With tens of thousands of individual funds available for UK investors, how on earth do you know where to start? We’ve recently been doing our annual due diligence round at Jacksons and this year we enlisted the help of a firm called The Paraplanners. This process has been headed up by today’s guest, Glyn Chetwynd, who runs an investment consultancy called Capital and Risk. Fair to say, Glyn knows his onions about how to choose investment funds, so I’m looking forward to picking his brains on your behalf. Stay tuned…
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In this session you will discover:
- What are the biggest mistakes made by new investors
- How non-experts can do their own fund research
- The single most important measure you need to know and understand when comparing funds
- What other measures can be helpful for beginners in thinning out the field
- Why you should ignore all marketing spiel
- Whether there really is such a thing as a fire-and-forget investment solution
There are loads of nuggets in there, and so much more potentially to cover than I could realistically do in 30 minutes or so. But remember the key things to look for: quartile rankings, standard deviation and Trustnet and Morningstar ratings.
My thanks to Glyn for being such a legend. For a full transcript of our conversation, click the button below:
Resources mentioned in this week's show
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No new reviews this week as I am recording a bunch of sessions in rapid succession in anticipation of having a couple of weeks off in August – can't wait!
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