Unit trusts and open-ended investment companies
Sharing many traits, but also having important differences Pooled investment funds are usually large funds built by aggregating relatively small investments from individuals. A professional fund manager (or a team of fund managers) determines which assets to invest in and then purchases accordingly. They are also known as ‘collective investment schemes’.
Investment trusts
Seeking value everywhere An investment trust is a public company that raises money by selling shares to investors, and then pools that money to buy and sell a wide range of shares and assets. Different investment trusts will have different aims and different mixes of investments.
Individual Savings Accounts
Minimising the amount of tax you pay on your investment returns Individual Savings Accounts (ISAs) are a ‘tax-efficient wrapper’ enabling you to minimise the amount of tax you pay on your investment returns. Some ISAs give you instant access to your money and can be used to plan your finances for the short term.
Why Time in the Market is More Important than Timing the Market
Financial Planner Roy Ritchie explains the importance of holding your nerve when markets are volatile. I think it is fair to say that we entered 2022 with a feeling of optimism that was not present at the start of 2021. Whilst the global pandemic was, and still isn’t over, life was starting to return to […]
Could a Lifetime ISA Help Get You on the Property Ladder?
Chartered Paraplanner Simon Hartley explains exactly how useful a Lifetime ISA can be for those looking to buy a home. With the end of the Financial Year (5th April) fast approaching, many people take this opportunity to use up their annual tax allowances before these renew (they can’t be rolled over into the new year). […]