In the latest Funds Fan episode, the team argue against a call from campaign group Tax Justice UK for several UK companies, including Scottish Mortgage, to pay a Covid surcharge tax on “excess profits” made during the pandemic. The team also discuss how to avoid potential closet tracker funds, and the high demand for investment trusts this year.
Later, Timothy Woodhouse, manager of the JPMorgan Global Growth & Income Trust, explains why the trust is favouring Europe. He also gives his views on the US tech giants; detailing why Microsoft, Amazon and Alphabet are the trust’s top three holdings, and why he is not currently favouring Apple and Facebook.
At the end of the podcast, our Fund Spotlight feature focuses on Fundsmith Sustainable Equity.
Visit ii.co.uk/funds and ii.co.uk/stock-market-news for more investing insight and ideas.
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.
Every week, Kyle Caldwell and guests take a look at how the biggest stories and emerging trends could affect your investments, with practical tips and ideas to help you navigate your way through. Join the conversation, tell us what you want us to talk about or send us a question to OTM@ii.co.uk. Visit www.ii.co.uk for more investment insight and ideas.