Rose Petroleum plc

Best sellers in the first month of the NISA


Hargreaves Lansdown has listed the most popular shares, active and passive funds invested in the New Isa since it launched a month ago. The CF Woodford Equity Income topped the fund charts unsurprisingly though Neil Woodford’s old fund the Invesco Perpetual High Income, managed by Mark Barnett, still came in at 6th on the list. GlaxoSmithKline was the most popular share. Danny Cox, Head of Financial Planning, Hargreaves Lansdown says: “The increase in the New ISA allowance to £15,000 combined with greater investor freedoms gives tax wrapper investing a shot in the arm. As expected, UK Equity income is a dominant fund theme following the CF Woodford Equity Income launch. Vanguard’s popularity shows through with 4 of their ETFs and one passive fund in their respective top tens. The majority of investors are using passive funds to track UK indices.

“The success of the ISA is largely down to its simplicity and comparatively stable set of rules. The only item on our rule change wish list would be to see the tax-free ISA status remain intactwhen New ISA savings pass from one spouse to another spouse on death.”

Top 10 AIM share purchases in HL New ISA July (1st July – 29th July)

Quindell plc Ordinary 15p
Rare Earth Minerals plc Ordinary 0.01p
Blinkx plc Ordinary 1p
Rose Petroleum plc Ordinary 0.1p
Monitise plc Ordinary GBP0.01
Mosman Oil & Gas Ltd Ordinary Shares NPV DI
Leni Gas & Oil Plc
Quadrise Fuels International plc Ord 1p
Oilex Limited Ordinary NPV
Plus500 Ltd Ordinary ILS0.01