Bringing you live news and features since 2006 

Wesleyan delivers 6.6 per cent growth for with-profits investors

RELATED TOPICS​

Wesleyan, a specialist financial mutual for doctors, dentists, teachers and lawyers, defied the 2018 market downturn by delivering a gross annual increase to pay-outs of 6.6 per cent to customers invested in its flagship With Profits Fund.

Wesleyan investors received this return, expected to be market-leading, principally because of smoothing – a key feature of with-profits investments. The With Profits Fund itself showed a small negative return, in line with industry trends, due to the volatility of the stockmarkets.
 
Robert Vaudry, Chief Investment Officer at Wesleyan, says: “Pay-outs from Wesleyan’s With Profits Fund have significantly outperformed both equity and bond markets in 2018.”
 
“One of the key benefits of the With Profits Fund is that we are able to smooth the return for investors, which long-term investors can find attractive, especially when markets are as volatile as they have been. By holding back some of the potential returns when markets outperform, a with profits fund with a financially strong provider can provide a higher return for investors even during a protracted downturn.”
 
A total of GBP10,000 invested in Wesleyan With Profits ISA five years ago would now be worth GBP13,741, while the same amount invested in a typical managed fund would be worth GBP12,382.
 
 

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by