EQUITY FUNDS
Alternatively, you can save yourself a lot of trouble and invest in an equity fund. As the name implies, an equity fund is a fund managed by professionals, which invests in a range of equities and, most importantly, spreads the risk among all the investors in the fund. However, some funds have high charges, which substantially eat into your returns; so check these out in advance. And again, you must choose a fund which has the degree of risk you are comfortable with.
The stock market can be very volatile and the value of shares can fall sharply and suddenly. In the long term, however, shares are likely to increase in value.
Savings and investments products come in all shapes and sizes. To find the best products to suit you, you need to think about your own unique circumstances, your investment preferences and, most importantly, your investment goals.