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An appetite for additional cash; pound NOTES.

WITH share prices virtually stagnant around the world, investors of all ages - and parents planning savings pots for children - are focusing on 'safe' income funds to provide a better return than cash, says The Share Centre, which manages portfolios including Isas for small savers.

Andy Parsons, head of investment research at The Share Centre, says: "The top 10 funds selected by investors in July show their appetite for additional income is as keen as ever.

"It is also interesting to note that this is the first time for a couple of months that no debt fund, neither sovereign nor corporate, has appeared within the top 10."

The most popular fund among Share Centre investors is the Legal & General UK Index Trust fund, followed by the Invesco Perpetual High Income fund, Newton Global Higher Income fund, Legg Mason Japan Equity fund and AXA Framlington Biotech fund.

At sixth position is the Jupiter Global Managed fund, followed by the Schroder Asian Income Maximiser fund, BlackRock Gold & General fund, Fidelity Enhanced Income fund and Threadneedle American Smaller Companies fund.
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Title Annotation:Business
Publication:Daily Post (Liverpool, England)
Date:Sep 3, 2012
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