The Association of Investment Companies has launched a new guide to investment companies to help people learn more about the key concepts of investing, the advantages of using diversified funds to invest and the specific features of investment companies.
The new guide also includes a section on venture capital trusts.
It is aimed at those who have not invested before as well as those who have some investment experience but have not used investment companies.
Its launch marks the latest in a series of additional features and tools added to the AIC’s website over the six months, including notifications on investor’s chosen investment companies; improved performance charts; the rollout of its investment company screener to all website users; more advanced search tools and the launch of tutorials guiding users through the website’s most popular tools.
Richard Stone, chief executive of the Association of Investment Companies, said: “Interest in investing is arguably greater than ever among younger generations, and investment providers need to rise to the challenge of providing information in an accessible and comprehensible way.
“Our new guide to investment companies includes clear and simple explanations, with glossary videos to explain key terms. Beginning by assuming no previous knowledge of investing, it discusses the advantages of investing through diversified funds, then the benefits and risks that are specific to investment companies.
“We hope this guide will help more people feel confident about taking the first steps on their investing journey.”
