Advantages: New fund, excellent growth to date, excellent management Disadvantages: Technology sector can be volatile
...Whilst the Nasdaq and Techmark wobble around for months on end, this fund reaches for the sky. Artemis New Enterprise Fund has seen 40% growth since its launch on 17 May. Artemis managers have heaps of their own money invested in their funds, and their pensions too.
Every single one of the Artemis funds is soaring high but none quite as rapidly as this one. With just eight million pounds in the fund, the manager, Lindsay Whitelaw, is able to make some very timely investments, and that is probably the secret of the fund's success. I have no intentions of selling my Aberdeen Technology or Jupiter Global Technology but I'm certainly going to bet a couple of grand that this fund out-performs both of them over the next year or two. If you are looking for a technology fund that's not too long in the tooth but has a brief but incredible...
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Advantages: Young, small and flexible. Superb but brief historic performance. Disadvantages: Little movement in price for several months.
...Jupiter European Special Situations fund was set up less than two years ago and has already seen growth of 140%. Virtually all of that growth was made in the first year but what sets this fund apart from many others, is that it has held on to those gains through what has been one of the most volatile years for shares around the world. Even though the Euro has slipped in value by 30% or so, over the last year, the fund has maintained its value in Sterling terms. When the Euro recovers, as we are led to believe it will, this will be translated into a 30% gain.
I bought into this one in January of this year and have no qualms whatsoever about holding. The fund size currently stands at about £140 million, which is miniscule for a European fund. This means it is flexible and can react much more quickly to changes in trends...
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Advantages: ethical, profitable Disadvantages: subject to market forces, like most investments
...The Framlington investment funds are probably the most profitable area in which I have ever put my faith and money.
The initial account charges are low, amounting to no more than 1%, in the areas in which I have invested. However, more importantly they have collectively out-performed any other unit trust or PEP over the last 10 years, with the Income fund in particular gaininh 230% in the last 12 months.
The Health fund is ethically run and does not invest in the somewhat dubious areas engaged by certain funds, allowing peace of mind and a clear conscience as one watches the fund grow.
Unfortunately, PEPs are no longer available, but I will certainly be making use of my ISA allowance this year to expand my portfolio in Framlington's favour....
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