You are here: Home - Saving & Banking - News -

TD Waterhouse investors looking East

Written by:

Investors with TD Waterhouse think the Chinese Year of the Rat – an animal regarded as a bringer of wealth through its shrewdness – bodes well for investment choices.

Looking East, Gartmore’s China Opportunities fund continuing to remain popular. It was the most popular fund of the year among TD Waterhouse investors in 2007, and accounts for 19% of the funds bought and sold last month.

Meanwhile, Blackrock’s ML Gold & General Account, which was the second most popular fund among TD Waterhouse investors last year, takes over the top spot in January, accounting for 32% of the funds bought by TD Waterhouse investors during the month.

Angus Rigby, chief executive of TD Waterhouse, said: “As we count down to this summer’s Beijing Olympics and according to our recent investor fund volumes, TD Waterhouse customers are increasingly looking East for their investment options.

“However, with gold prices reaching record highs in January, hitting almost US$930 per ounce at one point, it comes as no surprise that Blackrock’s ML Gold & General Account has been by far the most popular fund for our investors, accounting for almost a third all funds bought during the month.”

The majority of funds are bought and sold within a TD Waterhouse self-select ISA, which allows investors to diversify their ISA holdings so they can also be used to hold unit trusts, shares, investment trusts, gilts or bonds without being limited to one provider’s own branded funds. This also enables investors to broaden their horizons when managing their portfolio to include more exotic funds or markets they may not have previously considered.

Rigby added: “Having a diversified ISA portfolio can be the key to a successful investment strategy. Of course, any investment comes with some form of risk, but by spreading assets across a variety of different fund choices, losses from one sort of investment can be offset by gains in another.”



Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
Lipper issues January fund review

Four of the top five performing funds in January were commodity related, according to Lipper.