Bestinvest publishes ‘Premier Selection’ of funds and investment trusts to aid DIY-investors13 August 2013
Bestinvest, a leading provider of services for DIY-investors, has today published the latest edition of its Premier Selection. The guide provides information on the investments rated highly by Bestinvest’s large research team.
While a number of brokers publish lists of funds that investors might consider buying, these are often restricted to commission paying funds and do not include investment trusts, even though these often delivered superior returns. However, Bestinvest has long-research rated investment trusts and investment companies, with 79 of these currently featured in the Premier Selection alongside 122 open-ended funds.
Bestinvest uses a star-rating system running from one-star (poor) through to five-stars (exceptional). The Premier Selection includes all funds rated three-stars (high quality) or more, so investors can see the strength of conviction Bestinvest has in a particular fund.
Investments are selected on a combination of quantitative analysis and qualitative factors, with the starting point being analysis of the career track records of individual managers across the firms they have worked at and performance attribution analysis to see what factors have contributed to outperformance and how consistent this has been.
Bestinvest’s analysts will then look at factors such as risk management, investment style, resourcing issues, potential capacity constraints and how well the manager’s interests are aligned with those of investors. The team typically undertakes over 400 face to face meetings a year as part of its quest for those funds which they believe will deliver long-term value for investors after the impact of costs.
Jason Hollands, Managing Director of Bestinvest, commented: “With well over 2,000 funds available on our Select platform alone, plus investment trusts, ETFs and stocks and shares, we find that our large number of DIY investors value access to our research and guidance tools to navigate the maze and once invested to monitor and manage their portfolios.
It is a fact that most fund managers disappoint over the long-term so in researching investments it is important to start with a wide universe, which should include investment trusts and not just open-ended funds - but then to be super-selective. Given the size of the universe, the hurdles are high to get on the Premier Selection, especially for those investments with a coveted five-star rating. In selecting investments, you shouldn’t just rely on backward looking data such as past performance or historic volatility, an assessment of forward looking prospects is absolutely key in our view. And of course, once invested it is essential to monitor you portfolio as even former star funds need to be reassessed when factors such as manager change or substantial growth in assets occurs.”
Members of the public can download a free copy of the Premier Selection from www.bestinvest.co.uk/premier
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The value of your investment can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Restricted advice can be provided as part of other services offered by Bestinvest. This will be on a fee basis and is restricted to advice on portfolio management. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.
Founded in 1986, Bestinvest has grown to become a leading private client investment adviser, looking after £5 billion of assets for more than 50,000 clients. We offer a range of investment services from Select for self-directed investors to Investment Advisory and Investment Management services for clients who do not have the time or inclination to manage their own investments.
All of our services are underpinned by rigorous research aimed at identifying those fund managers we believe will deliver long-term superior performance. We also have a team of expert financial planners with nationwide coverage to help clients with their pensions, retirement or Inheritance Tax planning. At Bestinvest, we pride ourselves on offering the highest levels of professionalism and expertise with transparent, competitive prices. We are pleased that our greatest source of new business is from personal referrals from existing clients.
Bestinvest has won numerous awards including UK Wealth Manager of the Year 2013, Best Wealth Manager for Investments 2013, Best Stockbroker for Customer Service 2012 and 2011 Self Select ISA Provider of the Year as voted by readers of the Investors Chronicle and the Financial Times.
Headquartered in Mayfair, London, Bestinvest employs more than 200 staff and has an extensive network of regional offices. The company is one of the fastest-growing private client advisory firms.
Tilney is a leading investment and financial planning group that builds on a heritage of more than 180 years. Our clients are private investors, charities and professional intermediaries who trust us with over £23 billion of their assets. We offer a range of services including financial planning, investment management and advice and, through our Bestinvest service, a leading online platform for those who prefer to manage their own investments.
We have won numerous awards. Tilney has been awarded Best Conventional Advisory Service at the 2018 City of London Wealth Management Awards, Best Advisory Service in the 2015 City of London Wealth Management Awards; Investment Award – Cautious category in the Private Asset Management Awards; and Stockbroker of the Year, Execution-only Stockbroker of the Year and Self-select ISA Provider of the Year 2015, as voted by readers of the Financial Times and Investors Chronicle. Bestinvest was voted Best SIPP Provider and Best Fund Platform at the 2017 City of London Wealth Management Awards, Best Direct SIPP Provider at the YourMoney.com Awards 2017, Best Stocks & Shares ISA Provider at the 2017 Shares Awards, as well as Best Self Select ISA Provider, Best Online/Execution-only Stockbroker and Best Investment Platform 2017 at the FT and Investors Chronicle Investment and Wealth Management Awards, as voted by readers of the FT and Investors Chronicle.
Headquartered in Mayfair, London, the Tilney Group employs over 1,000 staff across our network of 30 offices, enabling us to support clients with a local service throughout the UK.