IS YOUR STRATEGY FOR THE FUND?
The investment strategy is based on identifying individual companies in the UK and abroad, across all sectors, whose share prices have the potential to outperform the indices. The Fund combines growth, value and momentum strategies. There is no institutional constraints on my flexibility to adopt the most appropriate investment strategy. The Board of the management company regularly reviews the investment process.
I AM A FIRST TIME INVESTOR, SHOULD I INVEST IN THE STOCKMARKET?
Investing regularly in the stockmarket can be very rewarding
if you are not in a hurry. Markets have always gone up over
the long term. In fact, virtually all the published evidence
points to equities outperforming cash and bonds over time
- so there may be a risk in not having enough of your savings
in equities over the long term.
NOW A GOOD TIME TO INVEST?
It is worth remembering a well-versed lesson for successful
investing. It is time not timing that matters. As a result,
there are normally handsome rewards waiting for the patient
but committed investor.
Although there is no minimum duration you must hold your
equity investment, it is best not to invest in an equity
fund unless you can leave the money there for several years.
ISAs therefore provide an ideal vehicle for long-term investment
within a tax-efficient environment.
IMPORTANT ARE CHARGES IN SELECTING AN INVESTMENT?
Charges are certainly important. But over the long term
the fees should be measured in relation to the performance.
An actively managed fund should not be selected only on
the basis of the lowest fees as a relatively small saving
could be more than offset by poor long-term performance.
THERE ANY COMPENSATION ARRANGEMENTS?
If you make a valid claim against us and we are unable
to meet our liabilities in full, you may be entitled to
compensation from the Financial Services Compensation Scheme.
The amount depends on the type of business and the circumstances
of the claim. The maximum compensation is £50,000.
Details of the scheme are available on request from the
Manager or the Financial Services Compensation Scheme.