View more on these topics

Framlington selects best of British

Framlington has designed the best of British Isa, which invests in the Framlington UK growth trust and UK smaller companies fund.

Investors can choose how the split their investments between the two funds, but the standard option is 80 per cent in the UK growth trust and 20 per cent in the UK smaller companies fund.

The UK growth trust aims to produce growth by investing in large and medium capitalisation companies in the UK. It is made up of around 55 to 65 stocks which will be selected if they show above average profitability, good growth prospects and have good quality management.

The Framlington UK smaller companies fund also aims for capital growth invests in a portfolio of smaller companies in the UK, which are researched with the aid of brokers and analysts. Sectors include property, retail, healthcare, electronics and aerospace.

The UK is an attractive place to invest as it has suffered less than some regions since the US-led slowdown impacted on the rest of the world. It is also an area that many Isa investors feel most comfortable with.

Consumer confidence in the UK has remained high following a series of interest rate cuts and there are some attractive stocks to be found among companies that appear undervalued. However, investors who want to put more than the standard 20 per cent into UK smaller companies to boost potential growth would also be hiking up the level of risk.

According to Standard & Poor&#39s, the Framlington UK growth trust is ranked 20 out of 294 funds and the Framlington UK smaller companies fund is ranked 15 out of 75 funds based on £1,000 invested on a bid-to-bid basis with net income reinvested over one year to January 7, 2002.


Friends Provident International – Global Portfolio

Thursday, 10 January 2002. Type: Sicav. Aim: Income and growth by investing in a choice of Japanese equity, North American equity, global bond, global equity, global balanced, global socially responsible, European equity. Minimum investment: Lump sum $4,000. Place of registration: Luxemburg. Investment split: Choice of Japanese equity, North American equity, global bond, global equity, global […]

HBoS completes senior management team

The asset management arm of HBoS has announced the completion of its senior management team with the appointment of Keith Lovett as chief operating officer. Lovett will be responsible for all operating areas including finance, investment administration, performance analysis and IT. He will work alongside chief investment officer Michael Deakin and managing director Gary Mairs […]

Widows is first to slash WP bonuses

Scottish Widows has become the first life office to admit to huge cuts in with-profits bonuses by slashing rates on some policies by up to 33 per cent.The news comes as Skandia claims with-profits payouts will plummet by more than 60 per cent for policies maturing in the next 20 years.Widows says it is cutting […]

Networks may face huge IFA review claims

IFAs could hit their networks with claims running into tens of millions of pounds over the cost of the pension, FSAVC and endowment misselling reviews, according to financial services law firm ProAct Legal.The law firm is writing to thousands of network members offering no-win-no-fee participation in a class action against their networks.ProAct principal Gareth Fatchett […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm