The Share Centre launches Platinum 120 Funds range

Retail stockbroker The Share Centre, has launched its Platinum 120 funds range in order to help investors identify the funds with the best long-term prospects and strong management. Customers who invest in a Platinum 120 fund will benefit from no purchase commission on all funds and no initial charge on almost 80%.

With so many funds available to UK investors, many are likely to find the research and selection processes rather daunting. In order to simplify the search for suitable funds, The Share Centre has decided to launch its own preferred range of 120 funds that it believes to be the best across all major sectors.

Commenting on the Platinum 120, Andy Parsons, Advice team manager said: "We wanted to save our customers the time and stress of trawling through the 1,800 funds available via The Share Centre. Our Platinum 120 range has been designed to make the research and selection process simpler. Customers can also be assured that all Platinum 120 funds have gone through a rigorous selection process. However, it's not just about number crunching. We also base our selections on careful monitoring, meet with the fund managers as regularly as possible and conduct critical analysis obtained from the various tools available to the team."

To help highlight the variety of funds available through the Platinum 120, The Share Centre is regularly showcasing a different fund on its website. Customers are also able to register to receive these ‘featured funds' by email.

Featured fund for the week commencing 29 June - First State Global Resources fund

The First State Global Resources fund invests in a diversified portfolio of companies that are exposed to global resources and energy. As the fund invests in companies exposed to these sectors it tends to have a higher degree of liquidity compared to the approach of direct investment within the physical product and all the associated costs of storage, transportation and insurance. Gaining exposure to resources through a fund constructed in this manner ensures that returns are not only reliant on demand for natural resources but also the management of the mining company and, or managing the raw materials.

This fund is suitable for those investors that want to expose their investment portfolio to the global resource and energy sectors and who are comfortable with risks associated with overseas markets such as currency and political risk. As this is a sector-based fund, it should not form a large proportion of an investor's portfolio.

For more information on the First State Global Resources fund or The Share Centre's Platinum 120, visit share.com/p120