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Important information- The Wealth 50 isnt personal advice. You can always ask us for advice if youre not sure if an investments right for you. The value of investments can fall as well as rise so you could get back less than you invest.
Looking to invest in a fund? With more than 3,000 funds available, the choice can be bewildering.
The Wealth 50 can help its a shortlist of our experts favourite funds.
Weve spent decades and thousands of hours crunching the numbers, and meeting fund managers, to uncover funds we believe have the most potential in each sector. To date, weve had an enviable track record.
When you buy a Wealth 50 fund you can be confident its passed rigorous tests.
– we analyse the managers entire career, so we know their strengths.
– a fund manager needs a history of good performance across different market conditions.
– we meet managers a number of times to get a deep understanding of how they invest, and at least once a year when theyre on the list.
– we never take payment or commission for funds to appear on the Wealth 50. We only look at performance potential.
Using the collective size and power of one million clients, we negotiate hard to get you some of the lowest fund charges across the industry. See how much you could save on the annual charge:
(0.45%)+ 22.50Total annual charge (1.02%)= 51.00(4.25 per month)
*The monthly charge depends on the exact value of your investments each month. To keep things simple, this example didnt include investment growth. The average charges exclude index tracker funds, which have much lower charges still and we have also got you great discounts on these.
Most funds on the Wealth 50 are actively managed. They aim to perform better than their benchmark over the long term.
If you want to invest in tracker funds, weve got that covered too. Trackers aim to track their index as closely as possible. With less management involved, this keeps costs to a minimum.
Have a look at ourGuide to Investing in Fundsto find out more, and how to choose the right ones for you.
When you buy a Wealth 50 fund, youll get an update each time we meet the managers, so youll know exactly whats going on with your money. And if our views on the fund change, youll be the first to know.
2 funds were removed from the Wealth 50 on 31 July 2019.
Lindsell Train UK Equity Fundand theLindsell Train Global Equity Fund We have policies and procedures to help us manage the Wealth 50 list of favourite funds. As part of this, we keep under review the proportion of Hargreaves Lansdown plc shares owned by a fund, or multiple funds controlled by a single manager, on the Wealth 50. We do this to protect the interests of our clients and shareholders, the independence of our investment process, and the service we provide to our clients.
Hargreaves Lansdown plc shares are held in both the Lindsell Train UK Equity and Lindsell Train Global Equity funds. As the funds have grown in size, the investment in Hargreaves Lansdown plc shares has grown too.
We continue to have high conviction in managers Nick Train, Michael Lindsell and James Bullock and their ability to outperform in the future. This is not a decision based on a change in our view of the managers or a reflection of their performance.
2 funds were removed from the Wealth 50 on 3 June 2019.
Woodford Equity IncomeandWoodford Income Focus On 3 June 2019, dealing in the Woodford Equity Income Fund was suspended for up to 28 days. As a result, we removed the fund from the Wealth 50.
While dealing remains open for the Woodford Income Focus Fund, we took the decision to also remove it from the Wealth 50.
1 fund was removed from the Wealth 50 on 3 April 2019.
Schroder Tokyo- Experienced manager Andrew Rose is retiring and will be replaced by Masaki Taketsume, whos been the funds co-manager since 2017.
Taketsume hasnt been in fund management long enough to convince us hell deliver strong performance in the future. All fund managers go through periods where their investment style is out of favour. But if a manager is less experienced, its harder to have confidence theyll pull it back.
3 funds were added to the Wealth 50 on 9 January 2019.
Artemis Global Income- Jacob de Tusch-Lec is a talented fund manager who we rate highly. Hes supported by one of the strongest equity income teams in the UK.
Aviva Investors UK Equity Income- Chris Murphy and James Balfour spend a lot of time thinking about how much cash companies make and how they can grow their cash flow in the long run.
Unicorn Outstanding British Companies- Chris Hutchinson is a proven, experienced investor with an investment process thats stood the test of time.
27 funds were removed from the Wealth 50 on 9 January 2019.
These funds didnt make the cut, but we still think these are good funds run by very good managers.
The ongoing costs associated with the fund. This will include both the fund managers annual charge and some other expenses such as depositary, registrar, accountancy, auditor and legal fees, but not the funds transaction costs such as dealing commissions.
Sometimes ongoing savings come from a loyalty bonus – part of the fee gets paid back to you. Theyre tax-free in an ISA or SIPP but you might have to pay tax in a Fund and Share Account.
The synthetic risk and reward indicator measures a funds volatility. The higher the number, the higher the level of volatility or risk, and vice versa. The number is calculated by each investment group, not Hargreaves Lansdown. They follow a set of rules laid out by the Financial Conduct Authority.
Its based on how much a funds risen or fallen in the past. Usually the more risk taken, the higher the potential return, but the greater the risk of loss.
Our website offers information about investing and saving, but not personal advice. If youre not sure which investments are right for you, please request advice, for example from ourfinancial advisers. If you decide to invest, read ourimportant investment notesfirst and remember that investments can go up and down in value, so you could get back less than you put in.