Alliance Trust ‘like' the opportunity to invest directly into Facebook
Alliance Trust Savings will be providing investors with the ability to own a slice of the multi-billion dollar social media site Facebook, through their international equities proposition.
Facebook recently made the announcement that Mark Zuckerberg has finally put the wheels in motion to float the company on either the NYSE or NASDAQ exchanges leading to a clamour amongst investors for their own part of the global success story.
Alliance Trust Savings provides its customers with a unique international equities proposition, which offers investors access to one of the most extensive ranges of overseas markets and exchanges available from any UK dealing platform. Customers can easily, and in a cost effective way, purchase shares across the globe in 18 different countries and on 21 distinct exchanges.
International equities are available to invest in through the Alliance Trust Savings Stocks and Shares ISA, Select SIPP and Investment Dealing Accounts. Customers can deal from £20 per security.
Garry Mcluckie, Marketing Director at Alliance Trust Savings, commented: "Regardless of whether you are a Facebook user or not, the media attention surrounding the pending floatation highlights the huge interest in what will be the largest IPO in history.
"With increasing globalisation, many UK investors are looking towards overseas companies that are household names in this country such as Facebook, Google or Starbucks and are considering owning their own stake in them. These are companies whose products and services are used on a daily basis by UK consumers and so we were keen to offer customers the chance to invest directly into foreign companies by owning shares rather than having to gain exposure through, say, a technology fund in the case of Facebook.
"Diversification is a key driver for the growth in foreign investments as UK investors recognise the need to spread their risk across the globe so that portfolios are not adversely affected by regional downturns. The UK stock market has heavy weightings in sectors such as mining, oil and gas, pharmaceuticals and banking, but is poorly represented in others.
"For example, there are no major car manufacturers which have their home in the UK. If you want to buy a stock in this sector you have to go abroad to the likes of VW and BMW in Germany or Renault and Peugeot in France. There are some technology stocks in the UK but if UK investors want a stake in the really big players you have to look across the Atlantic to buy stocks such as Apple, Microsoft, Google and now Facebook.
"We are confident that our proposition alongside our fair, transparent charges and unique rebate structure, offers Alliance Trust Savings customers the most comprehensive international equities offering on the market, all under one roof."