for Everyone`s ISA - TD Direct Investing

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January:10
e:Newshare
Dear Investor
for Everyone’s ISA
The changes to the financial landscape which started in 2009 look set to
continue throughout 2010, starting with the VAT increase which occurred
on 1st January.
Next to change is ISA subscription limits which increase for everyone on
6th April from the current £7,200 limit to £10,200 for a Stocks & Shares
ISA. More information can be found in the 'More Money for Everyone's
ISA' article.
Even though the past 12 months have been a veritable roller-coaster ride
for the financial markets, banking shares continue to be the constant in our
customers’ trading patterns. For the past 12 months, they have taken the
top 3 spots of our Top 10 Buys and Sells list.
I’d also like to take this opportunity to explain an exciting new service
exclusively available to TD Waterhouse customers; Shareholder Voting and
Information Rights. This new service removes the issue inherent to UK
investors holding stock electronically with a broker: not being recognised
as the beneficial owner of the stock. Click here for more information
regarding this new, free service.
Quarterly
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Review
For your
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mind
Fund
Manager
Shareholder
Information &
Voting Rights
continued>>>
Regular
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Top ten buys and sells
TD Waterhouse
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London Investor Centre
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January:10
e:Newshare
I am also delighted to tell you about more awards that we have just
won for services to our customers. We recently picked up ‘Stockbroker
of the Year’ and ‘Best Stockbroker for International Share Dealing’ at
the prestigious FT Money/Investors Chronicle Investment Awards. In
addition to this, we were named ‘Best Execution Only Stockbroker’ at
the Shares Awards 2009. Also, for the 4th year running we were named
‘Best Online Share Dealing Provider’ and for the 2nd year running ‘Best
Share Dealing Provider’ by Your Money. All of these awards recognise
our competitive products and excellent service to customers both online
and over the phone.
That just leaves me to wish you a Happy New Year and happy trading
from everybody at TD Waterhouse.
Angus Rigby
Chief Executive Officer
TD Waterhouse Investor Services (Europe) Ltd
Regular
Features
Top ten buys and sells
TD Waterhouse
Investor Centre
for Everyone’s ISA
Quarterly
Market
Review
For your
peace of
mind
Fund
Manager
Shareholder
Information &
Voting Rights
Free Seminars
London Investor Centre
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More Money for Everyone’s ISA!
During the 2009 budget, it was announced that HM Revenue
and Customs will increase the subscription limit for Stocks &
Shares ISAs from 6th April 2010.
Currently, people aged over 50 have been
able to benefit from the increased Stocks &
Shares ISA limit of £10,200; however this will
be raised for everyone from April.
With interest rates at historic lows, the return
on Cash ISAs is less than in the past. This new
allowance increase could be a good time to
move money currently in a Cash ISA and
invest it in a Stocks and Shares ISA.
More information about these
changes
Information about our Trading ISA can be
found on our website at tdwaterhouse.co.uk.
Go to Choose an Account and select
Trading ISA.
Please note that the tax treatment of this
product is subject to your individual
circumstances and may change.
What are the
new options?
How to top up your ISA
1. Up to £5,100 of the
new allowance can be
saved in a Cash ISA.
The remainder of the
£10,200 limit can be
invested into a Stocks
& Shares ISA.
1. Login to your account at tdwaterhouse.co.uk
2. Go to Payments & Transfer section
3. Click on Fund My Account and select your chosen
method of funding.
2. The full £10,200 limit
can be invested into a
Stocks & Shares ISA
with one provider.
The value of your investments may go down as well as up.
You may not get back all the funds that you invest.
Newshare
January:10
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Quarterly Market Review
and Economic Outlook
Newshare
By
January:10
HOMEPAGE
After one of the most profound rallies in stock market history (which began in March), it
has been no surprise to see equity markets ease towards the 2009 finish line. With many
city traders winding things down, fears over the debts of Dubai World sparked only mild
volatility over the closing stages of this year’s final quarter.
2009 will go down as the year in which
global financial markets, having been
resuscitated by the world’s central bankers,
came through an extensive rehabilitation
programme and were returned to life as
normal. Led by the resource sector, equity
markets globally have blazed a trail and
with central bankers regarding the US
dollar as collateral damage, precious metals
players such as Fresnillo and Petropavlovsk
have been amongst the pick of the bunch.
Discussing the price of gold is probably
forbidden around the dining table at
Number 10. Having reached US$1,200 per
ounce, gold price strength has been the
prominent feature of 2009’s final quarter.
PM Gordon Brown’s decision to famously
sell half of the UK’s gold reserves almost 10
years ago will no doubt be highlighted by
the Conservatives in the run up to this
year’s election.
Labour’s chances of re-election were
served a body blow during October as it
was announced that the UK economy
remained in recession despite the United
States posting GDP growth of 3.5%. That
said, corporate earnings reports which
were previously patched up by cost
cutting measures provided strong
evidence of a recovery with top line
growth making a return.
Even the gloom on the high street
appears to be lifting, albeit slowly.
Amongst last quarter’s highlights were
retail giant Tesco which increased revenue
by over 9% and trading profits by 14%,
mobile phone retailer and broadband
provider Carphone Warehouse which
upped full year guidance after almost
doubling earnings per share. Fashion
chain Next reported better than expected
sales and although Currys and PC World
owner DSG International reported a drop
in first half like for like sales, management
had said that it has seen improving trends
in a number of its businesses.
read more>>>
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Quarterly Market Review
and Economic Outlook
Across the pond despite unemployment
jumping above 10%, the reporting
season was just as positive with Apple,
Amazon and Microsoft joining many of
the banks in topping expectations. Whilst
loose monetary policy and fiscal stimulus
has provided the platform, widespread
corporate fat stripping has given added
impetus. Indeed the earnings turnaround
is no more in evidence than at Ford. The
automaker recently reported US$1 billion
third quarter profits - a far cry from the
US$1.4 billion loss reported during this
year's opening quarter.
Keen to avoid a double dip recession,
policy makers in both the US and UK are
unlikely to raise interest rates any time
soon in our view. And looking ahead,
‘‘
leaner organisations and low interest
rates could well prove the catalyst for
earnings strength across Western
economies. In the case of the Bank of
England, a £25 billion quantitative easing
extension in November underscored that
nothing is being left to chance.
Elsewhere, the developing world has
continued to drive the global economy
forward. Fears over capital adequacy
regulation may have impacted the
Chinese stock market however China’s
third quarter GDP growth of 8.9% served
as a vindication of the government’s
US$600 billion fiscal stimulus. And what’s
more, India’s 7.9% third quarter GDP
growth has reminded us that there is
more than one powerhouse in Asia.
Keen to avoid a double dip recession,
policy makers in both the US and UK
are unlikely to raise interest rates any
time soon in our view.
’’
By
Newshare
January:10
HOMEPAGE
With the global economic recovery
gaining traction, the question remains
over how much good news is priced into
today’s share price valuations. With this in
mind discounting the possibility of a near
term period of consolidation for equities
would be foolhardy, however any
downside risk remains capped by the
significant amounts of institutional cash
still sitting on the sidelines.
In our view markets will continue to climb
during 2010 although the pace will be
more sanguine. History tells us no trend is
linear so it is fair to expect the ascent to
be interrupted by bouts of weakness
which will afford investors buying
opportunities in select areas.
Fat Prophets provides unbiased, independent research. Fat Prophets produces informative,
enlightening analysis on the global economic environment that will help investors position
their portfolios. Fat Prophets’ website is located at www.fatprophets.co.uk. Fat Prophets can
be contacted via email at info@fatprophets.co.uk. Details of the measures put in place by
Fat Prophets United Kingdom to prevent and avoid conflicts of interest can be found at
www.fatprophets.co.uk/compliance. The articles have been prepared independently of
TD Waterhouse, and TD Waterhouse makes no warranty as to the accuracy or completeness
of its content. Opinions expressed therein are those of the author, not TD Waterhouse, and
TD Waterhouse accepts no liability for any loss caused by use of the information. Fat
Prophets confirm that there are no interests or shares held by themselves, their directors,
employees,or affiliates,in relation to any of the stocks mentioned.Fat Prophets are confident
that their existing procedures and policies would identify any relevant holdings. Mint
Financial (UK) Ltd, trading as Fat Prophets, are Authorised and regulated by the Financial
Services Authority (FSA), 25 The North Colonnade, Canary Wharf, London E14 5HS (FSA
registered number 220591). Incorporated in England and Wales under registration number
04255908. Registered office: 107-111, Fleet Street, London EC4A 2AB.
MORE MONEY FOR
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For your peace of mind
The introduction of the TD Waterhouse Voice Print System means we
can now verify your identity using only your voice and you will not
need to provide characters from your Login Password.
This new service is live so if you haven’t
already recorded your voice print ring us to
do so now.
Telephone Authentication - How to
register for the TD Waterhouse
Voice Print System
1. Call 0800 138 6961
A Customer Services Representative will
verify your identity and explain the simple
enrolment process.
2. Memorable Information
You will be asked to provide a memorable
telephone number, date and year. After you
have provided this, you will be transferred to
a secure area.
3. Create your unique Voice Print
After you have been transferred to the
secure area, you will be asked to record your
Voice Print. You will be asked to say your
account number up to five times which will
create your unique Voice Print. You will then
be informed if it has been successful.
There has also been a change to the
telephone menu structure and you can ‘say’
the service you require instead of pressing
the relevant button on your keypad. You will
then be asked to state your Account
Number which will confirm your identity
prior to speaking to a Customer Services
Representative.
To find out more about the TD Waterhouse
Voice Print System call us on 0800 138 6961 or visit
tdwaterhouse.co.uk/security/telephone
Newshare
January:10
HOMEPAGE
MORE MONEY FOR
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AND SELLS
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Newshare
Fund Manager
January:10
JP Morgan Multi Asset Income Fund
HOMEPAGE
As low interest rates could persist for some time, traditional sources of investment income
(cash deposits and government bonds) may deliver unsatisfactory returns for the
foreseeable future. Indeed, interest rates are predicted to remain curbed because of
pressure on central banks to keep money flowing to aid industry and to help keep inflation
in check. So perhaps a new approach is needed for investors looking to keep acceptable
income levels without taking excessive capital risks.
Our JP Morgan Multi Asset Income Fund
could be an astute option for income
investors. It targets an income yield of onemonth sterling Libor plus 2.5% net of fees
from a flexible and diversified multi-asset
strategy – investing primarily across global
equities, investment grade bonds,
convertibles, real estate, high yield and
emerging market debt. The securities
chosen for the fund often have a low
correlation with each other – and can
outperform at different times – so the key is
to ascertain when to increase or reduce
weights, and to drill down to seek out the
best options in class.
That said, the fund’s globally diversified
securities are picked only for their ability to
generate income, which is paid quarterly.
This means that capital growth or capital
preservation is secondary to the fund’s main
objective of income generation.
The people behind the fund give it a
quantifiable edge. The Global Multi Asset
Group is a 40-strong team of portfolio
managers, analysts and strategists focused
on delivering the highest quality multi-asset
portfolios through superior asset allocation
and stock selection. The fund also benefits
considerably because it can draw on J.P.
Morgan’s wider pool of investment resources
and global research – ideal as it moves
between asset classes depending on where
the most attractive income opportunities
currently lie.
It’s worth noting that the volatility of the
fund’s underlying investments means that
investors should have a three-to-five year
investment horizon and income is not
guaranteed. However, the fund does offer
long-term capital growth potential while
providing access to worldwide income
opportunities not usually available to UK
investors within a single portfolio.
This article has been prepared independently of TD Waterhouse and TD Waterhouse makes no
warranty as to the accuracy or completeness of its content.
This is a financial promotion. The value of investments and the income from them may fall as well
as rise and investors may not get back the full amount invested. The opinions expressed are those
held by the author at the time of going to print and are subject to change. This material should not
be considered by the recipient as a recommendation relating to the acquisition or disposal of
investments. Issued in the UK by JPMorgan Asset Management Marketing Limited which is
authorised and regulated in the UK by the Financial Services Authority. Registered in England No.
288553. Registered address: 125 London Wall, London EC2Y 5AJ.
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Shareholder Information
& Voting Rights
Not being recognised as the beneficial owner of stock
has long been a problem for UK investors when holding
shares electronically with a broker. TD Waterhouse is the
first non advisory broker in the UK to offer a
Shareholder Voting & Information Rights Service.
Shareholder Voting & Information is a
free opt in service that enables you to
receive shareholder materials and vote
on decisions directly affecting your UK
registered shareholdings held in your
nominee account.
You will receive an email notification
each time that there is a new event for
you to see and it will be placed into
your Voting & Information mailbox
which is available in your secure
website. The types of events that you
will receive information on include
Voting by Proxy and Annual/semi
annual reports.
Even though this is an online service we
are not responsible for how the
underlying companies contact you with
their information. We will also not
attach any documents to the email for
security reasons.
Sign Up for eServices today to get information faster
Signing up for eServices is free and easy. Simply login and go to
Account Administration/Document Preferences, choose the
email option to reduce the amount of paper you receive and have
all your Contract Notes, Statements and Corporate Actions sent
to you electronically.
Newshare
January:10
HOMEPAGE
MORE MONEY FOR
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TOP TEN BUYS
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TOP TEN BUYS AND SELLS
These Top Ten Buys and Sells should not be taken as a
recommendation to buy or sell any particular bond or stock,
and it is not intended to offer any form of advice to readers.
Instead it is simply an indication of general buying and selling
trends amongst some TD Waterhouse customers, observed
during the past three months.
Newshare
January:10
HOMEPAGE
MORE MONEY FOR
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BUYS
1 LLOYDS BANKING GROUP
2 ROYAL BK SCOT GROUP
3 BARCLAYS
4 GULF KEYSTONE PETR
5 XSTRATA PLC
6 TAYLOR WIMPEY
7 YELL GROUP
SELLS
LLOYDS BANKING GROUP 1
SHAREHOLDER
INFORMATION &
VOTING RIGHTS
ROYAL BK SCOT GROUP 2
BARCLAYS 3
XSTRATA PLC 4
GULF KEYSTONE PETR 5
YELL GROUP 6
TOP TEN BUYS
AND SELLS
TD WATERHOUSE
INVESTOR CENTRE
TAYLOR WIMPEY 7
KAZAKHMYS 8
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9 KAZAKHMYS
RIO TINTO 9
LEGAL DISCLOSURES
10 NOSTRA TERRA OIL
PROVEXIS 10
8 PROVEXIS
Newshare
January:10
HOMEPAGE
MORE MONEY FOR
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TD Waterhouse Investor Centre
Join us around the UK
Make the most of your ISA
Seminars
February sees the TD Waterhouse seminar
campaign reaching further afield. Along
with our regular seminars at the Investor
Centre in London, we are pleased to be
able to offer you the opportunity to
attend one of our roadshow events in
Manchester, Birmingham or London. The
roadshows will be in conjunction with
Société Générale, and will centre around
a Guide to Trading. The events will
provide you with an insight into the stock
market and why you might choose to
invest in it, plus information about the
products and services that we offer.
As the end of the tax year draws nearer,
have you used your full annual ISA
allowance? With increases to the annual
allowance for over 50s from 6th October
2009 to £10,200 and an allowance of
£7,200 for those under 50 there is no
better time to come down to the Investor
Centre for a seminar on Tax-efficient
investing. As an execution-only broker we
cannot offer advice, but we can match our
products to your needs.
The London Investor Centre currently offers
a whole range of seminars which are
suitable for both Traders and Investors and
can be attended on an individual basis or as
a course. If you are keen to attend a
number of seminars, then you might also
want to consider taking advantage of one
of our quarterly half-day events.
Interested in different topics?
At our London Investor Centre we can
arrange for one of our experienced Investor
Centre Representatives to discuss investing
for income, fundamental analysis and how
to use our stock selection tool
Personal Appointments
If you would prefer to speak to an
experienced Investor Centre representative
to find out more about the investment
choices available to you, then we can
arrange a personal appointment. The
appointment can be tailored to your
requirements; popular topics include
Technical Analysis, Investing for Income and
How to make the most of your account.
Free Seminars>>>
*CFDs and Financial Spread Betting may not be suitable for all customers; therefore you should understand the risks involved and seek independent advice
if necessary. This information should not be viewed as a recommendation to effect a CFD or Financial Spread Betting trade in any particular share or index.
If the price of a CFD or Financial Spread Betting trade moves against you, you could face unlimited losses and face the need to make additional payments.
You could lose all the money you have invested and you may have to pay more later.
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FOR YOUR
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FUND MANAGER
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TOP TEN BUYS
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Newshare
January:10
HOMEPAGE
MORE MONEY FOR
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Free Seminars - London Investor Centre
QUARTERLY
MARKET REVIEW
FOR YOUR
PEACE OF MIND
TD Waterhouse and Société Générale Roadshow*
FUND MANAGER
Stock Market Essentials: A half day course for Investors
SHAREHOLDER
INFORMATION &
VOTING RIGHTS
Technical Analysis for Beginners
Using the TD Waterhouse Website: Making the most of your account
A Guide to Short Term Trading
Introduction to International Trading
TOP TEN BUYS
AND SELLS
TD WATERHOUSE
INVESTOR CENTRE
Investment Strategies with Fat Prophets
Investing for Income Bonds, Gilts and PIBs
A full list of free seminars is available at tdwaterhouse.co.uk
*This seminar is held in London, Manchester and Birmingham.
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