NEW STOCKS & SHARES ISA

Alexander Forbes Wealth Management has launched a Stocks & Shares ISA, which offers a range of six ‘best of breed’ funds for clients to select from and invest in their ISA. These funds suit varying levels of risk appetite and are focused on income producing assets and global trends, which may provide a level of protection against possible inflation during 2011.

Investors in the Alexander Forbes Stocks & Shares ISA can choose from three income producing funds and three global growth funds:

Income Producing Funds:

  • Standard Life UK Equity High Income 
  • M&G Optimal Income 
  • M&G Property Portfolio Inc 

Global Growth Funds:

  • Baring Multi Asset 
  • Aberdeen Multi Asset
  • Pictet Global Megatrends

Hilary Brown, Investment Strategist at Alexander Forbes, comments:

“With low interest rates, rising inflation and the tax burden set to jump sharply from April for many people, it is more important than ever to take advantage of the annual ISA allowance, but deciding where to invest can be daunting. To make the decision-making process easier, we have researched the market and selected a range of six funds with varying levels of risk, focussing on income producing assets and global trends, which may help protect savings against possible inflation during 2011.

“Our income fund choices offer the opportunity of a high level of income now and, in the case of Standard Life UK Equity High Income, capital and income payments that should grow ahead of inflation over the medium to long-term. The growth funds seek to increase capital and preserve purchasing power by investing in the trends that are powering the global economy.”

Key points

  • Online applications must be made by 5 April 2011
  • Postal applications must be received by 1 April 2011
  • Investors can make lump sum investments, minimum £500 per fund, or monthly payments by direct debit, minimum payments of £50 per fund.
  • Applications can be made online at www.alexanderforbes.co.uk/ISA, or forms can be downloaded from the site or requested by phoning 0800 917 1582.
  • The Alexander Forbes Stocks & Shares ISA is operated via Cofunds, the UK’s largest independent investment platform.

For further information, visit www.alexanderforbes.co.uk/ISA or call 0800 917 1582.