Our Preferred Funds
Spread risk and pay no dealing commission
Our Preferred Funds range provides you with an opportunity to spread risk cost-effectively by buying into a wide variety of investments free from purchase commission. And, because we've negotiated special terms with the fund managers, we make your money go even further.
The range comprises four individual funds offering a choice of investment styles with good performance prospects and strong management.
| Risk | Aim | |||||
| Low | Medium | High | Income | Growth | Balanced | |
| Close UK Escalator 100 | X | X | ||||
| Legal & General UK Index | X | X | ||||
| INVESCO Perpetual UK Growth | X | X | ||||
| Jupiter Global Managed | X | X | ||||
Before you invest
Please make sure you read, understand and keep, the appropriate key features documents for any funds you wish to invest in.
Time horizon
Our views on funds are generally based on a time horizon of three to five years or longer. Please read our investment research policy to understand how the Advice team arrive at our view.
Also remember that investments, their value and the income that they provide can go down as well as up and you may not get back what you originally invested.
Legal & General UK Index Fund – accumulation units
Investment aim
To provide the potential for reliable growth by tracking the performance of the FTSE All-Share Index.
Where does the fund invest?
A representative sample of stocks selected from all economic sectors of the FTSE All-Share Index (including stocks reasonably expected to shortly be part of that index).
| Initial charge: | 0% |
| Annual management charge: | 0.5% |
| Annual administration charge: | 0.01% |
| Minimum initial investment: | £10.00 |
| Monthly investment option: | Yes |
| Eligible for CTF: | Yes |
| Eligible for ISA: | Yes |
While equity investments carry potential for greater returns over the long term, the volatility on these returns can also be greater and the value of your capital is not guaranteed.
INVESCO Perpetual UK Growth Fund – income units
Investment aim
To achieve capital growth by investing in UK companies. In pursuing this objective the fund managers may include investment that they consider appropriate.
Where does the fund invest?
The fund manager aims to invest in funds with a significant bias towards UK mid- and small-caps. This does not exclude seeking value and opportunity in UK large-caps when the opportunity arises. Income is paid out to investors although under CTF regulations this will be added to the CTF account and re-invested according to the options specified for each account. The level of income is not guaranteed.
| Initial charge: | 0.25% |
| Annual management charge: | 1.5% |
| Annual administration charge: | 0.12% |
| Minimum initial investment: | £10.00 |
| Monthly investment option: | Yes |
| Eligible for CTF: | Yes |
| Eligible for ISA: | Yes |
Jupiter Global Managed Fund – income units
Investment aim
To achieve long-term capital growth principally through investment in equities on an international basis.
Where does the fund invest?
Different markets in different countries have different growth prospects at different times. The fund's managers aim to invest in the markets with the most potential at the right time and, by creating the right geographic spread of investments, maximize the return while managing the risk profile.
| Initial charge: | 0.25% |
| Annual management charge: | 1.5% |
| Annual administration charge: | 0.32% |
| Minimum initial investment: | £10.00 |
| Monthly investment option: | Yes |
| Eligible for CTF: | Yes |
| Eligible for ISA: | Yes |
Close UK Escalator 100 Fund – accumulation units
Investment aim
To provide investors with the potential to benefit from rises in the stock market while, at the same time, protecting them on a quarterly basis from falls in the value of their capital.
Where does the fund invest?
It achieves its returns by investing in cash and futures and options contracts. This allows for both 100% of the capital to be protected, so long it is left untouched for a specified period, and obtains an exposure to growth in the equity markets.
The protection aspect of the fund operates by protecting the capital value against loss by locking-in gains at the end of each quarter. This protection only applies where your investment remains intact across two consecutive quarterly protection dates. The dates used are the third Fridays of March, June, September and December, each year.
The fund is managed in such a way that the bid price at the end of each successive three month period is to be no lower than 100% of the bid price at the start of that period, thereby protecting investors' capital. Any gains made at the end of each quarter are locked-in and will be protected over each subsequent quarter.
Income is re-invested within the fund to help your money grow faster still.
| Initial charge: | 0.5% |
| Annual management charge: | 1.0% |
| Minimum initial investment: | £25.00 |
| Monthly investment option: | Yes |
| Eligible for CTF: | Yes |
| Eligible for ISA: | No |
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