View more on these topics

Schroders look at UK growth

Schroder&#39s UK dynamic growth fund is aimed at investors who are looking to expand their portfolio by investing in promising companies in the UK.


UK dynamic growth will track the Salomon Smith Barney broad market UK growth index. It will invest in companies that show good growth potential across a wide range of sectors. This will include companies such as HSBC, Reuters, Pearson, Smithkline Beecham and Vodaphone.


The UK economy is still stable, with no sign of a possible downturn, although there might be short-term affects caused by Chancellor Gordon Brown&#39s pre-budget statement on Wednesday November 8. This may not address fuel protesters demands for a drop in fuel tax and may result in another fuel crisis and problems for the economy.


Also, if the Government decides to go to the country in 2001, this too may add uncertainty to UK markets. The fact that UK dynamic growth will invest over a range of sectors should provide stability though.


According to Standard & Poor&#39s the Schroder UK equity fund is ranked 73 out of 235 funds, based on £1,000 invested on a bid-to-bid basis with net income reinvested over three years to October 30, 2000.

Recommended

HSBC trust range in switch to Oeics

HSBC has converted its entire range of unit trusts to Oeics, opening a range of new funds to IFAs.The bank is merging its IFA and bank branch fund ranges into 23 funds grouped under three umbrella Oeics. The total fund range has £5bn in funds under management and stands to benefit from a reduction in […]

Nigel Chambers

In terms of opportunity for building up a corporate client base, stakeholder ranks alongside the introduction of Serps and contracting-out in 1978 and personal pensions in 1988.We have less than a year before 300,000 companies need to have stakeholder or stakeholder-exempt arrangements in place. This is a major challenge which I believe the IFA sector […]

Holden and Friends go ethical on stakeholder

Holden Meehan Independent Financial Advisors and Friends Provident are launching an ethical stakeholder pension plan in a joint initiative this month. The main features of the plan include flexible contributions which can be paid at any time and the facility to accept transfer payments from other approved pension arrangements. The plan also has no set […]

Widows applies for stakeholder registration

Scottish Widows has submitted its application for registration as a stakeholder pension scheme with the Pensions Scheme Office. It has also submitted an application for provider status to the FSA.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment