Interactive Investor

Funds Fan: tax attack on Scottish Mortgage, and tech share tips

8th October 2021 09:50

Kyle Caldwell from interactive investor

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In the latest Funds Fan episode, the team argue against a call from campaign group Tax Justice UK for several UK companies, including Scottish Mortgage (LSE:SMT), to pay a Covid surcharge tax on “excess profits” made during the pandemic. The team also discuss how to avoid potential closet tracker funds, and the high demand for investment trusts this year.

Later, Timothy Woodhouse, manager of JPMorgan Global Growth & Income (LSE:JGGI) trust, explains why the trust is favouring Europe. He also gives his views on the US tech giants; detailing why Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL) are the trust’s top three holdings, and why he is not currently favouring Apple (NASDAQ:AAPL) and Facebook (NASDAQ:FB).

 At the end of the podcast, our Fund Spotlight feature focuses on Fundsmith Sustainable Equity, which is on our ACE 40 ethical list.

  • Listen to more interactive investor podcasts featuring our own investment experts, fund managers and industry commentators by visiting our podcast page.

These articles are provided for information purposes only.  Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties.  The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.

Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.

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