Whether you’re looking to begin investing, want an easy access way to a full portfolio, or you’re looking to spread your risk in this time of uncertainty, there is a fund for you. In part two of this article, I will break down the different types of funds in detail, what they do and what some of the complicated jargon means. But, for now, I have listed a couple of my favourite funds, just to give you a head start.
Artemis High Income – Class I – Monthly Income (GBP). – This fund has an annual growth rate of anywhere from 1% to 11% annually. There are many other funds that will provide a lot more growth, however this one pays monthly dividends. Perfect for topping up your monthly pay packet.
Fundsmith Equity – Class I – Accumulation (GBP). – One of the growth heavyweights, and a fund I can personally pay tribute to for excellent results. This fund can easily hit growth rates of 30% as an accumulation fund and has grown by a minimum 19.26%, 4 times in the past 5 years. The fund is mainly committed to big American corporations by the likes of Microsoft, PepsiCo and Paypal, but also has spread through mainland Europe.
Legal & General US Index - Class C – Accumulation (GBP) – This North American tracker fund is vested in blue chip stocks, with the intention of mimicking the makeup of the NASDAQ. The fund is a great example of how you can diversify your portfolio in to different countries or markets on a budget. Some of the stocks within this fund such as Amazon, Apple or Netflix, would cost your hundreds of pounds alone. The fund itself has grown for the past 4 years, with a staggering 46.05% between 2016 and 2017.