There’s something gratifying about accumulating money over time in order to invest for a future goal. There are plenty of different investment options available Each one has the possibility of a return that may beat inflation. It is crucial to consider the various kinds of investments and how they’ll fit within your overall financial objectives.

Funds and investments

A fund is an investment which pools your money as well as the money of other investors and invests it into diverse assets. This allows you to spread your risk as you are not dependent on the performance of one asset type. For example, a UK Equity Fund will consist of shares from various British companies.

However, you can find funds that offer a range of different kinds of assets or specific sectors. This means there is a fund to suit all investors, regardless of level of experience, investment timeframe or risk-taking approach.

Bond funds are a well-known option for investing. They are comprised of IOUs (debt) generally from companies or governments – and can be an investment that is less volatile than stocks. However, they can be affected by changes in interest rates and the credit rating of the issuer.