Answers to Quiz

The correct answers shown in red, the wrong answers are in plain text, comments are in green and the marking system is in blue. 1. What is a gilt? An easy one to start. (a) a corporate bond (b) a government bond (c) a type of gold (d) the expression on your dog’s face when it pinches food off the …

Woodford Equity Income Fund

It has been announced today that the Woodford Equity Income fund will be wound up. Previously the intention was to re-open the fund once illiquid unquoted stocks were sold but this is now considered not to be in investors’ best interests. The decision was made by Link Fund Solutions Ltd, the Authorised Corporate Director (ACD) of the fund not Woodford …

Brexit – Outlook for the economy

Yesterday I listened once again to the excellent Karen Ward, a Chief Market Strategist at JP Morgan Asset Management. Prior to this role she was Chair of the Council of Economic Advisers for the Chancellor of the Exchequer advising the Chancellor on macroeconomic issues including fiscal strategy and Brexit. Previously she worked for a decade at HSBC’s investment bank in …

Investment Trusts – Part 2

Before reading this article you may need to read part 1 written just over a month ago in order to refresh your memory on the technical backdrop. However to remind you of the key point – investment trusts have a closed end structure in contrast to OEICs and unit trusts which are open ended funds. Investment trusts have a limited …

The Small Print

The contents of these muses are my own opinions, should not be taken as a personal recommendation to invest in the areas mentioned and does not replace the need for individual independent advice.