SJP Gilts/Corporate Bond

hedger

Ive now become too nervous about the rapidly declining nature of my St James's Place Investments (THSP/Inv Perp/GAM) and now Im seriously considering (I actually have the forms completed to transfer) changing it all over to Gilts and/or SJP Corporate Bond

any thoughts on my idea?

dunstonh

Why limit yourself to SJP invsetments? Why not look at the whole of market and get a better spread?

any thoughts on my idea?

It could end up being a case of shutting the stable door after the horse has bolted.

hedger

dunstonh wrote: »

Why limit yourself to SJP invsetments? Why not look at the whole of market and get a better spread?


It could end up being a case of shutting the stable door after the horse has bolted.

I dont want to be hit with the extortionate fees to pull out from SJP (4% Im in the 3rd year)
It may be a case of shutting the door after the horse has bolted but with £150K it could well bolt again (and I bet it does) :eek:

any thoughts on the gilts and corporate bond? relatively safe?

dunstonh

I dont want to be hit with the extortionate fees to pull out from SJP (4% Im in the 3rd year)

Wow, I didnt realise their products were that obsolete and had exit charges.

It may be a case of shutting the door after the horse has bolted but with £150K it could well bolt again (and I bet it does) :eek:

Wouldnt things be so much easier if we knew

any thoughts on the gilts and corporate bond? relatively safe?

yes. Considering current pricing and if you stick to high rated bond funds (as in corp bond funds with companies with AAA or similar rating and not BBB) then you will reduce the risk. Although the potential reward will come down with it. There are higher risk corp bond and other bond funds out there so make sure you check.