Welcome to our
‘new look’ i.nvesting
In this issue, we have
included a series of articles
to help you make the
most of the tax breaks
available before the
end of the tax year.
We also take a look at
the Morningstar research
tool and give you a quick
reminder of some of the
excellent features available.
I hope you enjoy this
edition and as always would
welcome your feedback
and any suggestions
for future articles.
This newsletter is prepared for general information only. Nothing in it should be taken as an offer, invitation or inducement to engage
in investment activity. Alliance Trust does not give financial advice. Please remember the value of investments and any income from
them can go up or down and you may not get back the amount you invested. All investments carry an element of risk, which may
differ significantly, and if you are unsure as to the suitability of any particular investments, you should seek professional financial advice.
Foreign markets will involve different risks than UK markets, in some cases the risks will be greater. The potential for profit or loss from
transactions on foreign markets or in foreign currency denominated marketswill be affected by fluctuations in foreign exchange rates.
We do not give advice and the inclusion of particular stock names is not intended as a recommendation. You should remember that the
amount of tax relief depends on your individual circumstances and that the beneficial tax treatment of ISAs may not continue in the
future. Information relevant to 2011/12 tax year unless otherwise stated.
This information is based on our understanding of current tax law and HM Revenue & Customs (HMRC) rules. Legislation and tax
regulations are not guaranteed and can change at any time. Current tax advantages may change and could be withdrawn; tax rates
and reliefs may change and depend on individual circumstances.