interactive investor (ii) Index

The ii Index - Q3 2024

We have published the latest instalment of the ii index, which provides a unique insight into how ii customers have fared and positioned their portfolios in the ever-changing investment arena.

Our index data now goes back almost five years, covering the period spanning from the beginning of 2020 to the end of Q3 2024. The latest report reveals that the average ii customer performed strongly and above the IA Mixed Investment 40-85% shares sector across all seven timeframes examined. 

The sector can be a useful comparator with private investor portfolios for professional managers, given its mix of bonds, cash, and equities.

Our latest key findings:

• The average ii customer outperformed the IA Mixed Investment 40-85% Shares sector across six of the seven timeframes examined.
• Over four years and nine months (to 30 September 2024), the average ii customer returned 23.7% versus 22.62% for the IA Mixed Investment 40-85% Shares sector.
• Longer-term outperformance is led by those in the 35-44 age cohort, but the 65+ cohort also outperformed over two and three years.
• The youngest investors ended their performance winning streak, recording the lowest aggregated return over shorter timeframes (bar one year) compared to other age groups.
• Women continue to marginally outperform men over the longest periods, while the reverse is true over shorter timeframes.
• The popularity of investment trusts continues to wane, with portfolio weighting to the instrument down to 18.7% in Q3 2024, falling from 19.2% in Q2 2024 and a high of 22.9% in Q4 2021.
• The average portfolio weighting to ETPs (a category of investments largely consisting of exchange traded funds ETFs) reached a new high of 9.7% in Q3 2024, up from 9.4% in Q2 2024 and above the low of 5.7% three years ago in Q1 2021.

Download the full report from the link below.