"My Gold-Rated Funds Have Beaten the Banks"

Investor Views: Private investor Keir Evoy started investing with the aim of beating bank saving rates. These are the funds that have helped him succeed

Emma Simon 16 July, 2020 | 10:38AM

Investor views

Now in his mid-40s, Keir Evoy has been investing in equity funds for 20 years. He started when he first had some extra cash that he didn’t need for anything in particular, and decided it would be fun to try and beat the interest rates on offer from high street savings accounts at the time – a much taller order than it might be today with base rate at 0.1%.

Keir, who works as a drilling engineer in oil and gas exploration, has been fairly successful in delivering on this original goal. He invests in a range of funds through both pensions and Isas to take advantage of the generous tax breaks on offer.

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About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk

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