how do i invest in the allianz rcm global agricultural trend as a private investor?

china_crisis

please can someone tell me the above please. i rang allianz and was informed its not available to private investors.

Voyager2002

Why do you want this fund?

Anyway, you need to find an IFA.

china_crisis

Voyager2002 wrote: »

Why do you want this fund?

Anyway, you need to find an IFA.

long term investment, reasons being global population increasing by 3 billion in 50 years, emerging market nations becoming richer and are changing their diet, world turning to bio fuels and 25% of US corn went into making bio fuels.

i didnt need an ifa when i invested directly into a managed emerging market fund last week so what is the difference with this fund?

Reaper

Not sure why you would contact them directly as that is an expensive way to buy funds. Much cheaper to go via a discount broker. I just checked and you can buy through H-L saving you the 5% fee:
http://www.h-l.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/a/allianz-rcm-global-agricultural-trends-gbp-income

china_crisis

Reaper wrote: »

Not sure why you would contact them directly as that is an expensive way to buy funds. Much cheaper to go via a discount broker. I just checked and you can buy through H-L saving you the 5% fee:
http://www.h-l.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/a/allianz-rcm-global-agricultural-trends-gbp-income

thank you reaper. you'll have to excuse my ignorance as i'm not a hardened investor. i thought if i went direct i would be cutting out a middleman.

what i bought into previously is templeton emerging markets investment trust plc. i invested 3k of which £2945.75 was the cost of the shares, £14.73 stamp duty, £34.62 transaction charge and £4.90 cash carried forward.

is this agricultural fund a different type/class of investment to the above? when i click on the link you gave it states initial charge 5% initial saving 5%, i understand that to mean the usual charge would be 10% or have i misunderstood?

i really appreciate your help in this matter.

joerugby

china_crisis wrote: »

thank you reaper. you'll have to excuse my ignorance as i'm not a hardened investor. i thought if i went direct i would be cutting out a middleman.

what i bought into previously is templeton emerging markets investment trust plc. i invested 3k of which £2945.75 was the cost of the shares, £14.73 stamp duty, £34.62 transaction charge and £4.90 cash carried forward.

is this agricultural fund a different type/class of investment to the above? when i click on the link you gave it states initial charge 5% initial saving 5%, i understand that to mean the usual charge would be 10% or have i misunderstood?

i really appreciate your help in this matter.

Nope it means initial charge zero

dunstonh

thank you reaper. you'll have to excuse my ignorance as i'm not a hardened investor. i thought if i went direct i would be cutting out a middleman.

No. its typically more expensive to buy direct. The "middleman" can choose to discount. Whereas buying direct they sell at full retail price.

is this agricultural fund a different type/class of investment to the above?

You say you bought an investment trust before. This fund is SICAV. Both are very high risk but you already know that.

china_crisis

dunstonh wrote: »

No. its typically more expensive to buy direct. The "middleman" can choose to discount. Whereas buying direct they sell at full retail price.


You say you bought an investment trust before. This fund is SICAV. Both are very high risk but you already know that.

well, you live and learn. i hope you saw my logic though!

ok so if i buy through this site, i assume my investment will be held electronically? also will i be charged a 5% fee which will be reimbursed to me or will there be zero fee?

all this is much appreciated.

Reaper

If you went direct they would charge you the 5% fee by reducing the amount that got invested. If you go via H-L they will tell the fund managers they do not want to receive the fee (which they were entitled to be paid for introducing you) so instead the money will be used to buy extra units.

Always worth going via a discount broker for Unit Trusts, though that is not necessarily true of Investment Trusts.

Also consider getting HL to group all your fund choices in a S&S ISA if it is within the annual limits.

If you want to read more about discount brokers Martin has an article here.