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Close Asset Management – Close Discretionary Funds: Close Tactical Select Passive Growth

Close Asset Management – Close Discretionary Funds: Close Tactical Select Passive Growth

Type: Unit trust fund of funds

Aim: Growth by investing in UK and global equities, fixed interest and specialist sectors using passively managed investment funds and exchange traded funds managed to a growth risk profile

Minimum investment: Lump sum £1,000

Investment split: 100% in UK and global equities, fixed interest and specialist sectors

Isa eligible: Yes

Charges: Initial 5%, annual 0.6% plus 0.15% admin fee

Commission: Agreed between adviser and client

Tel: 020 7426 4074




Miliband slams Govt business tax changes

Labour leader Ed Miliband is to attack the coalition for building a tax system which benefits banks at the expense of other sectors, promotes short-termism and dissuades investment in company infrastructure. Deputy Prime Minister Nick Clegg today announced the 492 firms who have been successful in bids for money from the regional growth fund, worth £950m. […]


FTSE 100 steady after Greek PM secures referendum backing

Greek prime minister George Papandreou has secured backing from his cabinet for a referendum on the next bail-out package. The referendum is due to take place as soon as possible, with reports suggesting a December vote. It has been a tumultuous couple of days for the Greek leader. Defence chiefs were sacked over speculation of […]


Capital Economics: ‘Debt crisis will lead to demise of euro’

Capital Economics says the crisis engulfing the eurozone will lead to recession and the eventual demise of its single currency in its current form. European equity markets fell today following Monday’s announcement of a Greek referendum on the latest aid package to solve its debt crisis. The FTSE is down 2.5 per cent, while the […]

A modern horror story

Every day a quick scan of the news reveals some new horror that will change the lives of those involved forever – the unlucky accident on the way to work, a tragic illness that cuts a young life short or the holiday accident that leaves more than just a scar to cope with. We barely […]


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