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Where to invest in the credit crunch
Comments
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Thanks ozzage that is really helpful and sounds more like what I am looking for. I'll take a look.0
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The Invesco Perpetual ones are fairly well regarded, I believe. There are other similar funds of higher or lower risk profiles (different sorts of bonds) but this is the one for Corporate Bonds. It's paying around 7% at the moment (which is tax-free in an ISA)
Dividends are always taxed 10%, in ISA or not.0 -
But the Corporate Bond fund mentioned doesn't pay out dividends, it pays interest.0
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Funds in the fixed interest sector are able to claim it back. Equity funds cannot.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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