Money that sits in your business bank account is hard earned. But in times of high inflation, the buying power of your money is likely to be eroded over time.
Investing in the Unit Trust Investment Account from Wesleyan Unit Trust Managers (WUTM) could give you the chance to grow your money, and beat the effects of inflation.
Dealing costs and ongoing charges will apply. If you take advice from a Specialist Financial Adviser from Wesleyan Financial Services, an initial advice charge will also apply.
Keep in mind that the value of your investments can go down as well as up, and you may get back less than you put in.
Are you a dental practice owner with surplus cash sitting in your business bank account? Or perhaps you're a doctor thinking about investing your practice funds?
Commercial investments aim to make your money work harder, to combat inflation. We all know that investments come with risk, but deciding not to invest your money could be a risk in itself.
Investing your money offers the potential to get higher returns on your money than you would from interest in a savings account. If inflation is higher than the return on your cash investments after charges, the buying power of your money will fall.
WUTM’s Unit Trust Investment account allows your business or corporate entity to invest in up to six risk-rated funds.
When you invest in the funds, you pool your money with other commercial investors to access the kind of assets that might be difficult to buy alone. Each fund is fully managed by WUTM’s award-winning investments team.
WUTM’s Fund Managers invest with a long-term view. They use periods of market volatility to find investment opportunities they believe will benefit Unit Trust funds over the longer term.
Though it's impossible to know how your investments will play out, you can use our handy investment calculator to get an idea of your potential long-term returns.
When you invest in a WUTM Unit Trust Investment Account, you get to choose which funds your money goes into – and how much risk you’re willing to take in pursuit of potential growth.
All our funds are risk rated on a scale of 1 to 5, where 1 represents the lowest risk (and lower potential returns) and 5 represents the highest risk (but potentially the greatest returns).
You can simply select the fund you’re most comfortable with, or you can spread your money across as many funds as you like. You can swap funds at any time, too.
Like most investment products, the Unit Trust Investment Account is best suited to those who can invest for at least five years. But you can still take your money out at any time.
You can withdraw money either on a one-off basis or by taking regular income, without any exit fees. Remember though, any gains may be subject to capital gains tax or corporation tax.
We do also ask that you always leave £500 invested, until such time as you close your account.
Tax treatment depends on your individual circumstances and may be subject to change in future.
Unit Trust funds can generate returns in two different ways - through capital growth (when the fund’s unit value increases) and through income from shares.
When your investment does generate income or interest, you can choose to have it paid to you or you can reinvest it in your account.
Reinvesting can significantly boost your investment returns over time, through what’s known as ‘compound growth’.
The Risk Averse fund aims to achieve a return by investing in a portfolio largely made up of UK government bonds. These are generally considered to be a relatively safe investment compared with shares.
This fund invests in a balanced portfolio of mainly UK shares, government and corporate bonds. The portion of the fund allocated to shares within the portfolio will not exceed 40% (typically between 30 and 35%).
This fund aims to provide capital growth through the active management of a mixed portfolio of shares, corporate bonds and government bonds. Shares will generally account for more than 50% of the portfolio.
This fund typically contains a mix of investments, including 60 to 85% major-market shares, plus government bonds and higher quality corporate bonds to help counterbalance the investment in shares.
This fund invests in companies listed on the UK stock market - providing access to a mixture of nationally focused businesses with global revenue streams. The fund takes a long-term view and expects to hold the core of its portfolio for years rather than months.
The International Growth Fund invests in global companies. It can invest directly in most major countries across the world, giving it access to a wide variety of sectors and markets, including emerging markets.
Where you receive advice from Wesleyan Financial Services, an Initial Advice Charge of 3% is deducted from each payment to pay for providing that advice. We (WUTM) will collect this charge on behalf of Wesleyan Financial Services (WFS) and pay it to them.
There are also some management and dealing costs to pay. These costs are shown as Ongoing Charge Figures (OCFs). The latest OCFs for each fund can be found in the Key Investor Information Documents above.
If you are opted in for the Ongoing Advice Service (OAS) provided by Wesleyan Financial Services, please note an additional 0.5% will be added to the OCF charge.
Taxation will vary depending on your circumstances and business structure. Your Specialist Financial Adviser from Wesleyan Financial Services can guide you on any tax implications for your business.
Before you apply to open a Unit Trust Investment Account, please read the following documents:
Please also read the latest Key Investor Information Document (KIIDs) for any fund(s) you’re considering investing in. These can be found above.
If you are already investing with us and have opted into the Ongoing Advice Service (OAS), the appropriate 'B' unit class KIIDs are available through the WUTM Investor Portal.
Call us on 0330 123 3813 to check values, switch between funds or arrange a withdrawal.
Lines are open Monday to Friday, 9am - 5pm.