Question: UK Equities is a rather broad subject matter….What current equity funds do the panel suggest as an attractive proposition for a new investor?
Answers: Kevin Murphy - Schroders An equity fund is simply a fund which invests in shares. Most equity funds fall under the umbrella term mutual funds. A mutual fund is a professionally managed investment vehicle, consisting of a number of diversified investments which are owned jointly by a group of investors. In the UK, most mutual funds have a unit trust or open ended investment company (OEIC) structure. Investment advice is best given on the basis of an in-depth understanding of an investor's investment objectives, time horizon and attitude towards risk. As investment managers ...
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