Interactive Investor

How to narrow down your fund options

Professional fund buyer Algy Smith-Maxwell explains how he sorts the wheat from the chaff among active funds, and why passive funds are a good starting point for new investors.

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In the second episode of a four-part bonus ISA series, Kyle asks professional fund buyer Algy Smith-Maxwell to explain how investors can avoid being overwhelmed by the thousands of fund options. Algy details how he sorts the wheat from the chaff among active funds, which includes a “two-minute test” when he meets fund managers. He also gives his views on why passive funds are a good starting point for new investors. Algy hosts his own podcast – Algy’s Investment Podcast – which is well worth checking out. 

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Kyle Caldwell is collectives editor at interactive investor.

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