Figures released by the Association of Unit Trusts and Investment Funds (Autif) for May 2000 show that unit trust and oeic Individual Savings Accounts (ISAs) are continuing to appeal to investors.
ISA sales are well up on the lacklustre start they had last year and considerably higher than for every month in 1999. This May's net ISA sales of £854m were 67% up on last May's (£511m).