On The Money

Where are investors finding high-growth opportunities in emerging and frontier markets? Carlos von Hardenberg, lead portfolio manager of Mobius Investment Trust, talks to interactive investor about investing in the small caps, achieving double-digit returns, finding opportunities in India, having skin in the game, and how emerging markets are catching up with developed markets in the tech space. 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.

Hugo Ure, co-manager of the Troy Income and Growth investment trust, talks to interactive investor’s head of markets Richard Hunter about performance, new additions to the portfolio and sectors in his sights. He also discusses crossover holdings between the trust and Trojan Ethical Income fund, which he also managers and that appears on our ACE 30 rated list of ethical investments. 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.

Independent expert Andrew Pitts and interactive investor’s collectives editor Kyle Caldwell turn their gaze on the latest industry news, focusing on UK investment trust launches and the record outpouring of money from UK-focused equity funds. The duo are joined by Simon Gergel, manager of Merchants Investment Trust, which is one of the AIC’s “dividend heroes”, having raised its dividend every year for 38 years. Gergel discusses the trust’s performance, the polarisation of high-growth and value companies, and the three sectors he has been adding to. Finally, Teodor Dilov, fund analyst at ii, names his investment trust of the week from the ii Super 60 list of investments. Podcast recorded on 6 and 7 October 2020. 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.

interactive investor’s ETFs editor Tom Bailey kicks off the first podcast in a new series with an easy-to-understand introduction to exchange traded funds, including how investors can use them in their portfolios. David Stevenson, investment commentator and author of The Utilmate ETF Guidebook, answers questions on thematic ETFs in areas such as robotics and gaming, responds to criticisms of ETFs as a “Marxist weapon”, and more. 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.

Investors are overlooking a slice of the market, according to George Ensor, manager of the River and Mercantile UK Micro Cap investment trust. He talks to interactive investor’s head of markets Richard Hunter about the small-cap space, disruptive stocks, the trust’s growth bias and how it has fared in turbulent market conditions. 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.

Which are the standout companies of modern Japan? Nicholas Weindling, manager of the unconstrained JP Morgan Japanese Investment Trust, dispels myths and details top holdings in a discussion with interactive investor’s head of markets Richard Hunter. The pair also talk robotics, the country’s ‘special market’ for stockpicking, and how politics and the pandemic have been good for the portfolio. 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.

interactive investor’s collectives editor Kyle Caldwell and ETFs expert Tom Bailey discuss the latest industry news, including the reopening of a big property fund and the launch of new funds. The pair are joined by Richard Penny, manager of the Crux UK Special Situations fund, who explains where he is finding value opportunities six months after the March sell-off. He also discusses uncovering “growth gems” in areas such as software and life sciences, and which catalyst could bring investors back to an unloved UK market. Finally, Teodor Dilov, fund analyst at ii, explains why one investment trust has been removed from the ii Super 60 list of investments. 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.

interactive investor’s collectives editor Kyle Caldwell and independent expert Andrew Pitts discuss the latest industry news, including an eminent fund manager’s exit. The pair debate the value of experience, considering the track records of current “stars” and how long to wait before investing with a successor. They also mull the prospect of a renaissance in value investing. The hosts are joined by Sam Morse, manager of Fidelity European Values, who makes the case for investing in a “high beta play on global growth” and emphasises that despite the trust’s name, he does “not [take] a traditional value approach”. He also discusses gearing levels and dividend policies as “a torch in murky markets”. Finally, Teodor Dilov, fund analyst at ii, names his fund of the week from the ii Super 60 list of investments. 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.

Kyle Caldwell, collectives editor at interactive investor, and Andrew Pitts, an independent consultant, consider the surging popularity and performance of ESG funds, and the catalysts that could bring retail investors back to UK funds. The pair are joined by Job Curtis, manager of the income-focused City of London investment trust, who details changes to the portfolio and discusses the outlook for the trust, which boasts a 54-year record of annual dividend increases – the longest of any investment trust. Finally, Teodor Dilov, fund analyst at interactive investor, names his fund of the week from the ii Super 60 list of investments. 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.

Andy McDonald, senior adviser at We Fight Fraud and formerly head of special operations at Counter Terrorism Command, tells interactive investor’s head of markets Richard Hunter about the rise of vishing, smishing and social engineering, the pitfalls of working from home, and why it pays to “know your criminal”. 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.

In this episode, Kyle Caldwell, collectives editor at interactive investor, and ETFs editor Tom Bailey look at the latest fund industry developments, including good news for income investors via a handful of investment trust “dividend heroes” and an update on a third payout for Woodford Equity Income investors. The pair are joined by Douglas Scott, co-manager of the Kames UK Equity Income and Kames Global Equity Income funds. Scott discusses key qualities for stock selection, silver linings amid the dividend drought and his view on the outlook for 2020. Finally, interactive investor’s Teodor Dilov names his fund of the week from the ii Super 60 list of investments. 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.

The chief investment officer of Troy Asset Management and manager of Personal Assets Trust tells interactive investor’s head of markets Richard Hunter about the trust’s objectives and top holdings, where he’s finding the best opportunities, and the Covid “phoney war”. 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.

The manager of the Martin Currie Global Portfolio Trust speaks to interactive investor's head of markets Richard Hunter about seeking investment returns without holding tech giants Facebook, Amazon, Apple, Netflix and Google (FAANG). 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.

Best-selling author Diego Parrilla talks gold with interactive investor's head of markets Richard Hunter. Diego is portfolio manager at Quadriga Asset Managers and wrote The Anti-Bubbles: Opportunities Heading Into Lehman Squared And Gold´s Perfect Storm. 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.

The co-manager of the Nomura Global High Conviction Fund talks to interactive investor’s head of markets Richard Hunter about why the fund avoids style bias, its top holdings, growth stocks, and why focusing on fewer stocks lets them focus on the best 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.

In this episode, Faith Glasgow, editor of Money Observer, and deputy editor Kyle Caldwell look at the latest fund industry news, including UK equity income funds reducing exposure to oil majors, and Link’s Dividend Monitor report for the second quarter. The pair weigh optimistic and pessimistic outlooks for dividends and offer their own forecasts. They are joined by Thomas Brown, fund manager of Miton European Opportunities. Brown discusses where he is finding investment opportunities, Europe’s superstar stocks the GRANOLAS, and catalysts for kickstarting the unloved European sector’s fortunes. He also explains why short-term trading around Covid-19 is unhealthy. Finally, interactive investor’s Teodor Dilov names his fund of the week from the ii Super 60 list of investments. 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.

Ed Smith, head of asset allocation research at Rathbones, talks to interactive investor’s head of markets Richard Hunter about the outlook for the country for the next two years and the impact of UK idiosyncrasies, including Brexit. As well as predicting the shape of the recovery from an Alphabet Soup of options, he explains how long it could take the economy to reach pre-Covid levels. 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.

The lead manager of Polar Capital Technology investment trust talks to interactive investor’s head of markets Richard Hunter about investment themes, historical parallels between the coronavirus crisis and tech innovation around the time of the Second World War. He also discusses portfolio holdings, stocks for the ’new normal’ and the acceleration of disruptive tech. 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.

The manager of the Henderson Smaller Companies investment trust talks to interactive investor’s head of markets Richard Hunter about the trust’s style of investing, its top holdings and finding opportunities after the Covid crisis. 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.

Mathematician and trading psychologist Dr Richard Smith, who has created tools to help investors better understand risk, talks to interactive investor’s head of markets Richard Hunter about his new venture RiskSmith, the ‘sweet spot’ of an 18-month holding period, winning and losing mindsets, and why free trades are a disaster for retail investors. 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.

In this episode, Kyle Caldwell, deputy editor of Money Observer, and editor Faith Glasgow address the boom in fund sales, identifying trends and the sectors investors are favouring, plus the best and worst fund performers in the first half of 2020. They are joined by Douglas Brodie, manager of the Baillie Gifford Global Discovery Fund, who explains that the fund's style of investment is about "being on commercially relevant frontiers of innovation and long-term structural change". Brodie discusses some of the portfolio's holdings, and its strong performance during the first six months of the year. Finally, interactive investor’s Teodor Dilov presents his fund of the week from the ii Super 60 list of investments. 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.

Host Faith Glasgow, editor of Money Observer, and deputy editor Kyle Caldwell discuss the latest news, including the reopening of a suspended fund, and the sectors that have delivered strong returns since March’s market bottom. The pair are joined by Mike Fox, head of sustainable investing at Royal London, who discusses the factors influencing the success of his sustainable funds in the Money Observer 2020 Fund Awards, as well as why he thinks “the last 12 weeks has made the case for sustainable investing being a core solution more compelling”. Finally, interactive investor’s Teodor Dilov presents his fund of the week from the ii Super 60 list of investments. 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.

The chief investment officer of Blue Whale Capital and lead manager of the Blue Whale Growth Fund talks to interactive investor's head of markets Richard Hunter about the fund's objectives and its focus on exciting US companies and digital transformation. 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.

The joint manager of the Scottish Mortgage investment trust talks to interactive investor’s head of markets Richard Hunter about the trust’s objectives, searching for the world’s great entrepreneurs, and innovative tech stocks. 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.

Host Kyle Caldwell, deputy editor of Money Observer, and editor Faith Glasgow discuss the latest news, including payouts for investors in the Woodford Equity Income fund, potential legal action against Link Fund Solutions, and 10 fund managers who have beaten every rival since they started their career. The pair are joined by Bruce Stout, manager of Murray International investment trust, who discusses dividend cuts and the outlook for 2021, as well as his views on the deglobalisation “trend”. Finally, interactive investor’s Teodor Dilov talks through his fund of the week from the ii Super 60 list of investments. 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.

How to Invest is a podcast series designed to help you get to grips with the basics of investing. In this episode, interactive investor’s head of personal finance Moira O’Neill and Becky O’ Connor, head of pensions and savings, discuss how self-invested personal pensions (SIPPs)work. 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.

Craig Baker, global chief investment officer of Willis Towers Watson and manager of the Alliance Trust investment trust, talks to interactive investor’s head of markets Richard Hunter about the multi-manager trust. One of the AIC’s “dividend heroes”, having raised its dividend every year for more than 50 years, Craig explains Alliance Trust’s “neutral style’ and how stock selection drives everything. 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.

The co-manager of Impax Environmental Markets investment trust talks to interactive investor’s head of markets Richard Hunter about the trust’s objectives and top holdings, as well the reasons for his optimistic outlook amid an accelerated transition to renewable energy. 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.

Gary McFarlane, interactive investor’s crypto podcast host meets Dash Core Group chief executive Ryan Taylor. He explains how top 20 crypto Dash is “trying to make cryptocurrency more useable” and discusses Dash Platform, the latest iteration of the network. (Recorded on 21 May). 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.

How to Invest is a podcast series designed to help you get to grips with the basics of investing. In this episode, interactive investor’s head of personal finance Moira O’Neill and personal finance campaigner Myron Jobson discuss what you need to do before starting your investment journey, including whether you need special training. 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.

Faith Glasgow, editor of Money Observer, and deputy editor Kyle Caldwell debate the departure of Neil Woodford protégé Mark Barnett, who has left Invesco after 24 years, and the scale of dividend cuts among investment trusts. They are joined by Stuart Widdowson, manager of Odyssean Investment Trust, who discusses the market sell-off, top holdings, and investment opportunities. Finally, interactive investor’s Teodor Dilov names his fund of the week from the ii Super 60 list of investments. 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.

The manager of the Rathbone High Quality Bond Fund talks to Richard Hunter, head of markets at interactive investor, about the fund’s aims and strategy, her focus on financials, top holdings, and why the UK is ready for more municipal bonds. 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.

The manager of the CRUX European fund talks to ii’s head of markets Richard Hunter about the stock selection process, including the importance of CEOs having skin in the game, some of the fund's holdings, and which types of businesses are likely to emerge as champions after the lockdown is lifted. 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.

The fund manager of the CRUX UK Core Fund talks to interactive investor's head of markets Richard Hunter about the fund's objectives and style, as well as its top holdings, including the banks and his favourite FTSE 100 stocks. 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.

Host Richard Hunter, head of markets at interactive investor, is joined by Money Observer editor Faith Glasgow, who offers insights into the most popular funds and investment trusts with interactive investor customers in April, the best performers during the first 50 days of lockdown, and why dividend cuts might not be as bad as they seem, while Moneywise editor Rachel Rickard Straus gives listeners a taste of a new podcast aimed at beginner investors. Finally, interactive investor’s Dzmitry Lipski names his fund of the week from the ii ACE 30 list of ethical investments. 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.

Goldman Sachs executive director and head of the international markets strategy team, discusses reasons behind the rally in US markets with interactive investor's head of markets Richard Hunter. The pair also debate US unemployment data, tech ideas and why the FTSE 100 is not experiencing a rally of its own. 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.

In this episode of How to Invest, we discuss the question on every beginner investor’s mind: “Am I ready to start investing?” Join interactive investor’s head of personal finance Moira O’Neill and news editor Sam Barker to find out what you need to do before starting your investment journey, including how much money you need and how long you should invest for. 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.

The manager of the Waverton Multi-Asset Income Fund talks to interactive investor's head of markets Richard Hunter about the global income fund's key objectives, how the fund is faring in the current environment, trends that have been hastened, and portfolio holdings such as Microsoft. 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.

Faith Glasgow, editor of Money Observer, and deputy editor Kyle Caldwell discuss the latest news for fund investors, including the scale of dividend cuts hitting income investors, a rule change to the Investment Association’s income fund sectors, and the departure from Temple Bar investment trust of well-known fund manager Alastair Mundy. They are joined by interactive investor's head of markets Richard Hunter, who offers his perspective on some of the most vulnerable FTSE sectors amid the pandemic. Finally, interactive investor’s Teodor Dilov names his fund of the week from interactive investor’s Super 60 list. 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.

The Merian Global Investors' fund manager talks to interactive investor's head of markets Richard Hunter about a recent article in which he argued in favour of a more equitable balance between debt and equity, and how lower dividend payments could yield a more stable system over time. As well as suggesting that coronavirus offers the UK a chance to develop a more benign form of capitalism, Buxton gives his view on UK banks' Q1 results and that economic barometer, Lloyds Bank. 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.

The co-manager of the Baring Emerging Europe investment trust talks to interactive investor’s head of markets Richard Hunter about the trust's largest holdings, including Lukoil and supermarket X5, which sectors it favours, and investment themes, including what is helping Russia - where the portfolio has two-thirds of its assets - compete with the US and China on social network systems. 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.

How to Invest is a podcast series designed to help you get to grips with the basics of investing. We break down everything you need to know and how to get started. In this episode, interactive investor’s head of personal finance Moira O’Neill and news editor Sam Barker go back to the beginning and ask “what is investing?”. The pair explain how investing works and how it can help you achieve your life goals. 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.

Jonathan Davis, editor of the annual Investment Trusts Handbook, talks to interactive investor’s head of markets Richard Hunter about why investment trusts have generally held up well during market turmoil. Davis explains why investment companies are considered to be the “connoisseur’s choice”, discusses trusts that have been coronavirus ‘casualties’, and considers the outlook for dividends. 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.

Richard Hunter head of markets at interactive investor, talks to oil commentator Gaurav Sharma about the current oil price, how low it could go, and seeks his views on the likelihood of dividend cuts for BP and Shell. Sharma also discusses US shale businesses and stocks he currently favours. 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.

Kyle Caldwell, deputy editor of Money Observer, and editor Faith Glasgow discuss the latest news for fund investors, including the dividend drought, and star fund manager Terry Smith’s verdict on the recent market sell-off. The episode includes an interview with Bruce Jenkyn-Jones, co-manager of the Impax Environmental Markets investment trust, which is both a constituent of interactive investor’s ACE 30 list of rated ethical funds and a Money Observer Rated Fund. Finally, interactive investor’s Dzmitry Lipski outlines how funds in interactive investor’s Super 60 list fared in the first quarter. 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.

Financial journalist Ian Cowie is a new columnist at interactive investor. The former Daily Telegraph writer and current Sunday Times’ columnist, who has survived several stock market shocks, talks to our head of markets Richard Hunter about why he chose financial journalism, his best and worst investments, and alternative careers. 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.

Clem Chambers, chief executive of ADVFN and Online Blockchain plc, sees bitcoin trending to $10k after coin minting halves in May. But Chambers thinks that depends on how the fallout from the UK and US government stimulus packages and more central bank profligacy affects the digital currency. He considers the differences between the approaches of the two countries’ policymakers and what he worries is the very real prospect of a prolonged lockdown into July killing the economy stone dead, bitcoin included. 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.

Recorded outside of the normal studio environment, host Money Observer editor Faith Glasgow discusses the latest newsworthy topics, including investment trust bargains, with deputy editor Kyle Caldwell. The duo are joined by Money Observer's Nina Kelly, who discusses beginner investing in the current market turmoil, and Moira O'Neill, head of personal finance at interactive investor, who examines the right number of funds for a portfolio and how to avoid slipping from diversification into “diworsification”. 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.

In our new episode host Kyle Caldwell, deputy editor of Money Observer, talks to Faith Glasgow, editor of Money Observer, and Richard Hunter, head of markets at interactive investor, about the impact the coronavirus is having on global markets and investors. The podcast also tackles a reader’s question on whether they should delay their retirement in light of recent stock market falls, while interactive investor’s Teodor Dilov names his fund of the week. Do you have a fund-related question for the podcast? Please email us at: [email protected], putting “Funds Fan podcast” in the subject line. 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.

Faith Glasgow, editor of Money Observer, is joined by two other members of the Money Observer team: Kyle Caldwell and Tom Bailey. The trio discuss the latest investment news, including the recent spate of industry mergers and Bestinvest’s half-yearly report on underperforming funds, before tackling a listener’s question on investment income and high-yielding funds. Finally, interactive investor’s Liberty Godfrey turns the spotlight on a fund on interactive’s investor Super 60 list of investments. Do you have a fund-related question for the podcast? Please email us at: [email protected], putting “Funds Fan podcast” in the subject line. 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.