Six key steps to long term investing
5.Find experts you trust
When markets are unpredictable and volatile, it’s important to know that your money is in safe hands. Take the time to find investment managers who you trust with your money. This can give you peace of mind knowing that experts are working to protect and grow your savings over the long term. Here is a reminder of the approach we take when investing on behalf of our customers:
- we have a stable and experienced team of over 50 investment professionals, most of whom have weathered many past storms in the stock market.
- we take a long-term view of investments and aim to deliver above-average returns over 5 years or more.
- we look for companies that have a solid management team, apply a sound business strategy, have a strong balance sheet and overall, show good prospects for long-term growth.
- we have had a cautious view of some sectors of the market (eg financial companies) and anticipated an economic slowdown for some time. We have been prepared for the current market conditions and maintained a steady approach with our funds, avoiding any knee-jerk reactions to market falls.
Find out more about how we are different.
'The defensive approach we’ve had in place for some time is paying off during the market downturn. We favour companies that are well-managed and less vulnerable to economic weaknesses. These include companies providing essential services like utilities business, Scottish & Southern Energy, and healthcare provider Smith & Nephew.
Andrew Moffat, Fund Manager of our UK Income with Growth Trust
Andrew Moffat, Fund Manager of our UK Income with Growth Trust
