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HSBC endowment funds

cheapaschips_2
Posts: 201 Forumite
Hi, i posted recently about mis-selling. i've been upheld but need to decide what i'm going to do next.
as part of this i need to know how well my fund is doing.
I've now found out my endowment is invested in the HSBC life balanced fund (thats what it sounded like over the phone)
Can anyone tell me how it's doing at the moment???
Where is this info available???
thanks
cheap
as part of this i need to know how well my fund is doing.
I've now found out my endowment is invested in the HSBC life balanced fund (thats what it sounded like over the phone)
Can anyone tell me how it's doing at the moment???
Where is this info available???
thanks
cheap
0
Comments
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Since launch, it has averaged 6.68%p.a.
Out 205 funds available 10 years ago, it is ranked 114th. % wise, it is below average.
Its not a very good fund but HSBC do offer others which you can switch to, although their range isn't exactly wonderful, some of the others offer better potential for growth over the long term. We cannot recommend funds here so your options are to research the alternative funds yourself or get an IFA to do it for you.
http://www.trustnet.com/life/groups/?group=hsbc_if
that will give a brief bit of information which isnt bad for free information. IFAs pay for their information so we get more detail.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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