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Can you recommend good General investment trust?

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  • ps3home
    ps3home Posts: 107 Forumite
    Sounds like unit trusts are my best option then? Now I just need to find the right one, I guess any of these would be good? http://www.money.co.uk/unit-trusts.htm
    Not sure if one stands out for my situation?
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I personally like investment trusts, and they take from 20 per month (invesco perpetual).

    I like Foreign and Colonial, and Witan for generals.
  • masonic
    masonic Posts: 27,223 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 19 May 2015 at 8:26AM
    ps3home wrote: »
    Sounds like unit trusts are my best option then? Now I just need to find the right one, I guess any of these would be good? http://www.money.co.uk/unit-trusts.htm
    Not sure if one stands out for my situation?
    There are literally thousands of choices. Don't allow a list on one website to narrow it down for you. Example questions that you should ask yourself are:

    Do you want the flexibility to be able to invest in or switch between funds from different companies within one account?
    Would you be comfortable with being sure to obtain average market performance or do you want to try to beat the market by putting your money behind an active manager (at the risk of getting below average perfortmance)?
    How much diversification across different regions of the world would you prefer to have?
    Are there any specific things that you do not want to be invested in?

    When you've answered those questions, you would probably narrow down your options considerably.
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