JENIFER and Alasdair MacCalium, who save £300 monthly into a stocks and shares Isas, remained fairly chilled as they watched last week's thrills and spills on the markets, writes Teresa Hunter.
Primary school teacher Jenifer, 33, explained: "If we needed the money in the next couple of years we would probably be worried. But we are saving long term and we know shares go up and down. Hopefully over the long term we will do okay."
She and
husband Alasdair are saving to cover university bills for their two-year-old daughter Ciorstaidh, and also to pay for some work they would like doing on the house in the future.
They were recommended to open Isas, beginning with a mini cash Isa, when they moved their savings and other accounts to the Co-op because of its ethical stance.
The Glasgow couple are now saving regularly into the CIS Sustainable Leaders Trust, which last year became the first ethical fund to top the UK All Companies Sector. It is managed by Mike Fox, who was also nominated Citywire's UK Growth Fund Manager of the Year 2007.
Investments grew by 56% over three years to December 31, 2007, compared with 50% from the FTSE All Share, and 44% from the UK All Companies Sector.
Last week it lost 5.8%, when the FTSE All Share tumbled 9.7% and the UK All Companies sector was down 7.07%.
The full article contains 244 words and appears in Scotland On Sunday newspaper.
