HBOS ISA Investor

sscott5581

Hi

Just after a bit of advice.

I currently have an ISA Investor (catious fund) with HBOS and since the LLOYDS/HBOS announcement the value of my fund has dropped quite a bit.

Do I keep my investment with HBOS and wait to see if share prices rise or do I ditch HBOS and move my investment elsewhere.

At the moment I have invested £480 however my fund is worth £439 today.

I realise this is not a big investment however I pay in £80 every month.

Thanks in advance

dunstonh

I currently have an ISA Investor (catious fund) with HBOS and since the LLOYDS/HBOS announcement the value of my fund has dropped quite a bit.

I think you will find that its not related to the announcement. Its just a general trend over the current market.

Do I keep my investment with HBOS and wait to see if share prices rise or do I ditch HBOS and move my investment elsewhere.

The fund is rubbish. So, that reason should see you transfer it. However, you would need to investigate alternative options and understand risk and reward if you intend to this or get an IFA to do it for you (not a bank sales rep).

I realise this is not a big investment however I pay in £80 every month.

Its a good time to by paying monthly. So, nothing wrong with that.

sscott5581

Thanks dunstonh for your reply.

Any other advice??

Many thanks