The investment process is a great way to meet your long-term financial goals and also grow your wealth. It is also possible to do this with the assistance of a professional advisor, who can help you to balance your financial situation and comfort level with risk against the need for growth potential and the protection of your principal.

Investment funds pool your savings with those of other investors. A fund manager buys the investments, holds them and then sells them on your behalf. Most funds consist of different assets, which lowers the risk of investment. Some funds go to website are more specialised for instance, like those that concentrate on property or commodities. Multi-asset funds can hold several asset classes, including bonds and shares.

Some funds are geared towards specific regions or sectors like emerging markets or green investment. A lot of funds have specific goals for investing, like reducing unsystematic risks or aiming to achieve a certain level of growth. Others have a more general goal, like low-cost investing.

The type of unit trusts, OEICs and investment trusts you choose to use will depend on both the timeframe you invest in and your risk tolerance. Younger investors might be more inclined to take on a greater level of risk, and therefore, pick funds that include a higher percentage of stocks. For those who are nearing retirement or with family obligations might want to take on less risk and choose an investment with more bonds.