Best Fund To Invest In?

[pudha]

Sorry in advance if this thread is in the wrong section.

I'm looking for a fund to invest about £200 a month in, for about 5 years, preferably a high risk fund.

I'm not sure which investment companies I should go with as there are so many!

Any help will be good

 

[pudha]

I want a reputable company. Something from Fidelity, Barclays, JP Morgan, u know the main players.

Was wondering if someone could point me to the right fund so I can question these firms further

 

[Jack o'Clubs]

Trustnet is a good place to start. You can filter the stocks by performance, etc quite a useful resource.

 

[One Eyed Shark]

Also worth exploring brokers who offer a fund of funds.

You will get the exposure to potential growth but your risk will be better managed

 

[pudha]

How do ISA's work in relation to funds?

It is recommended to open an ISA with whatever fund you have for tax relief. Basically, once I withdraw money out of the fund, I transfer it to an ISA?

For example, if I go for an Emerging Markets fund, if I decide to take the profits, would I shift the cash into an ISA?

Sorry, just a little confused on how this works

 

[breadman]

How do ISA's work in relation to funds?

It is recommended to open an ISA with whatever fund you have for tax relief. Basically, once I withdraw money out of the fund, I transfer it to an ISA?

For example, if I go for an Emerging Markets fund, if I decide to take the profits, would I shift the cash into an ISA?

Sorry, just a little confused on how this works

pudha,
You can put up to £7200 into a ISA in any tax year. You can have capital gains of £9200 in any tax year before you pay tax. If you wish you can open a ISA, deposit the £200 per month into the ISA and then invest that money into whatever funds you wish.
As you have asked about what funds to invest in I will give you a list to look at. This is not a recommendation to invest in these funds as that is a decisions only you can make, but they have performed well over the last few years.I would look for funds that have averaged 20 % per year over a five year period, so they would have doubled your money over the last 5 years.
Fidelity European
Threadneedle European Smaller Companies
Aberdeen Emerging Markets
First State Global Emerging Markets
Lazard Emerging Markets
JP Morgan New Europe
Merrill Lynch Gold & General
Credit Suisse Alpha Income
F&C Stewardship Income
Invesco Perpetual Income
Juipter Income
Rathbone Income
Neptune Global Alpha
Artemis European Growth
CF Odey Continental European
JP Morgan Natural Resources
Blackrock UK Absolute Alpha ( this is a new fund that has done well over the last year even though the market has fallen. They can short shares which has helped them outperform the market)
Having said that I would not invest any of my money in any fund over the next few years as I think the stock markets around the world are heading down, maybe until the middle of 2011.

 

[ritcherd]

That's a good list you've put together there breadman. It's also very true to say that it might not be the best time to invest money right now as the stock markets are in turmoil, our whole financial system is likely to change.

If you want to know a little more about how to manage risk effectively when investing take a look at my site Richard Holbrook Companies under wealth. I would suggest that growth which you're likely to achieve comes much more down to your asset allocation rather than the funds which you're invested in. I've seen a bunch of interesting illustrative charts in the past which highlight how a fund can be best in it's sector one year and then drop right down the table in following years. Choosing single funds is dangerous game.