Assessing your needs

When you’ve decided which type account is right for you – either an Individual Savings Account (ISA), or an Investment Account – you will then need to choose which funds to invest in.

Create an investment strategy

Different investment funds have different investment objectives and also carry different levels of risk. Therefore, before choosing your investments it makes sense to create an individual investment strategy by assessing your investment goals and your attitude to investment risk.

Investment goals

Ask yourself what you are looking to achieve from your investments. You can invest for capital growth, income, or a combination of the two.

Attitude to risk

Your attitude to risk will be affected by how long you intend to invest for and how comfortable you are with the fluctuations in the value of your investments. Please remember the value of investments and any income from them can fall as well as rise, and you may not get back the full amount invested.