Five funds to watch for 2024

hl.co.uk:

We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Newsroom

Newsroom articles are published by leading news agencies. Hargreaves Lansdown is not responsible for an article's content and its accuracy. We may not share the views of the author.

HL Podcast

HL Insight

Category: INVESTMENT IDEAS 2024

Our expert fund research team provides its pick of funds to watch for 2024.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Emma Wall – Head of Investment Analysis and Research

Investing is by its very nature long term. Funds are designed to be held for five years plus, in a portfolio alongside other, different funds, to help reduce risk through the market cycle. This long-term view means that every investor will face periods of uncertainty and market volatility in their journey to reach their financial goals. 2024 is likely to be one of those bumpy times.

But that doesn’t mean you shouldn’t invest. In fact, times of market turbulence can create excellent investment opportunities – and don’t worry about getting your timing just right, over the long term, it is time in the market, not timing the market which has been proven to be the best indicator of outperformance.

Investing in these funds isn’t right for everyone. Investors should only invest if the fund’s objectives are aligned with their own, and there’s a specific need for the type of investment being made.

Investors should understand the specific risks of a fund before they