... So get your money into a fund supermarket, once your money is in you will not be charged new initial charges only the bid offer spread which is minimal, certainly with Skandia Multi - products, This allows you swap horses during the race and switch to another fund manger in the same investment ... Read review
Advantages: Flexibility, cost, less admin Disadvantages: Only available through an IFA
...which is minimal, certainly with Skandia Multi - products, This allows you swap horses during the race and switch to another fund manger in the same investment sector or different sector or to spread it arouund a few. Spread the risk, vary the manger, pick the differnt sectors for opportunity and keep it under all one roof. That's the way to go.
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I believe for the majority of investors Unit trusts have got to be the way to go. The risk and volatilty inherant in the stock markets are where you will make your gains as well as your losses, however I think the majority of people haven't got the time, knowledge or money to be investing directly into shares. However if you put your money with a fund manager hopefully his expertise and knowledge and your moeny poolled with that of a few thousand other people has got to be the way to go. Having said all that the risk is reduced but if you are invested in a turkey it is still a turkey even if it of the enviromentall friendly low risk variety. the last thing you want though is to jump from one unit trust with an investment house to another and suffer new initial charges as well as the bid offer spread. So get your money into a fund supermarket, once your money is in you will not be charged new initial charges only the bid offer spread which is minimal, certainly with Skandia Multi - products, This allows you swap horses during the race and switch to another fund manger in the same investment sector or different sector or to spread it arouund a few. Spread the risk, vary the manger, pick the differnt sectors for opportunity and keep it under all one roof. That's the way to go.
Advantages: Wide variety of funds for all risk levels, low rates for changing funds Disadvantages: Needs an independant advisor
Skandia (web site skandia.co.uk) offer a range of unit trust based investiment oppertunities. They charge at competitive rates but are not in any way cheap to join but the products have some key advantages.
The first and most substantial advantage is that you get to choose from a wide range of unit trusts. So if you want to open an ISA (MultISA), move your PEP (MultiPEP) or do a straight forward unit trust investiment (Multifund) you can choose ... ...buying, and in any case Skandia onlt do business in the UK through independant financial advisors. Ifg you don't know where to find one you can simply visit the skandia website (address above) and search in your area.
The website is also a valuable tool for the invester with a variety of areas covered. Wheather it is judging your risk exposure, finding an advisor or simply keeping up with the value of your investiments which are updated five times ...
Chris-Duncan 20.08.2000
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Ciao members have rated this review on average: helpful Review of Skandia Multi FUNDS Ltd
Advantages: fund choice and professional service Disadvantages: not the cheapest
...talked about but for me, Skandia seemed to have flexibility and a wide range of funds for me to invest in. I also felt secure with the multi-national size of the company.
Their charges are not the cheapest on the market but so far I have been happy with the way they look after my small investment. I have also found their helpline very efficient. The staff were professional and friendly. ...
mcfarlane 03.08.2000
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Ciao members have rated this review on average: helpful Review of Skandia Multi FUNDS Ltd
