Unit trusts and OEICs are open ended investments which are basically
a type of 'pooled investment'.
If you buy Unit Trusts or OEICs direct, you can
typically be charged 5-6% of your investment before you even get started.
Invest via Bestinvest online and we will discount this figure,
often to the point where you will have no initial charge at all.
Put another way, this could save you as much as £500 on a £10,000 investment.
Investing in funds outside your ISA allowance can help build a well diversified
portfolio and enable you to take advantage of your annual tax free
Capital Gains Tax (CGT) allowance (£9,600 for 2008/9).
Unit trusts are a medium to longer-term investment product. The returns are
potentially higher than with cash savings, but they are not guaranteed. We recommend
you use one of our models to help choose the right funds for you. Each model has
a specific investment strategy, which allows you to invest according to the risk
and return that suits you best. Alternatively you can choose your own funds
and build your own portfolio.
Fund Selection
You can either choose your own funds or let us help you by using our industry-leading
research to help make your selections.
Click here
for 4 easy ways to choose your funds.
Important Information
Platform Key Features document
Invest
Our secure online transactional tool enables you to place your investment choices in a
basket, and build up your choices of investment. Use your debit card to pay the total
and your work is done.
Or if you would prefer you can invest using the Cofunds application form. Feel free to
call one of our advisers on 0800 970 9143 who will guide you through the form.
