View more on these topics

Schroder offers fist full of dollars

Schroder is putting its money on an upturn in the US economy

with the introduction of its North American unit trust.

Schroder&#39s existing North American fund is not available to retail

investors and it will be renamed the Schroder institutional

American fund to make way for the new fund.

The new fund is an American fund that covers a broad range of sectors rather

than a single specialist sector.

It could suit investors who are looking for a broad US fund that is not as risky as a specialist fund such as technology.

Healthcare stocks are seen as good prospects because of the worldwide trend of people living longer. With an ageing population, there is greater need for medicines, treatments and medical breakthroughs. The financial sector is also selected, but consumer goods and energy stocks are not good prospects

because they are considered to be overvalued.

Although the US economy has had its problems in recent months, the cutting of interest rates by the Federal Reserve could kick-start economic recovery later in the year.

According to Standard & Poor&#39s, the Schroder US smaller companies fund is

ranked 4 out of 17 funds based on £1,000 invested on a bid-to-bid basis with

net income reinvested over three years to May 29, 2001.

Recommended

Inside EDGE

I read somewhere the other day a commentator lambasting the life insurance industry for the continuously complex nature of product developments over the years. As someone who has always preferred a more direct and straightforward approach, I do have some sympathy with this point of view. However, it is not that difficult a charge to […]

Nationwide slated on compulsory Cat loans

Nationwide has come under attack from IFAs for calling on the Government to make what advisers claim to be “anti-consumer” Cat standards compulsory on mortgages. In its annual results last week, Nationwide defended its pricing policy by pushing for the Government to introduce legislation making Cat standards compulsory to ensure “a fair mortgage deal for […]

More variations on the survival blueprint theme

It seems every couple of months we get another blueprint for the future of the IFA market. The amount and scope of these plans is always amazing, as no one actually knows what will be the result of the FSA&#39s Treasury-influenced second-stage review of polarisation, which could throw even the best laid plans into disarray […]

&#39Mortgage Brain sale may fall foul of Euro rules&#39

Common trading platform provider Mortgage Brain could fall foul of European rules on restrictive competition, a leading technology expert has warned. Financial Technology Centre director Ian McKenna says the move could come unstuck under the same legislation which led to CTP provider The Exchange being sold off by life offices three years ago. McKenna says […]

UK: mid-year review and outlook

By Mark Martin, manager of the Neptune UK Mid Cap Fund, and Scott MacLennan, manager of the Neptune UK Opportunities Fund H1 2014• Equity markets continued to show strength: despite a strong rally in 2013 driven by a market-wide re-rating, equity markets continued to generate positive returns for investors. Economic activity continued to be stimulated […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment