there is a sharp fall in equity markets in the early years , one should increase one ’ s equity exposure . This again would make you feel uncomfortable but the reality is that equity markets often have a remarkable predisposition to recover from sharp falls . Once markets have recovered , as they did in 2009 and 2010 , you can then return your equity exposure to its previous level .
You ’ ll have noticed that there are lots of uncomfortable feelings associated with the recommended approach , but this I ’ m afraid may be the cost of a more comfortable retirement .
Peter Elston peter . elston @ senecaim . com 0151 906 2450
Peter ’ s research responsibility for Seneca IM is asset allocation .
However , if the thought of doing all this yourself is simply too discomfiting , don ’ t worry , we have three funds that aim to do it for you .
The views expressed are those of Peter Elston at the time of writing and are subject to change without notice . They are not necessarily the views of Seneca Investment Managers and do not constitute investment advice . This document is provided for the purpose of information only . Whilst Seneca Investment Managers has used all reasonable efforts to ensure the accuracy of the information contained in this communication , we cannot guarantee the reliability , completeness or accuracy of the content .
The CF Seneca Investment Funds may experience high volatility due to the composition of the portfolio or the portfolio management techniques used . Before investing you must read the key investor information document ( KIID ) as it contains important information regarding the funds , including charges , tax and fund specific risk warnings and will form the basis of any investment . The prospectus , KIID and application forms are available from Capita Financial Managers , the Authorised Corporate Director of the Funds ( 0345 608 1497 ).
Before investing in the Seneca Global Income & Growth Trust you should read the Trust ’ s listing particulars which will exclusively form the basis of any investment . Net Asset Value ( NAV ) performance is not linked to share price performance , and shareholders may realise returns that are lower or higher in performance . The annual investment management charge and other charges are deducted from income and capital .
Potential Investors should have expertise with , or experience in investing in Open-ended Investment Companies / Investment Trusts or the underlying portfolio investments ( UK and International equities and fixed interest securities including government and corporate bonds , alternative investments including property and unquoted companies and other invested funds ). Investors must understand the risks involved , including the risk that the funds and the trust may not achieve their investment objectives and you may not get back the original amount invested . For a full description of the risks please refer to the Full Prospectus of the Funds or the latest annual report of the Investment Trust which is available at www . senecaim . com
The information in this document does not constitute advice or a personal recommendation and you should not make any investment decisions on the basis of it . It does not take into account the particular investment objectives , financial situations or needs of investors . If you are uncertain whether this investment is suitable for your own circumstances , you should contact your investment adviser before taking any action .
Seneca Investment Managers Limited is the Investment Manager of the Funds ( 0151 906 2450 ) and is authorised and regulated by the Financial Conduct Authority and is registered in England No . 4325961 with its registered office at Tenth Floor , Horton House , Exchange Flags , Liverpool , L2 3YL . FP16 / 134
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