Investing in securities involves taking risks, both to your capital and to its potential to provide you with income. Some of the statutory risk warnings now seem bland, simply because we have heard them so often, and they certainly do not help assess what level of risk is suitable for you.

Appetite for risk
It is very important to us that you completely understand the nature of the risk arising from different investments and portfolio structures. Our aim is to manage your portfolio to the aims and objectives that you have set, but also at a level of risk with which you’re comfortable, and that is within your ‘risk tolerance’.

Importance of time
Investing in any financial market for gain involves some degree of risk. Over the last fifty years investing in the ordinary share capital of good quality companies has provided excellent returns to investors in a combination of both capital and income growth. Over shorter periods the opposite has been true on a number of occasions, and the last few years are a good illustration of this. Equity investment should be undertaken only with a long-term view in mind; one of at least five years.

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