There’s something very satisfying about saving money over time to put aside for a long-term goal. There are plenty of different investment options available – each one offers a potential return that can beat inflation. It’s important to think about the different kinds of investments and how they’ll be incorporated in with your overall financial goals.

Investments and funds

A fund is an investment that pools your money and the money of other investors and invests it into various assets. This helps spread your risk since you aren’t relying on the performance of just one asset type. For instance an UK Equity Fund will consist of shares issued by various British companies.

There are also funds with a variety of asset types, or even specific areas. This means that there is a fund that is suitable for any investor, regardless of their level of experience, timeframe for investment or risk-taking approach.

Bond funds are a well-known option for investing. They are comprised of IOUs (debt) typically from governments or companies and are an investment that is less volatile than stocks. They can be affected by changes in interest rates and the credit rating.