Tracker funds made up over a quarter of the top 20 funds sold on the Alliance Trust Savings platform over the past three months. Vanguard funds, which have annual management charges (AMC) as low as 0.15%, were particularly popular, occupying six of the top 20 positions on the funds list.

Emerging markets and income funds as well as funds that offer exposure to the bond markets have also been popular choices. Kames High Yield Bond and Invesco Perpetual Corporate Bond took the first and second spots.

Garry Mcluckie, head of platform at Alliance Trust Savings, said:
“The most popular funds on our platform so far in 2013 with ISA customers reflect the diverse range of investment choice and risk appetites across our customer base.

“The low AMCs on trackers and the competitive AMCs offered via clean share classes mean that advisers and investors can minimise charges and maximise potential returns both in this tax year and into the next.”

The ATS platform offers over 1,400 clean share class funds, the majority of which have no initial charge.