Just after some advice from anyone who knows about different investment products.
I was just wondering if there is some sort of fund that can be set up where people can put a certain amount of money into it, and also select shares in different companies that a certain percentage of the money invested would be based on?
For example if I had £2,000 to invest, instead of buying £500 of shares in 4 different companies, is there any sort of fund you could set up to spread your investments further to protect against loss (eg not putting all your eggs in one basket).
So for example that £2000 could be in some sort of fund where you can chose to split the investment in 10 different directions, perhaps 10% would be based on the performance of the London Stock Exchange, 50% would be spread between 6 or 7 different companies, and the remainder invested against the price of Gold or Silver etc?
Is there anything like this where you can set up your own fund and decide what the money is invested against and split it in a number of ways?
Thanks for your help
John