In the 1990s, the bog standard fund for Investments was the With Profits fund. However they have died a death a combination of poor performance & mysterious charhes called Market value reductions.
What has replaced With profits?
One of the options is the Cautious Managed Fund.
It invests in Gilts (loans to the government), corporate bonds (loans to companies) and shares.
The fund manager has the ability to switch between these types of assets as market conditions change.
Who has the best funds?
You know the answer...take proper advice.
No comments:
Post a Comment