This Saturday, April 5th, marks the last chance to use up your SIPP and ISA allowances for the current tax year.
The Vantage SIPP and ISA accounts allow you to pick and mix from more than 1,800 funds with savings of up to 5.5%. Below are some top picks from our experts for your consideration:
Invesco Perpetual Monthly Income Plus currently offers a distribution yield of 7.7% gross (variable and not guaranteed). Within a SIPP and ISA the income is completely tax-free, and you can either withdraw it monthly (at any time in an ISA or at retirement in a SIPP) or roll it up within the fund enhancing growth. All the signals indicate that this could be one of the best times to invest in fixed interest for almost 10 years.
Jupiter Emerging European Opportunities specialises in Eastern Europe where it is anticipated that a number of companies are likely to grow annual profits more than 40% between 2007 and 2009. As with all emerging economies, there is higher risk but we believe this fund is one the best ways to gain exposure to this exciting if volatile sector.
JP Morgan Natural Resources is, we think, an innovative way for adventurous investors to participate in the expansion of some of the most rapidly developing regions in the world. This is a specialised and high risk area subject to market volatility but we believe this theme could reward over the longer term.
Allianz RCM BRIC Stars invests in Brazil , Russia , India and China whose initials spell the acronymBRIC. They are among the world'sfastest growing economies with sustainable growth rates and huge populations. Although risk comes with this growth potential we believe this fund offers a great way to capture any growth but a long term view is essential.
Aberdeen Asia Pacific invests in one of the world's most exciting economic areas including tomorrow's economic superpowers, China and India . The past is no guide to the future and recent falls have highlighted the higher risk in emerging markets - but Aberdeen 's Asia Pacific Fund has been one of the top performers in its sector for 20 years.
And finally if you want to secure your SIPP and ISA allowances but don't want to make an investment decision today you can hold cash at 6% gross p.a. fixed for three months (paid 4.8% net in an ISA) and decide where to invest after that.
