View more on these topics

BFS shapes up with shape-it

BFS Investments has designed Shape-it, a portfolio management service that also allows investors to access investment trusts through an individual savings account (Isa) and Pep transfer.

Shape-it allows investors to choose their own portfolio of split capital investment trusts from the nine trusts in the BFS range. These cover BFS Asian assets through to BFS smaller companies and BFS income and growth.

Split capital investment trusts consist of different share classes that enable investors to focus on income, growth or a combination of the two in line with their risk profile. Risk profiles can vary from very cautious through to highly adventurous and the nine investment trusts cater for these different tastes.

To help investors decide which investment trust and which share classes meet their needs, BFS has designed a tool called trust finder and also has a risk fact sheet which explains the level of risk that investment trusts and their different share classes.

The advantage of Shape-it is that it offers investors a good degree of diversity, but this does not extend to external fund managers which could be seen as a downside.

Recommended

LibDems plan a compulsory &#39stakeholder&#39

The Liberal Democrats&#39 manifesto promises to introduce a compulsoryrevised stakeholder as part of a fundamental review of pensions. The new pension would be called Owned Second Pension Account. People notin company pension schemes would be compelled to take out one of the newpensions. The manifesto says: “We believe that the best way for to preventpoverty […]

Newcastle Building Society – Global Guaranteed Equity Bond (Issue 2) Tessa Only Isa

Wednesday, 16 May 2001.Type: Guaranteed equity bond.Aim: Growth linked to the FTSE 100, Nikkei 225 and Dow Jones EuroSTOXX 50 indices.Minimum-maximum investment: £1-£500,000.Term: Five years.Guarantee: Capital returned in full at end of term regardless of performance of indices.Return: Capital returned in full along with 85 per cent of the average growth of the indices.Closing date: […]

West Bromwich Building Society – Three Year Fixed Rate Bond

Monday, 14 May 2001.Type: High interest account.Minimum-maximum investment: £1,000-£1m.Interest rates: 5 per cent gross a year until July 31, 2002, 5.5 per cent until July 31, 2003, 6 per cent until July 31, 2004.Term: Three years.Offer period: Until further notice.Withdrawal penalties: No withdrawals permitted during term.Tel: 0800 1695128.

Nottingham wanders in the flexible forest

Nottingham Building Society has introduced a flexible mortgage which has a 1.75 per cent discount in the first six months.The mortgage has an initial payable rate of 4.40 per cent and is available for loans of up to 95 per cent of valuation. Borrowers can make underpayments and overpayments, take payment holidays and interest is […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment