CHRISTMAS HOURS: Our offices will be closed on Friday 22 December and reopen on Monday 8 January. WITHDRAWAL INFO: Please click on the link for more information on withdrawals during December and January. Withdrawal Dates
Not only does this mean ‘peace of mind investing’ for all investors, but for those wanting to invest regularly, it means you don’t need to spend time and effort trying to time your investments in an attempt to even out variable costs (which is otherwise known as dollar-cost-averaging, a tactic whereby investors purchase the same share at different price points at different periods, essentially looking to even out price volatility as they go).
In short, there’s no “right time” or “wrong time” to put in your money with FMT- that’s because our unit price is stable and consistent, so any time is good!
Over and above this, there are some key advantages to putting away ‘little and often’ as well as investing larger lump sums when you’re in a position to do so.
First and foremost, the benefit of making regular deposits is that your money starts working for you from the day it is received. Secondly, for those opting to reinvest the income that is earned each quarter, the benefit of compounding returns can be enjoyed too.
This is often called the “eighth wonder of the world”, for investors it means that the income you are earning then goes on to generate income in the future. It’s like having your money make money on repeat.
If you would like to set up regular payments into your account, please chat with our friendly investment team for more information.
First Mortgage Trust doesn’t offer financial advice. To determine if regular investments or investing with us aligns with your investment plans, you should talk to a financial adviser.
First Mortgage Managers Limited is the issuer of the First Mortgage Trust Group Investment Fund and the First Mortgage PIE Trust and is not a registered bank. Past performance is not a reliable indicator of future performance. Returns are not guaranteed.
Complete this questionnaire to see what type of fund might be the most tax effective for your circumstances. Please note, this is just a guide and we recommend you seek professional tax advice.
Disclaimer – This tool is intended to provide general guidance only. This tool does not take into account your particular financial situation, objectives or goals.
There are alternative strategies which may provide better outcomes, we recommend you seek independent advice before making any investment decision. If you have completed this guide and wish to discuss this, we recommend you seek professional tax advice.