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How to Guides
- Guide to savings accounts
Read our comprehensive guide to savings account and make your savings accounts work for you.
Investment Trusts
Investment trusts, sometimes simply called ITs, are actually companies that you'll see quoted on the London Stock Exchange. Their main purpose is to simply invest in other companies' shares. Like an ordinary stock investment, shares in investment trusts will go up and down with the market forces of supply and demand. Read more...>
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When you invest in an IT, what you're actually doing is purchasing shares in the companies that the trust chooses to invest in. Dividends and share values will, in turn, rise and fall in value in step with the shares owned by the trust.
If you are interested in investing in the stock market over the mid- to long-term, then investment trusts may be a good choice, because they allow you to spread out risks, and charges are minimised. Also, with investment trusts, you do not have to spend a lot of time monitoring your investment.
Investment trusts also bring with them a number of tax advantages. They are particularly apt investments for people wanting to set aside monthly savings for retirement, or for specific planned purchases such as a home, or for educational costs.
With investment trusts, a board delegates investment responsibility to a fund manager, who in turn invests in a range of stocks and shares. This range is far broader than that which most people could realistically manage as individuals. Other than the board of directors, investment trusts usually have no employees. The share price of investment trusts does not always indicate the underlying value of the individual shares in which the fund is invested.
Though investment trusts may not be considered as very exciting, and though they rarely grab headlines, they do have a good track record of solid performance, and can be a good adjunct to an investment strategy that already includes cash savings accounts and other types of investments.
Savings Accounts Blogs
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Did you know?
£56,058 was the average household debt (including mortgages) in February 2012.
Source: Credit Action (www.creditaction.org.uk)
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Product Offers
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Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.