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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

December 2024
  • 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
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✓ 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

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