Those looking to take advantage of the investment opportunities provided by both onshore and offshore funds may be interested in a new option from Elevate.
Its new range of index-tracking funds by Vanguard may appeal to investors wanting to minimise the initial cost of putting their money into stocks and shares, while still taking advantage of any possible returns, according to the company.
The passively-managed investments are intended to help start a "diversified" equity and bond portfolio while being backed by Financial Services Authority recognition.
Ian Thomas, head of marketing for Axa Distribution Services, said: "The entrance of Vanguard to the UK market is evidence this is rapidly moving from the world of institutional investment to a high street near you."
Vanguard's index trackers were recently highly recommended by investment advice website Fool.co.uk, which said that those looking for cheap stock market options to take up could benefit from the funds.
New investment funds added by Elevate
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New investment funds added by Elevate
Tue, 21 Jul 2009
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