Blue Whale puts skin in the game with £120,000 investment in own fund

£10,000 installments over a year

Elliot Gulliver-Needham
clock • 1 min read
Stephen Yiu, managing partner and CIO at Blue Whale
Image:

Stephen Yiu, managing partner and CIO at Blue Whale

Blue Whale is set to invest £120,000 in its own LF Blue Whale Growth fund, as the firm demonstrates how investors can put money to work amid uncertainty.

The firm plans to invest £10,000 a month over the next year, with the first investment taking place yesterday (1 August) at a price of 167.26p. These regular investments are intended a pound-cost averaging exercise, which Blue Whale said aims to get money into the market despite "times of uncertainty". Blue Whale suggested that other investors could follow, arguing that as cash deposits are being "eroded by inflation", spreading investment over a period of months can smooth out volatility. Blue Whale backs investment process as fund tumbles 30% The firm said it plans to offer re...

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