Unit Trusts
A unit trust is a popular investment option among individuals who want to invest in stocks and shares but have limited time and/or experience to do so independently. These investments are already diversified by a fund manager to reduce your risk exposure. However, you should still select a unit trust that matches your needs and risk preferences.
Taylor James financial adviser can support your investment decision and even recommend alternative options.
What is a unit trust?
A unit trust is an investment vehicle whereby individuals – called unit holders – invest money into the unit trust, which is then managed by a fund manager.
The fund manager invests all investors’ money into a portfolio of stocks and shares to achieve optimum returns. The portfolio is split into units, which is what you can invest in.
How does a unit trust work?
A general unit trust investment starts with your investment being pooled together with other investors’ money. The fund manager will then invest the funds across a range of different stocks and shares. Diversifying the investments allows the fund manager to reduce the risk of the investment portfolio.
The portfolio of investments is then split into equal units. Each one includes diverse assets to mitigate investment risk. Investors can then buy one or more of these units. You can then hold onto the unit for as long as desired, which may be until the unit increases by a certain value, or in the case of a decreasing unit value, to exit the unit and cut your losses. Selling your unit is usually quick because there will be other investors willing to purchase the unit in real time.
Key considerations before choosing a unit trust
There are multiple considerations before deciding to invest in a unit trust, and then further considerations when selecting which unit to invest in. Some of these considerations are:
- The level of risk you’re willing to take
- The flexibility and access to your funds
Key considerations before choosing a unit trust (continued)
- The fees you’re willing to pay
- The preferred duration of your investment
- Your investment goals
- The unit trust’s previous performance and fund manager’s track record. Although, past performance isn’t an indication of future performance.
Benefits of financial adviser unit trust advice
Acquiring the services of a financial adviser will ensure you fully understand the pros and cons of each unit trust option before entering into the investment. They can provide a personalised assessment so you can consider only the most suitable unit trusts options, based on preferences and personal risk exposure limits. Your consultation with a financial adviser may even bring other investment options to your attention.
Taylor James unit trust services
Taylor James offers professional investment advice that is both patient and personalised. For a truly bespoke investment advice service, look no further than our friendly advisers.
Call us today for a no obligation chat about planning your financial future.
Call: 0203 859 3320
Email: contact@taylorjamesfs.co.uk
Please note:
- The value of investments and the income they produce can fall as well as rise. You may get back less than you invested.
FAQs
Although the UK state pension should theoretically provide enough money for a comfortable retirement, this isn’t always the case. The exact amount you need to retire will depend on personal factors, primarily the lifestyle you wish to lead during retirement and the age you wish to retire. You may need to consider additional pensions or long-term investments to retire comfortably and / or at a time you prefer.
Our advisers assess your personal situation, individual preferences and retirement goals to recommend different pension or investment options. Our team equips clients with the correct knowledge to make informed decisions. We do not pressure clients into choosing a certain type of pension or investment. Our advisers will always make clients aware of any drawbacks or risks of a pension product or investment option, respectively.
You can get pension and investment advice at any age. We offer our pension and investment advisory services to people of all ages without discrimination. We never judge people for choosing our services at a young or older age and only focus on providing the best possible advice for their situation. Do not hesitate to contact our advisers to get started.
There are pros and cons of using a pension or investment to fund retirement. These are best discussed with a financial adviser who understands your exact situation and retirement goals. Some retirement planning strategies will include both pensions and investments. The best option depends on the individual, their retirement goals and risk tolerance.
FAQs
Although the UK state pension should theoretically provide enough money for a comfortable retirement, this isn’t always the case. The exact amount you need to retire will depend on personal factors, primarily the lifestyle you wish to lead during retirement and the age you wish to retire. You may need to consider additional pensions or long-term investments to retire comfortably and / or at a time you prefer.
Our advisers assess your personal situation, individual preferences and retirement goals to recommend different pension or investment options. Our team equips clients with the correct knowledge to make informed decisions. We do not pressure clients into choosing a certain type of pension or investment. Our advisers will always make clients aware of any drawbacks or risks of a pension product or investment option, respectively.
You can get pension and investment advice at any age. We offer our pension and investment advisory services to people of all ages without discrimination. We never judge people for choosing our services at a young or older age and only focus on providing the best possible advice for their situation. Do not hesitate to contact our advisers to get started.
There are pros and cons of using a pension or investment to fund retirement. These are best discussed with a financial adviser who understands your exact situation and retirement goals. Some retirement planning strategies will include both pensions and investments. The best option depends on the individual, their retirement goals and risk tolerance.