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Julian Gibbs

One of the very best boutique fund management groups is Neptune Investment Management, founded by Robin Geffen. Two-thirds of the shares are held by Geffen and his senior employees. He has won many awards since 1995 and has wide experience of world markets.

All Neptune&#39s funds are top decile or close since launch or over three years. The global equity, Japan opportunities and European opportunities funds performed exceptionally well last year while the recently launched income fund has made an excellent start and is the highest yielding of the top 10 funds in the UK income sector since launch. It now yields about 4.5 per cent.

I like this fund particularly because Geffen himself manages it and all his Sipp contributions have been invested in it, so he has every incentive to do well for his investors. The fund invests almost equally in 30 different shares with yields averaging at least 10 per cent above the yield on the FTSE All Share index, with the prospect of dividend growth and therefore capital appreciation.

It is fully invested in equities at present and is now investing in undervalued companies, some of which were former growth stocks. It also invests in some overseas stocks.

The fund is actively managed and holdings are sold when they have reached Neptune&#39s target prices. It has a core holding in a number of stocks which have consistently demonstrated their ability to grow earnings and dividends.

I believe this fund is ideal for investors seeking an equivalent income to building societies&#39 best rates and prospects of capital growth. It is an ideal investment for an Isa, Sipp or SSAS or in the long term for children and trustees.


Liv Vic extends extra allocation offer

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Standard may need to sell loan and healthcare arms

Standard Life could be forced to sell off its Standard Life Bank and Standard Life Healthcare if it wants to remain mutual, according to a leading City analyst.The analyst, who spoke on the condition of anonymity, says the subsidiaries would only be likely to remain within Standard Life if it committed to demutualisation. The analyst […]

And the loser is…

Life office chief executives around the UK this week will be shuddering at the thought of winning the CE of the year gong at the IFA and Provider Awards of a downmarket rival in 2004 after last year&#39s winner took an early bath last week.Compared by some to the infamous football club chairman&#39s vote of […]

Bristol & West – Family Protected Savings Plan

Type:Capital-protected unit-linked endowment Aim:Growth linked to the performance of the FTSE 100, S&P 500, Nikkei 225 and Swiss Market Index Minimum sum assured/premium:£2,250/£25 a month Term:10 years Return:Up to 85% growth in indices Guarantee:Original capital returned in full at end of term regardless of performance of indices Closing date:March 15, 2004 Commission:£80 Tel: 0845 111 […]


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