Woodford Equity Income was the top traded fund of the month – one of only two predominantly UK-focused funds to make it into the top 10.

Fundsmith Equity took the second-place spot and while it has some weighting to the UK, the majority of the fund (64%) is geared towards the US.

It is the first of many globally-focused funds to feature in the list.

Jupiter India featured third and Stewart Investors Asia Pacific Leaders was fourth.

Fifth and sixth place went to two US funds – Schroders US Mid-Cap and Miton US Opportunities.

“With President Trump voicing strong pro US business rhetoric, investors may have sought the opportunity to identify a core US offering for their portfolios. However, investors should be aware that in general US valuations are currently above their long term averages,” said Andy Parsons, The Share Centre’s head of investments.

The other global funds on the list were: AXA Framlington Global Technology, Legg Mason Japan Equity and Newton Global Income.

Schroder Income Maximiser, which hasn’t appeared for some time, made its way onto the list in January. The fund seeks to provide investors with an enhanced level of around 7%.

Top traded funds in January 2017 from The Share Centre:

1.     CF Woodford Equity Income

2.     Fundsmith Equity

3.     Jupiter India

4.     Stewart Investors Asia Pacific Leaders

5.     Schroder US Mid-Cap

6.     CF Miton US Opportunities

7.     AXA Framlington Global Technology

8.     Schroder Income Maximiser

9.     Legg Mason IF Japan Equity

10.   Newton Global Income