The Mixed Investment 20-60 Per Cent Shares sector continued its reign as the highest-selling sector in January, accounting for 74 per cent of the proportion of net sales, according to UK platform Cofunds.

Three of the top 20 selling funds on the platform were in this sector – and Jupiter Merlin Income Portfolio remained the best-selling fund.

The Sterling Strategic Bond sector accounted for 23 per cent of net sales, with M&G Optimal Income and Invesco Perpetual Monthly Income Plus in thirteenth and fourteenth place.

And North America attracted over 15 per cent of net sales in January, more than double the previous month’s figure. January was also a popular month for Global Emerging Markets: the sector hit a new record after accounting for 23 per cent of the proportion of net sales.