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BlackRock – World Resources Income Fund

BlackRock – World Resources Income Fund

Type: Unit trust

Aim: Income and growth by investing globally in the equities of companies in the natural resources sector, derivatives and other assets

Minimum investment: Lump sum £500, monthly £50

Investment split: 100% in global natural resources equities, derivatives and other assets

Isa link: Yes

Charges: Initial 5%, annual 1.75%

Commission: Initial 3%, renewal 0.5%



Hornbuckle says sorry over GAD error

Hornbuckle Mitchell has apologised after incorrectly telling advisers that some drawdown clients have a 60-day window between June 5 and August 4 to lock in to 2006 GAD rates. Hornbuckle issued a note earlier this month claiming advisers had an “opportunity” to help some drawdown clients by securing the higher pension incomes allowed under the […]

Curtis Banks completes on Montpelier Sipp deal

Curtis Banks managing director Rupert Curtis has “no concerns” about Montpelier’s Sipp investments after the firm bought the Sipp administrator’s assets. The deal, completed this week for an undisclosed sum, will swell Curtis Banks’ Sipp and Ssas client book to almost 3,000. As part of the agreement, Curtis Banks takes over Montpelier’s existing adviser connections. […]


CII finds missing exam papers

The Chartered Insurance Institute has managed to track down the exam papers that went missing en route to being delivered to examiners for marking. The papers are now with an examiner and all 35 affected candidates should have their results by end of the week, two weeks later than the results had been expected. A […]


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