THE POWER OF MONTHLY SAVING

The chart below compares the *returns* of a £20 per month savings plan over 10, 15 and 20 years in the average UK All Companies *investment fund*, which invests in *shares*, compared to the average UK *Corporate Bond* investment fund and an average building society *deposit account*.

Please note that past performance is no indication of future returns.

If you had started saving £20 a month in August 1994 into the average UK All Companies investment fund savings plan then by August 2009 you would have built up a sum of £4,886. Making the same monthly payments into a building society account over 15 years would have resulted in a sum of £4,055. Over a longer period (20 years) the gap widens even further. Had you started to save £20 a month in August 1989 into the average UK All Companies investment fund savings plan it would now be worth £9,050 compared to only £5,850 had you made the same monthly payments into a building society account.