Key things to remember

Be prepared. Make sure you understand the benefits and risks of investment companies before you invest

Investment companies offer you access to a much wider range of investments than other funds.

Though these have the potential to outperform in the long term, they can be more risky, particularly in the short term.

Investment companies have some unique advantages when it comes to delivering a regular income, but should not be considered a substitute for deposit type investments.

Investment companies are primarily intended as long-term investments. You should be prepared to hold them for at least 5 years, and preferably 10 or more.

With investment companies, your income and capital is at risk and may fall as well as rise. You may not get back the full amount invested and, for higher-risk investment companies, you may get back nothing at all.

If you are uncertain about whether, or which, investment companies might be suitable for you, you should take financial advice.

To find out more, read our other guides:

Available here or by calling 0800 707 707