Best-selling funds, Investment Trusts and ETFs of December 2024
Discover the most-bought investments across four major platforms
By Boring Money
14 Jan, 2025
Key market figures
- S&P 500: -2.5% for December, +23.3% for 2024
- FTSE Performance: +5.7% for 2024
- European STOXX 600: +6.0% for 2024
- UK 10-year gilts: Highest since 2008
- UK 30-year yields: 5.40% (Peak last seen in 1998)
Market overview
December 2024 closed with a muted finish as the anticipated Santa rally failed to materialise. While the US market delivered impressive returns for the year
overall, both the UK and European markets showed significantly more modest growth. The Federal Reserve's cautious stance on inflation, projecting only two 0.25% rate cuts for 2025, dampened market sentiment in the final month.
Top performers snapshot
Two funds dominated the best-seller lists across all major platforms (AJ Bell, Fidelity, Hargreaves Lansdown and interactive investor):
🎩 Fidelity Index World
🎩 Legal & General Global Technology Index
These popular choices share some notable characteristics:
- Passive investment approach
- Lower fee structures
- Significant holdings in tech giants
- Broad market exposure
Key market trends
The UK market faces particular challenges:
- High service sector inflation
- Government finance concerns
- Gilt yields at historic highs
- Underperformance versus global peers
Continue reading this article
✓ Detailed fund performance breakdowns ✓ Expert analysis of tech stock valuations ✓ Platform-specific bestseller lists ✓ Future market predictions ✓ Complete holdings analysis ✓ Valuation metrics for key stocks
