Launches target wary investors
Article Abstract:
There have been 36 new funds launched in 1st half 1996 compared with 134 new funds in 1995 and there are more than 1,600 UK unit trusts. Investors should be selective and ask whether new funds have been launched for sound investment reasons. Unit trusts are seeking to attract first-time investors who are concerned about risks. These low-risk funds may also appeal to investors with personal equity plan mortgages and pension mortgages seeking to protect funds accumulated.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
New launches require patience
Article Abstract:
New investment trusts have to convince investors of their advantages compared to other trusts which may be trading at discounts. New trusts tend to be more successful when markets are rising. Investors have not fared badly despite buying when markets are high. Launches at the top of a cycle do mean that good returns are more difficult to achieve in the short term, but investors can benefit if they are willing to wait for three or five years.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Budget shock sparks fears over trusts. At the heart of the practice. Parmalat's shadow gathers over UK accountancy
- Abstracts: The age factor. The cost of complacency. Accounting Standards Board: FRS 23 (IAS 21): The Effects of Changes in Foreign Exchange Rates
- Abstracts: The perfect storm? Credit where it's due. Focus on subprime woes
- Abstracts: The urge to merge. Japan: painful process. Japan: Daiwa a sub-plot
- Abstracts: Tessas: many happy returns...for some. New generation Tessas: the best deals. Risk-averse investors shy away from bond commitment