What does Slater Investments do?
We are equity Fund Managers. For individual investors, we manage three publicly traded managed Funds, in which Slater Investments is responsible for both the underlying investments and the administration.
We also construct Portfolios on behalf of individuals and institutional clients.
What is a Fund?
A Fund is a pool of money sourced from a large number of different investors. The investors themselves do not make any decisions on how the Fund’s assets will be invested, this lies with Slater Investments.
What do your Funds invest in?
Our Funds invest almost exclusively in shares of publicly listed companies, and primarily in companies listed on the UK stock market.
An overview of each Funds’ current composition (i.e. the underlying companies’ shares held) can be found in the latest Fund Factsheets.
What are the differences between your Funds?
Each of our Funds has its own page on our website outlining its investment style:
- The Slater Growth Fund and the Slater Recovery Fund aim to provide an investor with capital growth
- The Slater Income Fund seeks to provide an investor with a steady and growing income stream
What happens when I invest?
Once you have placed your deal, you will receive a number of units/shares in the Fund. This is relative to the total assets of the Fund and the amount you have invested.
How much money do I need to invest?
You can open an account by setting up a monthly direct debit for as little as £25 a month, steadily building up your invested amount as time passes.
You can also create an account with a lump sum, for which the minimum investment amounts of each Fund and share class are detailed on our website.
How much do you charge me for investing in your Funds?
Our only charge is an ongoing percentage of the total value of the amount you have invested in the Fund; this is referred to as the Ongoing Charges Figure (OCF). This means there are:
- No initial charges
- No exit fees
- No performance fees
What is the difference between the A, B and P share classes?
Each Fund is divided into three subsections; A, B and P. These are known as share classes and dictate the total charge (OCF) you pay. Each share class has a minimum investment amount, but the greater the amount of money you have in the Fund, the cheaper it is to invest.
For those that invest directly with ourselves, we waive the minimum investment amount and allocate you the B units by default.
How do I invest and what is the process?
- Email to our dealing team at Slater.firstname.lastname@example.org
- Post to Nicholas House, 3 Laurence Pountney Hill, London, EC4R 0EU
Please also note that, before investing, you must read the Key Investor Information Document (KIID), Supplementary Information Document (SID) and relevant Terms & Conditions (T&Cs), all of which can be found here.
How do I find out how much my investment is worth?
The Slater Funds are [re-]valued each business day at noon. The prices for each Slater Fund are then published on our website daily. You will also be sent statements showing the value of your holding in the Fund every 6 months. Additionally, you are welcome to call, email or write to us at any time and we will provide you with an up-to-date valuation.
Can I get my money back at any time?
You can submit a request to sell your holding in the Fund at any time. Please note that it takes 4 [business] days from the valuation point at which we receive your instruction to your monies being sent back to you.
Please also note that, as detailed in each Fund’s Prospectus, Slater Investments reserves the right to, in exceptional circumstances and with the prior agreement of the Trustee, temporarily suspend the issue, cancellation, sale, redemption and exchange of any units/shares.
What is an Investment Savings Account (ISA)?
An ISA wrapper is a tax-free way to save or invest and comes in two main forms: ‘Cash’ and ‘Stocks & Shares’.
What type of ISA can I open with Slater?
We only offer a Stocks & Shares ISA, and only in our own Funds.
What is the cost of opening an ISA with Slater Investments?
There are no additional costs for an ISA investment with Slater Investments. We provide our services as an ISA Manager free of charge.
If I move abroad, do I still have access to my money if I invested inside an ISA?
Yes. Whilst you cannot put more money into your ISA once you have moved abroad, you can still benefit from the tax wrapper, continue to manage your investments and also sell your holding at any time.