Funds Centre |
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By Mark Dampier, Head of Research I don't know about you, but as I get older I begin to find that some of the choices in life become more of a burden than a pleasure. In particular I think of the complications nowadays over something as simple as your gas, electricity and telephone Investors find themselves in a similar situation. There are over 2,000 funds, which is one reason I put the Wealth 150 (our list of favourite funds for new investments) together, to give people a much more concentrated list to choose from. For some investors this still provides too much choice which is why I have become interested in more general funds which in effect choose where to invest for you. You don't need to worry about whether the Chinese market is fully valued, when the Japanese market will ever recover or what to do about those specialist funds bought years ago - a genuine international active fund will make these choices for you. If this can be done successfully then you effectively have found a fund that you could put in the legendary bottom drawer. If this concept appeals I suggest you look no further than the Neptune Global Equity Fund. It has five years impressive performance behind it, although please remember past performance is not a guide to future returns and it can go down in value as well as up. It has a concentrated portfolio of 40 to 50 stocks which adds to the risk but effectively represents the best ideas of Neptune - one of the fastest growing and best performing investment groups over the last two or three years. This fund shuns the idea of buying into areas like America purely because they represent a large proportion of world stock markets. It currently has 35% in emerging markets (which actually only make up 8% of global markets) where the team under Robin Geffen feel the best growth prospects are for the next few years. However if their views change they can act swifty without constraints, it therefore makes all the decisions for you and remains a spicy cocktail. If you are looking for an investment for the heart of your portfolio which you will be able to tuck away for the next ten years I think the Neptune Global Equity Fund could make an excellent long term choice. The Neptune Global Equity Fund is available through Hargreaves Lansdown with an initial saving of 5%. Investors can apply online with a debit card or download application forms or transfer forms from our website. The Fund of the Month is written by Hargreaves Lansdown. An independent broker offering unit trust, stockbroking, pension and investment services. Useful links: |
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