ISAs dominated retail fund sales in April The Investment Association | Investment Association 1 min read27 May 2015 Partner content The Investment Association today publishes its monthlystatistics for authorised investment fundsfor April2015 ISAs saw net fund sales over £1.4 billion Net retail sales were £1.6 billion compared to £3 billion in April last year Targeted Absolute Return funds had highest ever net retail sales of £529 million Fixed Income funds saw net retail sales of £329 million - highest since October 2012 Daniel Godfrey, The Investment Association Chief Executive, said: “Net fund sales into ISAs were £1.4 billion in April, an increase of over £200 million from the same time last year, with investors taking advantage of the new tax free allowance. “Targeted Absolute Return funds were popular in April with their best ever sales figures of £529 million. Meanwhile, retail investors continued to withdraw from UK equity funds favouring European funds instead.” Related MPs Urge Ofwat To Act As Water Bills Rise While Shareholder Dividends Continue By Sienna Rodgers 11 Jul Read the most recent article written by The Investment Association - Seven years of 0.5% rates - Gulf between cash and investments laid bare