Investor Views: "Don't Pay for a Manager Who Hugs the Index"

Professional investor Charles MacKinnon likes managed funds that are highly actively - taking big stock bets for investment growth

Emma Simon 15 February, 2017 | 2:56PM
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As an investment director at Tilney, Charles MacKinnon is used to building bespoke portfolios for clients, and managing their money for them.

When it comes to investing his own money he tries to follow the advice he gives to others. He says there are three key things all investors should bear in mind: invest for the long-term, save regularly and keep an eye on costs.

He says: “I’m investing for the long-term. I’m 61 now, but I’m looking still looking to invest over a 40-year time horizon. The days are long gone when people moved into cash when they reached their 70s. People now need to ensure they have enough savings to fund retirement well into their 90s. The only way to do this is to invest in equities and accept a degree of volatility.”

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Fundsmith Equity R Acc5.97 GBP0.92Rating
LF Lindsell Train UK Equity Acc506.53 GBP0.10Rating
Lindsell Train Global Equity A GBP Inc3.81 GBP-0.24Rating
Trojan Income O Acc354.28 GBP0.21Rating
Vanguard Global Equity A GBP Acc237.03 GBP0.39Rating

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for