Unit Linked Endowment - Re-assurance????

DAVEYROBBO

DAVEYROBBO wrote: »

This morning I received some info from GFS namely this:

Current Cas in Value £17535 (no surrender charges).
Illustrated Maturity Value £27300 @4% £34600 @8%.
The original fund projection was for £44950.

as quoted before:
The life cover element of the policy is the £2.63 per month and the unit allocation per month is the £63.43. The charges/fees that they take are raised by the difference in the Offer/Bid price currently £13.00 - £12.35 = 65p per unit therefore charges are 5%.

Performance wise the fund at 31.05.08 performance was as such:

1 month 6 months 1 year 3 years 5 years 10 years Overall since 02.79
-4.96% -4.75% -5.43% +25.4% +55.3% +27.6% 9.26% p.a

The comparison data that they have supplied me with wrt their own funds shows it to be an upper mid range performer over the last 5 yrs and lower mid over the last 10yrs. It is their largest and perhaps lowest risk fund.
In comparison with other fund providers using Lipper Hindsight its quartile rating for 1,3, & 5 yrs is 2 & 10 yrs is 3.

I now obviously need to make a decision as regards as to what to do with this investment and as such any advice would be most welcome.

Regards
Davey Robbo

Anyone any thoughts???