Safety in Numbers
Safety in numbers - Reducing the risk of acquiring wealth
If you require your money to provide the potential for capital growth or income, or a combination of both, provided you are willing to accept an element of risk pooled investments could just be the solution you are looking for. A pooled investment allows you to invest in a large, professionally managed portfolio of assets with many other investors. As a result of this, the risk is reduced due to the wider spread of investments in the portfolio.
Various funds available are based on:
Income or growth needs, such as: -
- Income funds providing high dividends
- Capital growth funds
- Balanced funds which aim to achieve a mix of both
Geographical allocation, such as:
- UK funds
- International or specific regional funds (e.g. Far East)
- Specialist funds which invest in a specific type of company, such as a property or technology fund.
The main vehicles for pooled investments are:
- Unit trusts
- Open-ended investment companies (OEIC's)
- Investment Trusts
- Insurance Company Funds