Pound Cost Averaging Programme
Trying to time the market is much easier said than done. That's why we offer a regular savings programme called Pound Cost Averaging (PCA). PCA is a regular disciplined investment programme that can potentially grow your portfolio over time.
By investing a fixed amount each month, market fluctuations can work in your favour allowing you to buy more shares when prices are low and fewer shares when prices are high. Although this method of systematic investing does not guarantee a gain or prevent a loss, it can result in a lower average price per share than if you purchase a set number of shares per month.
PCA offers these features and more:
- Ability to invest regularly over time rather than with one lump sum
- Available on selected mutual funds and selected equities
- Low minimum investment
- Direct debit facility
Important Information: Although Pound Cost Averaging does not guarantee a gain and does not prevent a loss in declining markets. It ensures you won't invest all your money at a market high. Pound Cost Averaging depends on investing over the long term. You should evaluate your financial ability to continue investing through good and bad markets during your planned time period.
Equity and/or mutual fund investments rise and fall in value, and shares, when sold, may be worth more or less than their original cost. For more information, contact your financial adviser for details of these investments. Please read the information provided carefully before investing.
For more information, please contact your Edward Jones financial adviser.
