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Not so long ago, to achieve investment diversification one had to purchase different funds from a range of different investment managers.
From an administration point of view, the greater the investment diversification, the greater the amount of administration and the higher the volume of paper arriving at your door.
Thankfully, it has now become possible to diversify holdings across different ethical funds, from different managers, and yet still retain a single investment 'account'. Such a service is becoming increasingly popular amongst our clients. Known as an Account Consolidation service, it effectively leaves you free to invest in a wide range of ethical funds, whilst at the same time reducing your paperwork to a bare minimum.
The latest extension of this service is to provide our clients with access to their investments via our web site. Clients using our Ethical Funds Supermarket service can check the values of their investments 24 hours a day, 7 days a week.
The consolidation service that Ethical Investors has chosen is 'CoFunds'. Because of their independence, they are one of the fastest growing consolidation services in the UK, supported by a rapidly increasing number of independent advisers.
If you already hold a Cofunds account via Ethical Investors Group, please follow the registration instructions to gain access to your account.
Please note that if you are not already a client of Ethical Investors Group, you will need to become a client first, before we are able to offer access to your Cofunds account. Under normal circumstances, joining Ethical Investors and moving your exiting Cofunds account to our 'umbrella' will be carried out at no cost to you.
Launch the Ethical Fund Supermarket
If you have a range of ISAs, PEPs and Investment Funds, it is possible to consolidate these into a single administration account, in most cases at no cost to you. If you hold non-ethical funds, following the consolidation route is an ideal opportunity to move these onto an ethical footing, again normally at no cost to you.
At Ethical Investors, we would be delighted to help you with the Consolidation process. In order to do this, you will need to provide us with information on all of your existing plans. We have a standard information pack that we can send you.
For further information on becoming a client of Ethical Investors Group please contact our Head Office.