There are between 3,000 and 4,000 funds and investment trusts available to private investors on the main DIY platforms, such as Hargreaves Lansdown, AJ Bell and Interactive Investor. How many of these do you need in order to put together a sensible portfolio? Well, somewhere between 10 and 15, perhaps 20 at a stretch.
Thinning down this group is evidently a mammoth task – not just because of the sheer numbers involved, but also because the information to help you make your decisions is often lacking. So in this feature we look at where to start, what matters and what doesn’t. We also ask experts how they go about hunting for the best funds and the best fund managers.