PERSONAL ASSETS: A trust that is self-managed and run by its own board not an external investment firm

By DAILY MAIL CITY & FINANCE REPORTER

Updated:

Personal Assets is self-managed and run by its own board rather than by an external investment firm

Personal Assets is self-managed and run by its own board rather than by an external investment firm

WHAT DOES IT DO?

Personal Assets is slightly unusual, in that it is self-managed and run by its own board rather than by an external investment firm. 

It aims to protect and only then increase investors' wealth.

WHAT DOES IT INVEST IN?

The £1billion trust invests in companies around the world, and ploughs a substantial amount into gold, bonds, and cash. 

Its UK exposure includes Unilever, and Diageo, while it also invests in US giants such as Microsoft, Coca-Cola and American Express.

WHAT DO THE EXPERTS LIKE?

Laura Suter, at AJ Bell, says: 'It's good for more risk-averse investors as the main approach is to avoid loss of capital. 

'It also publishes all of its holdings information each month – a rarity.'

ANY DOWNSIDES?

Suter adds: 'Spread across different markets and more conservative, it will underperform equity markets in a boom. 

Over the past five years it has returned 32 per cent while the FTSE All-Share has delivered 49 per cent. 

It has considerably outperformed the RPI.'

 

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