How to 選ぶ the best 投資 信用s: A professional's nine-step guide to working out if they might be a 勝利者 for your Isa
Ryan Hughes is 長，率いる of 投資 共同s at 財政上の services 会社／堅い AJ Bell.
投資 信用s 代表する an excellent way to 投資する whether you are just starting out or have already 設立するd a 井戸／弁護士席-diversified 大臣の地位.
However, they do have some 利益／興味ing quirks and features that mean careful 研究 is important ーするために fully understand what you are buying.
Market watch: 投資 信用s are 貿易（する）d on the 株式市場 and they can borrow money to try to 高める returns
1. How does the 信用 投資する?
First and 真っ先の, the oddity about 投資 信用s is that many of them have a 指名する that doesn't tell you much about what they do.
Scottish Mortgage doesn't 投資する in mortgages, 修道士s isn't linked to the church and 寺 妨げる／法廷，弁護士業 isn't based in the famous drinking area of Dublin.
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Therefore, it's 決定的な to look beyond the 指名する of the 信用 and take a の近くに look at what it 現実に does to see if it fits with your 客観的なs.
It could be growth or income, high 危険 or low 危険; there is a lot of choice and understanding the approach is 重要な.
2. Who is the 経営者／支配人?
That leads on to the next element which is taking a の近くに look at the 基金 経営者／支配人 running the 信用.
Ryan Hughes: 投資 信用s typically cost いっそう少なく to own than open ended 基金s
信用s operate with 独立した・無所属 boards just like a company and these boards have the 力／強力にする to 雇う and 解雇する／砲火／射撃 the 基金 経営者／支配人s.
Therefore, when looking at past 業績／成果, it's important to 確実にする that the 跡をつける 記録，記録的な／記録する relates to the 現在の 経営者／支配人s as in 最近の times やめる a lot of 投資 信用s have changed who runs them.
When looking at the 経営者／支配人, the 研究 should 焦点（を合わせる） on how they 投資する as this helps understand whether the 信用 may be suitable for your 客観的なs.
This means looking at where they 投資する 地理学的に, the type of 投資 they buy, t he types of companies they buy and how much 危険 they typically take.
3. What do company accounts 明らかにする／漏らす?
As 投資 信用s are companies, they have to produce a 始める，決める of 報告（する）／憶測s and accounts twice a year.
In this 文書 is some explanation from both the board and the 基金 経営者／支配人s about what the 信用 does and how it goes about it.
These 文書s are a 広大な／多数の／重要な starting point for 投資家s wanting to 研究 an 投資 適切な時期 even if all the numbers in the accounts may not make sense.
4. Does the 信用 貿易（する） at a 割引 or 賞与金?
投資 信用s have some different 特徴 to open-ended 基金s and one of the 重要な differences is that they can 貿易（する） on a 割引 or 賞与金.
An 投資 信用 is 貿易（する）d on the 株式市場 and therefore いつかs its price doesn't 反映する the value of the underlying 投資s.
If the price is below the value of the 資産s, then it is 貿易（する）ing at a 割引, while if it is above, it is 貿易（する）ing at a 賞与金.
Given this 状況／情勢, it is 価値（がある） looking at the 信用 to understand how it has 以前 and is 現在／一般に 貿易（する）ing. 貿易（する）ing at a big 割引 might look like you are getting a 取引 but there could be a good 推論する／理由 why its price doesn't 反映する the 資産s.
平等に, if a 信用 is 貿易（する）ing at a 賞与金, you need to be very sure that you are 用意が出来ている to 支払う／賃金 more than something is 価値（がある）.
Both 状況／情勢s are ありふれた, and neither can be bad but understanding why a 信用 might 貿易（する） like this is important.
The boards of 投資 信用s often have a 明言する／公表するd 政策 around the 割引 or 賞与金 and therefore finding this out will he lp 位置／汚点／見つけ出す what the likely 割引 or 賞与金 could be in the 未来.
5. Does it have 負債?
Another characteristic of 投資 信用s is their ability to borrow money to try to 高める returns which is known as gearing.
Many 投資 信用s use this approach but it's important to remember that just as it can 高める good returns, it can 悪化させる bad returns.
Therefore, checking the 現在の level of gearing on a 信用 and how the 経営者／支配人 has used it 歴史的に is a sensible approach as it gives an idea of the level of 危険 存在 taken.
6. How much does it cost?
One of the advantages of 投資 信用s is that typically they cost いっそう少なく to own than open ended 基金s.?
The 現在進行中の 告発（する），告訴（する）／料金 人物／姿／数字 shows how much an 投資家 paid over the past 12 months and the 普通の／平均（する） UK 公正，普通株主権 投資 信用 has an OCF of 0.70 per cent compared to 0.90 per cent for the 普通の／平均（する） 活発に managed open ended UK 公正，普通株主権 基金.?
This might not sound much different but over the long 称する，呼ぶ／期間／用語 this can have an enormous 衝撃 on your 投資.?
This lower cost is partly 予定 to the 独立した・無所属 board who 交渉する 料金s with the 基金 経営者／支配人s and also lower 維持費s 予定 to the different structure that keeps things like sales and marketing costs 負かす／撃墜する.?
However, it's 価値（がある） 公式文書，認めるing that as 投資 信用s tr 広告 on the 株式市場, there are higher 取引，協定ing costs to consider.?
7. How much does the 信用 産する／生じる?
One attractive feature of an 投資 信用 is it doesn't need to 支払う／賃金 out all of its income each year as a （株主への）配当.?
This means in the good years it can 持つ／拘留する some income 支援する to use in the tougher years to keep （株主への）配当s 控訴，上告ing.?
This is 正確に／まさに what happened in 2020 when many companies 削減（する） their （株主への）配当s but 投資 信用s were able to use their reserves to 持続する or grow the income.?
It's therefore 価値（がある） looking at the （株主への）配当 cover 人物／姿／数字?as this shows how much of the 現在の 産する／生じる can be paid from reserves.?
The higher the 人物／姿／数字, the better the chance of the 信用 持続するing or growing income when times are 堅い.
8. Where can you find （警察などへの）密告，告訴（状） on 信用s?
投資 信用s are 広大な／多数の／重要な 投資 乗り物s that 申し込む／申し出 投資家s a wide variety of choice of different approaches.
The 協会 of 投資 Companies which 代表するs 投資 信用s has a 広大な／多数の／重要な website that 含む／封じ込めるs 負担s of useful （警察などへの）密告，告訴（状） about them.
This 含むs 教育の 構成要素 that explains in more 詳細（に述べる） some of the areas covered here 同様に as lots of 明確な／細部 統計（学） to help understand what particular 投資 信用s are doing.
9. Review the 業績／成果 of your 投資 信用s
It's important to remember that if you are choosing 投資s, the work doesn't stop once you have 投資するd.
現在進行中の 監視するing is just as important as 初期の 研究 as 信用s can and do change so keep an 注目する，もくろむ on your 大臣の地位 to make sure that your 投資s remain suitable to 会合，会う your 客観的なs and 危険 level.
