best performing fund with its Pacific A Account. Those that had invested £1,000 in the American A Account would have achieved a return of £2,168.38.
The Guinness Sustainable Energy B Account that invests in the alternative energy space is in fourth place generating a return of £1,703.47 on a £1,000 investment over 12-months.
The Bank of New York Mellon Oriental GBP Inc ISA investment fund has dropped out of the top five and is now the seventh best performing fund over 12-months.
In March 2021, the fifth best performing investment ISA unit trust fund was MFM Techinvest Tech A Account producing a return of £1,696.89 over the 12-month period.
The unit trust funds delivering the best returns on a £1,000 investment over five years were:

  1. Baillie Gifford American A Account
  2. Baillie Gifford Global Disc A Account
  3. AXA Framlington Global Technology
  4. JPM US SCG A – Net Account
  5. L&G Global Tech Index

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

Pacific Horizon Investment Trust

 

2

£2,519.31

£5,046.31 (1)

Find out more

2

JP Morgan China

1

£2,162.72

£4,917.24

(2)

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3

Scottish Mortgage Investment

3

£2,031.06

£4,717.23

(4)

Find out more

4

BlackRock World Mining Trust

9

£1,977.08

£3,944.58 (6)

Find out more

5

Edinburgh Worldwide Investment Trust

4

£1,898.70

£4,450.79

(5)

Find out more

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

During March 2021, only four of the best performing ISA investment trust funds remain in the top five. These are Pacific Horizon Investment Trust, JP Morgan China, Scottish Mortgage Investment and Edinburgh Worldwide Investment Trust. Biotech Growth Trust that was the fifth best performing ISA trust fund in February has dropped out to number ten.
The Pacific Horizon Investment Trust is now the top performing ISA investment trust fund over 12-months and five-years achieving a return on £1,000 of £2,519.31 and £5,046.31, respectively. This fund invests in Asia-Pacific (excluding Japan) and the Indian subcontinent.
The JP Morgan China fund has dropped from the best performing ISA investment trust last month to the second place, with £1,000 generating a return of £2,162.72 over the past 12-months.
Scottish Mortgage Investment has held its position this month achieving a return of £2,031.06 over the past 12-months.
A new ISA investment trust has entered the top five in March 2021. The BlackRock World Mining Trust has leapt from the ninth best investment ISA to position four. It has achieved a return of £1,977.08 on a £1,000 investment over the past 12-months. This fund invests in mining and metal securities worldwide.
The Edinburgh Worldwide Investment Trust is placed in position five this month.
The investment trust funds delivering the best returns on a £1,000 investment over five years were:

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

Should savers switch from cash to stocks and shares ISAs?

Those saving into a cash ISA during 2020 and 2021 have seen drastic reductions in the average interest rates available with declines of between 54% to 72% since March 2020. The returns on cash ISAs may not be high right now, but they do offer a safe place for cautious savers that do not want to risk their capital. For example, those wanting to keep some savings as an emergency fund will not want to risk losing this.


Those looking to improve their returns that are willing to accept some risks could consider investing in the stock market or a stocks and shares ISA.

Free review of your savings and investments

  • Free one hour consultation with our preferred independent advice firm, Kellands Hale
  • Award winning independent advice
  • See the potential to increase your returns on savings and investments
  • Min £100,000 in savings and investments

 

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Investing using a platform

An investment platform such as interactive investor provides a convenient way to view different investment ISAs and to place investments into a stocks and shares ISA.

Featured: stocks and shares ISA providers

Provider

Min monthly investment

Number of funds available

 

Healthy Investment

£25

1

Find out more

Interactive Investor

£25

3,000 plus

Find out more

Foresters Friendly Society

£500

1

Find out more

BMO Asset Management

£500

10

Find out more

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

 

Those not sure if investing in the stock market is for them could also consider speaking with a financial adviser.

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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Disclaimer

This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

Disclaimer

Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

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