Whether investing for growth or income, you need to have a clear investment strategy. The different asset classes available range from low risk cash, where the return is based on the prevailing interest rates, to high risk individual equities which may provide a dividend and the opportunity for growth.

The starting point for developing any strategy is your investment stance. This will lead to an understanding of risks associated with the different assets, then choosing the right funds. Finally, and most importantly, maintaining a close eye on performance!