Three attractive funds to buy now

Professional investor John Goodall picks three funds that should appeal to investors looking for capital preservation, growth and income.

Each week, a professional investor tells us where he'd put his money.This week:John Goodall of WH Ireland Wealth Management.

Global equity valuations remain full on the whole, yet economic growth is slow and the outlook is highly uncertain. With the impetus from low oil prices fading, the inflation rate looks to be at, or close to, the peak. Total US loan growth has dropped to a three-year low a growth rate of 4% is approximately half of what it was this time last year. Growth in UK consumer spending the most important component of economic output has been propped up by a record low in the savings ratio and by rising unsecured debt. This does not look sustainable in the long term.

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John Goodall is head of private client research at WH Ireland.