Why not invest in individual equities?
Household names, such as M&S, Shell, GEC/Marconi and Sainsbury, long beloved by private investors, have sometimes proved to be very disappointing investments, and large company shares have become as volatile as those of small companies. We all hate to see big losses in our portfolios, and buying individual shares increases the chances of having the occasional disaster.
Risk warning: You should remember that the value of investments and the income derived therefrom may fall as well as rise and you may not get back the amount that you invest. Past performance is not a guide to the future.