By Mark Martin, Head of UK Equities, Neptune Investment Management
The start of 2016 has been one of the most tumultuous periods in recent years for UK markets, with the FTSE 100 Index briefly entering bear market territory in the middle of January. Fuelled by a collapse in the oil price and escalating concerns over China’s slowdown, the FTSE 100 has fallen by more than 11 per cent since the start of the year. Similarly, the FTSE 250 Index has fallen by almost 13 per cent across the same period.* Furthermore, intra-day movements have been very wide-ranging.
*Source: Lipper as at 12.02.16
Important information: Investment risks
This fund may have a high historic volatility rating and past performance is not a guide for future performance. The value of an investment and any income from it can fall as well as rise as a result of market and currency fluctuations and your clients may not get back the original amount invested. A majority of the investments made by the funds may be in securities of small and medium sized companies. Such securities may involve a higher degree of risk than would be the case for securities of larger companies. Neptune funds are not tied to replicating a benchmark and holdings can therefore vary from those in the index quoted. For this reason the comparison index should be used for reference only. References to specific securities are for illustration purposes only and should not be taken as a solicitation to buy or sell these securities. Please remember that forecasts are not a reliable indicator of future performance. The content of this document is formed from Neptune’s views as at the date of issue. We do not undertake to advise you as to any change of our views. Neptune does not give investment advice and only provides information on Neptune products. Please refer to the Prospectus for further details.