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1Discount and saving based on a typical ISA investment of £10,680.00 through the Cofunds platform.
This fund cannot be bought online though Cofunds. Please call the TQ Invest team for more information.
Income funds are set up so that when income is earned the fund manager will pay that income out to the investor in the form of a cash payment. Alternatively, the investor can choose to buy more units with that income.
Accumulation funds automatically reinvests all income earned back into the fund. This is usually reflected in an increase in the price of the fund.
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Yield is an indication of the amount of income generated by a fund's investments in relation to the price.
The alpha is a measure of the difference between a fund's actual return and its expected level of performance, given its level of risk (as measured by beta). A positive alpha indicates that a fund has performed better than expected based on its beta, whereas a negative alpha indicates poorer performance.
The beta is a measure of a stock's price volatility in relation to the rest of the market. In other words, how does the stock's price move relative to the overall market.