Tom Bailey

Fee calculator launched to compare fund platforms

A new fee calculator tool has been launched to help investors better understand how fund platform charges significantly vary depending on the amount invested.

According to Boring Money, the consumer finance website, investors face an uphill task to compare the platform market due to complex fee structures, often shown in percentages. Although a small number, including interactive investor, Money Observer’s parent company, charge a fixed fee.

The top 20 investment trusts being sized up by investors

The Association of Investment Companies (AIC) has revealed the 20 investment trusts that received the most website page views in the first half of 2019.

The number of page views a trust gets on the AIC’s website can be taken as indicative of what investment trusts, or types of investment trusts, investors have been interested in.

The 10 most experienced investment trust managers

Half of all investment trust have been managed by the same person for 10 years or more, according to research by the Association of Investment Companies (AIC).

A total of 94 investment trusts, representing 50% of all trusts that are members of the AIC with a track record of 10 years or more, have had their manager for over a decade. Meanwhile, around 10% (19 trusts in total) have had their manager for more than 20 years.

Bank of England and FCA mull new rules for open-ended funds

The Bank of England is considering new rules to help open-ended investment funds cope with waves of redemptions.

In its Financial Stability Report, the Bank said that it would work with the Financial Conduct Authority to look at the risks associated with the liquidity mismatch of open-ended funds that invest in illiquid assets.

The long-term cost of failing to reinvest dividends

Investors who fail to reinvest their dividends could see their portfolio worth almost half as much over the long-term, according to data from Fidelity.

The analysis showed that investing £100 per month in the FTSE All Share index over the past 30 years and reinvesting all dividends would have produced a portfolio worth £130,140.

Isa millionaires: the fortune formula

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The individual savings account turned 20 years old this year. First introduced in 1999 by the then chancellor Gordon Brown to replace the share-focused Pep (personal equity plan) and cash Tessa (tax-exempt special savings account), the Isa has proved an invaluable tax wrapper for UK investors and savers.

The best and worst FTSE 100 shares so far this year

Once again, the FTSE 100 bucked the UK’s political and economic uncertainty, producing an overall return of 10.4% in the first half of 2019.

However, despite the solid gains, the FTSE 100 remains cheap. As Russ Mould, investment director at AJ Bell, notes: “It is still possible to argue that UK stocks look cheap and fund flow data suggests they remain unloved.”

But which FTSE 100 shares gave investors the best and worst returns so far this year?

Top 10 most popular funds: June 2019

June saw little change to the line-up of the most bought funds, according to data provided by interactive investor, Money Observer’s parent company.

As in the previous month, the table was dominated by active funds run by respected fund managers or the various passive strategies offered by Vanguard.