Alexander Forbes Wealth Management has launched a stocks and shares individual savings account (Isa) with a range of six funds.
The funds offer varying levels of risk and are focused on income producing assets and global trends.
Investors in the stocks and shares Isa can choose from three income producing funds which are Standard Life UK Equity High Income, M&G Optimal Income and M&G Property Portfolio Inc. They also have a choice of three global growth funds which are Baring Multi Asset, Aberdeen Multi Asset and Pictet Global Megatrends.
Hilary Brown, investment strategist at Alexander Forbes, said: “With low interest rates, rising inflation and the tax burden set to jump sharply from April for many people, it is more important than ever to take advantage of the annual Isa allowance, but deciding where to invest can be daunting.
“To make the decision-making process easier, we have researched the market and selected a range of six funds with varying levels of risk, focusing on income producing assets and global trends, which may help protect savings against possible inflation during 2011.
“Our income fund choices offer the opportunity of a high level of income now and, in the case of Standard Life UK Equity High Income, capital and income payments that should grow ahead of inflation over the medium to long-term.
“The growth funds seek to increase capital and preserve purchasing power by investing in the trends that are powering the global economy.”
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