How they have performed so far

MARKS & SPENCER VIRGIN

Friday 16 June 1995 18:02 EDT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

M&S has been managing two unit trusts (a pool of savers' money invested in the stock markets) for eight years. Its UK Selection Portfolio ranks 20th of 104 funds in the same industry category over one year, 17th of 93 over three years and 40th of 83 over five years.

Its Investment Portfolio has fared less well in the relevant international sector, ranking fifth of 32 over a year, 10th of 23 over three years and 12th of 16 over five. M&S charges 5 per cent of investment when you buy and a 1.5 per cent annual fee.

The investment vehicle behind the Virgin Pep is the Norwich Union FT All Share "tracker fund'' which monitors the performance of all 900 companies in the index.

Over five years, it has turned pounds 100 into pounds 155.39. Gartmore, the top performing fund manager for tracker funds over five years, managed to produce pounds 167.31 from pounds 100.

Virgin's promise to investors is no commission or initial charges. By comparison, Gartmore levies no initial charge, a 1.5 per cent annual management and no exit charge.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in