Wraps and master trusts priovide a way for you to invest in a range of different investment funds through one administration structure. And these days, if you go to a financial planner and follow their investment advice, you’ll probably find they recommend you invest through one of these arrangements. So dominant are wraps and master trusts as one-stop-shops for accessing a wider range of investments that they now gobble up the majority of consumers' investment funds.
These "platforms" (basically administration structures for your investments) have taken the market by storm following heavy promotion by product providers and advisers in recent years. But are they the best place for your money?
In this report we:
Please note: this information was current as of March 2008 but is still a useful guide to today's market.