Focus Focus on ISAs Find out more about the popular investment option - BMO Global Asset Management
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0800 915 6019 Quoting 21DSM/1 Winter 2021 Focus Your Investment Trust Newsletter Focus on ISAs Find out more about the popular investment option F&C Investment Trust Key updates as we start 2021
Welcome Focus
Welcome
Welcome to 2021 and the latest edition of Focus magazine.
I’d like to start by sending my best wishes to you and your family for the
start of this New Year. 2020 may have been a year most would rather
forget, but as we start to see encouraging vaccine news, investors are
able to start looking beyond a world of infections and moves towards a return to a
world more similar to normality.
We hope you’ve benefited from our regular market and BMO updates, posted on our
website, Facebook and videos from some of our Fund Managers.
Stay safe, all the best
Ross Duncton, Head of Marketing & Direct
The ‘BMO UK’ app Contents
Over the past year, we’ve been working on further upgrades to
our online offering, and we’re excited to confirm that the ‘BMO Focus on ISAs Our Digital service upgrades
UK’ App is available to download on the Apple App Store and has 4 Find out more about this popular 8 Details on our ‘Investor Portal’, the
investment option BMO App and BMO Facebook page
recently gone live on the Google Play Store too.
If you haven’t yet done so, visit Apple’s App Store or Google F&C Investment Trust Update Options for investing
Play Store and search ‘BMO UK’ to download the free app. 6 Key information from F&C 10 Find out more about our 10 investment
Investment Trust to start 2021 trusts which provide a wide range of
For more information visit bmoinvestments.co.uk/upgrade investment opportunities.
bmoinvestments.co.uk hello@bmogam.com Focus Magazine Winter 2021 3
Focus ISAs ISAs Focus
Focus on ISA reminders
ISAs The rules around the various ISAs can seem
confusing, especially with allowances often
changing from year to year. Here’s a quick
reminder of some key ISA facts.
Launched in 1999, Individual Savings
Flexible ISA – don’t forget, under rules
Accounts – better known as ISAs – are
introduced in 2016 it’s possible to take
designed to allow individuals to invest
money out of your ISA and subsequently
for the future in a range of asset types reinvest without losing that allowance as
in a tax efficient manner. long as you do it in the same tax year.
Lifetime ISA – available to those aged
18-40 (you can contribute until you are 50)
the Lifetime ISA annual allowance is £4,000
which forms part of the £20,000 overall
ISA limit each tax year. As an incentive
to invest, the government pays a 25%
bonus up to a maximum of £1000 each tax
year. A withdrawal charge of 25% applies
before the age of 60 except in certain
Every UK resident or Crown servant living ISA checklist Invest how it suits you – you might not circumstances, such as using it towards
outside the UK over 18 has an annual ISA want or be able to commit larger lump sums buying a first home.
allowance whilst those under 18 are able to to your ISA in one go. If that’s the case, you can
have a Junior ISA ( JISA) opened for them. We Tax-efficient – ISAs give you the choose to invest on a monthly basis – an approach JISA limits doubled! – previously £4,368,
all enjoy a world of choice when it comes opportunity to invest in a tax efficient that can also help iron out some the fluctuations the annual Junior ISA allowance was
to potential ways to invest our money and manner so they can be viewed as a sensible markets experience over time. You can invest from increased to £9,000 per tax year in the
the options range from cash through to starting point. Any profits you make are free from £50 a month into a BMO Stocks and Shares ISA or 2020 Budget.
investment funds offering access to a host capital gains liability and they also offer benefits £30 a month in to a BMO JISA.
of asset types and opportunities around the from an income tax perspective.
world. When planning your ISA, it is important Check-up – investing should be viewed Please remember that the value of
to think about the goals you want to achieve Use it or lose it – remember that you have as a long-term commitment, usually at investments can go down as well as up
as well as factors such as the level of risk you to use your ISA allowance by the end of least 3-5 years. Over time your circumstances and and you may not get back the amount
are willing to take with your money. the financial year (this tax year ends on the 5th requirements may change so it is important to originally invested. Past performance is not
April 2021). In the 2020/2021 tax year, every adult regularly review your investments. Post-retirement for a guide to future performance.
If you are unsure it may make sense to talk to can invest up to £20,000 in an ISA. For JISAs the instance, you may begin to favour options with the
a financial adviser. allowance is now £9,000. potential to generate income as opposed to growth. bmogam.com/isa
4 For more information on BMO products: 0800 915 6019 quoting 21DSM/1 bmoinvestments.co.uk hello@bmogam.com Focus Magazine Winter 2021 5
Focus F&C Investment Trust F&C Investment Trust Focus
An update from Our Learning
Material
F&C Investment
Trust We’ve teamed up with Coram
Shakespeare Schools Foundation,
a cultural education charity that
gives young people across the UK
the confidence to succeed in life, to
Pioneering in 1868, produce lively and engaging financial
pioneering today education material for children
of all ages.
1. Investment
What’s the point in
investing your
Regular updates money
We know how important it is to keep you various Board members. If you haven’t yet 2. Saving and
updated on the Trust and market movements. watched our 2020 end of year video, featuring investing
Therefore we’ll continue to provide regular Paul and members of the Board, this can also be money
updates from Lead Manager – Paul Niven on found on our website. What’s the point?
both our website and LinkedIn, where you
can also find video updates/interviews from View the updates at – fandcit.com 3. Money
Understanding what it is and
how it is earned
Financial Education 4. Spending
How and why we spend money
Financial education play a key role in the the third year in a row, which challenges students
success of our future generations. Therefore, to think about the future of investing. We’re also 5. Planning a Capulet
we’ve set out to help young people build planning our schools roadshow for 2021, (either in party
knowledge and confidence around the topics person or virtually) to deliver workshops to children
of money, saving and investing. of younger age groups on how money works. Visit our website – fandcit.com
to download the worksheets
We will soon be announcing the winner of Find out more on our website and to learn more about our
the F&C Investment Trust Prize 2021, back for fandcit.com work within schools and our
educational initiatives.
6 For more information on BMO products: 0800 915 6019 quoting 21DSM/1 bmoinvestments.co.uk hello@bmogam.com Focus Magazine Winter 2021 7
Focus Our Digital service upgrades Our Digital service upgrades Focus
Our Digital service upgrades
At BMO, we’re focused on providing our customers with a market-leading
experience. In 2020 we launched upgrades to our online offering and are proud
to continue this, including the launch of our App on Android.
Access your
investments on
the go with the BMO UK App Please note, some accounts will not currently
‘BMO UK’ App Last year, we launched our app,
allowing you to access your investments and
have full access to all of the available features
of the investor portal. To register or login,
and ‘BMO more, on the go. Search ‘BMO UK‘ on the App please visit digital.bmogam.com.
Investor Portal’ Store or now the Google Play Store too, to give
you access to all of the below from your Before investing you should be comfortable
mobile or tablet: that the value of your investments can go down
View valuation and summary of accounts held as well as up, and you may not get back your
Retrieve account and fund information original investment. Tax rules may change and
View transaction history the value of any tax benefits depends on your
View account cash holdings and balances individual circumstances.
View remaining ISA/JISA subscription
allowances BMO Facebook page
View primary contact details. We launched the ‘BMO Investments UK’
Facebook page back in December 2019 as a place
BMO Investor Portal for us to provide our clients with market updates,
The BMO Investor Portal is Investment Trust news, fund manager updates and
the quickest and easiest way to top-up your more as they happen. Follow our Facebook page
investments, or view account information. by visiting: facebook.com/bmoinvestmentsuk.
Once you register and log-in to the new online
portal you’ll have access to:
View up-to-date valuations for your Contact us
account(s) Should you have any queries or require
Switch and update your funds further information on the new Investor
Setup or change monthly contributions Portal or App, you can contact our call
View documents centre on 0345 600 3030 or vist:
Update your contact details
Make new lump sum investments and/or bmoinvestments.co.uk/upgrade
withdrawals.
8 For more information on BMO products: 0800 915 6019 quoting 21DSM/1 bmoinvestments.co.uk hello@bmogam.com Focus Magazine Winter 2021 9
Focus BMO Investment Trusts Our service Focus
BMO investment trusts Our service
BMO brings you a range of investment options. Here’s a summary gives you more
of our range of investment trusts.
A flat fee
UK and European Trusts Property Trusts Global Trusts
Most of our savings plans have a flat
The UK is home to some of the world’s most You may have already been exposed to the With so many markets to invest in, it can be difficult to
annual management fee so you will
established and strongest companies. The property market via the purchase of a home. decide which region offers the most attractive returns. With a
know up front the annual cost
attractive investment opportunities in Europe Investing in commercial property through an global trust, an investment specialist draws on the best ideas
of your investment, regardless of
include global leaders as well as a diverse range of investment trust could also provide an attractive from around the world and selects companies that are
the amount you invest (a percentage
smaller companies that offer the potential for investment option. It offers the potential for growth best-in-class globally.
charge applies for some legacy
long-term growth. and a regular income. F&C Investment Trust – The world’s oldest collective investment plans and the Child Trust Fund
European Assets Trust – Invests in small to BMO Commercial Property Trust – Invests in fund. Aims to grow investors’ capital and income over the long Stakeholder account).
mid-size companies across Europe (excluding the commercial property across the UK. Aims to term by investing in a broad portfolio across the globe including
Free paper statements. You will
UK) that offer the potential for strong growth. provide an attractive income with the prospect for exposure to emerging markets and private equity.
receive statements and valuations at
Aims to provide an attractive income as well as long-term capital and income growth. BMO Global Smaller Companies – Invests in smaller companies no extra cost.
capital growth. BMO Real Estate Investments – Aims to deliver worldwide with the aim of generating a high total return.
BMO Capital and Income Investment Trust – an attractive level of income together with the BMO Managed Portfolio Trust – Invests in a range of Our website
The Trust looks to generate long-term capital and potential for income and capital growth from investment companies covering a variety of geographies, sectors Online access to your account details
income growth from a portfolio consisting mainly investment in a diversified UK commercial and investment managers with the objective of providing both and investment valuations*
of FTSE All-Share companies. property portfolio. income and growth. It has two separate investment portfolios Fund manager factsheets
BMO UK High Income Trust – Invests in UK TR Property Trust – Invests in the shares and with Income shares and Growth shares available. Videos
equities of companies across the market securities of property companies and property BMO Private Equity Trust – Invests in private equity assets Annual and half-yearly trust reports
capitalisation spectrum with the aim of providing related businesses internationally and also in with an objective of achieving long-term capital growth. Regulatory news
an attractive level of income together with the investment property located in the UK, with the Also aims to provide shareholders with a predictable and A phone call away
opportunity for capital growth. aim of maximising shareholders’ total return. above-average dividend.
UK-based customer service team
Call us weekdays from 9am to 5pm
on 0345 600 3030.
As well as looking at the potential rewards that investing in investment trusts can bring, it’s important Tax benefits depend on your individual circumstances and
that you are aware of the potential risks involved so that you can make an informed decision. The tax allowances and rules may change. Please read our Key
value of shares and the income from them is not guaranteed and can fall as well as rise due to stock Features Document and refer to KIDS and Pre Sales Cost For any technical jargon you are
market and currency movements. When you sell your shares, you may get back less than you originally Disclosures before investing. For more information about unfamiliar with please visit:
invested. Our range of investment trusts invest in the stock market and some of them also invest in investment risks, visit our website bmoinvestments.co.uk.
bmoinvestments.co.uk
unlisted companies and funds and property. If they invest in emerging markets, unquoted securities or BMO cannot give advice on the suitability of investing in our
smaller companies, their potential volatility may increase the risk to the value of, and the income from, investment trusts or savings plans. If you have any doubts
* The Investor Portal is available fully for sole
the investment. Investment trusts can also borrow money (gearing), which can then be used to make as to the suitability of an investment please contact a holders to view and transact online; for joint
further investments and if markets fall, gearing can magnify the negative impact on performance. professional financial adviser. holders view-only access is available.
10 For more information on BMO products: 0800 915 6019 quoting 21DSM/1 bmoinvestments.co.uk hello@bmogam.com Focus Magazine Winter 2021 11
Contact us
Your existing account
If you have any queries on your existing accounts you can:
0345 600 3030* (9.00am – 5.00pm, weekdays)
+44 (0)1268 447 407 from overseas
investor.enquiries@bmogam.com
BMO Asset Management Limited
PO Box 11114
Chelmsford CM99 2DG
For information on our trusts or to find out about opening a new BMO plan
bmoinvestments.co.uk
info@bmogam.com
0800 915 6019* (8.30am – 5.30pm, weekdays)
Please have your account number handy when you call.
*Calls may be recorded or monitored for training and quality purposes.
bmoinvestments.co.uk
Important Information
Please read our Key Features Document, relevant Key Information Document (KID) and Pre Sales Cost & Charges
Disclosures before investing. For more information about investment risks, visit our website bmoinvestments.co.uk.
BMO cannot give advice on the suitability of investing in our investment trusts or savings plans. If you have any doubts as
to the suitability of an investment please contact a professional financial adviser.
Articles in this newsletter are intended only to provide a general outline of the subject and should not be considered
advice, comprehensive nor a sufficient basis for making decisions. The opinions given are relevant at the time of going
to press and may change in the future. Investors requiring advice on their individual circumstances or if unsure about a
financial decision should consult a professional financial adviser.
BMO Asset Management Limited is authorised and regulated by the Financial Conduct Authority. Registered Office:
Exchange House, Primrose Street, London EC2A 2NY. Registered in England & Wales No 517895. 1144968 (01/21) UK
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