On The Money

Tom Bailey, interactive investor’s collectives editor, deep dives into the history of exchange-traded funds (ETFs) with guest Mark Fitzgerald, head of product specialism at Vanguard. The pair discuss the provenance of ETFs, aiming to give listeners a better understanding of them and how to use them, before considering the big themes in a mushrooming market. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.

In this episode, interactive investor experts Kyle Caldwell and Tom Bailey discuss the fund sector facing an ISA ban and portfolio activity for the Scottish Mortgage investment trust, before they are joined by global fund manager Zehrid Osmani, who runs several unconstrained funds for Legg Mason Martin Currie and is lead manager of the Martin Currie Global Portfolio Trust. Osmani talks megatrends of the future and investment themes within those trends, and why he doesn’t rely on the FAANG stocks. Finally, the focus shifts to the Baillie Gifford Positive Change fund, a new addition to interactive investor’s ACE 40 list of ethical investments. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.

Hugh Grieves, manager of the multi-cap Premier Miton US Opportunities fund, which appears on interactive investor’s Super 60 list, discusses the fund’s ambitions, its top holdings, and investing beyond the FAANG stocks. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.

Bryn Jones, lead manager of the Rathbone Ethical Bond fund, which appears in interactive investor’s ACE 40 and Super 60 lists, discusses the fund’s income focus, top holdings, philosophical shift from “pure ethical” to “ethical sustainable”, smart cities and more. Podcast recorded on Friday 6 November. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.

Catherine Stanley of the BMO Responsible UK Income fund, which appears on interactive investor’s ACE 40 list of ethical investments, discusses the fund’s objectives, top holdings, where she’s finding outstanding tech firms, and the mushrooming demand for ESG (environmental, social and corporate)investing. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.

interactive investor experts Kyle Caldwell and Tom Bailey share their insights on current investing themes, the US election and investment trust launches, before being joined by Keith Ashworth-Lord of the CFP SDL UK Buffettology fund. The fund manager discusses his stock-market shopping spree following the Covid sell-off, why there is misplaced negativity towards UK equities, and the proposed launch of the Buffettology Smaller Companies Investment Trust. Finally, the spotlight for this episode falls on Fundsmith Equity, which appears on the ii Super 60 list of investments. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.

What are the origins of innovation in biotech? Ailsa Craig, investment manager of the International Biotechnology Trust, discusses where great companies begin, US election outcomes, and why the outlook for the sector is a sunny one. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.

Where are investors finding high-growth opportunities in emerging and frontier markets? Carlos von Hardenberg, lead portfolio manager of Mobius Investment Trust, talks to interactive investor about investing in the small caps, achieving double-digit returns, finding opportunities in India, having skin in the game, and how emerging markets are catching up with developed markets in the tech space. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.

Hugo Ure, co-manager of the Troy Income and Growth investment trust, talks to interactive investor’s head of markets Richard Hunter about performance, new additions to the portfolio and sectors in his sights. He also discusses crossover holdings between the trust and Trojan Ethical Income fund, which he also managers and that appears on our ACE 30 rated list of ethical investments. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.

Independent expert Andrew Pitts and interactive investor’s collectives editor Kyle Caldwell turn their gaze on the latest industry news, focusing on UK investment trust launches and the record outpouring of money from UK-focused equity funds. The duo are joined by Simon Gergel, manager of Merchants Investment Trust, which is one of the AIC’s “dividend heroes”, having raised its dividend every year for 38 years. Gergel discusses the trust’s performance, the polarisation of high-growth and value companies, and the three sectors he has been adding to. Finally, Teodor Dilov, fund analyst at ii, names his investment trust of the week from the ii Super 60 list of investments. Podcast recorded on 6 and 7 October 2020. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.