Investments can be a great opportunity to grow your money and reach your long-term financial goals. It’s also a strategy that can be done in conjunction with the assistance of expert advisors to help you make sure you are balancing the need for primary protection and growth potential against your financial circumstances and comfort with risk.
Investment funds pool your savings and those of other investors. The fund manager will buy, hold and then sell investments on your behalf. Most funds comprise an assortment of assets that reduces risk of investment. However, some are more specialised than others, like funds that concentrate on property or commodities. Multi-asset funds can hold an array of different types of assets, such as shares and bonds.
Some https://highmark-funds.com funds are geared towards certain regions or sectors, such as emerging markets or green investments. Many funds have specific investment objectives, for instance, reducing unsystematic risks or aiming for a certain level of growth. Others have a general investment goal that include low cost investing.
The type of unit trusts OEICs and investment trusts you choose to use will depend on both your investment timeframe and your approach to risk. For example, younger investors are generally more comfortable taking a higher level of risk and may be more likely to choose funds with an increased proportion of equity. Alternatively, those who are close to retirement or have family obligations might prefer the risk at a lower level and select a portfolio that has more bonds.