L&G Growth Trust

jessicamb

Hello

I was wondering if anyone could give me any thoughts on an old S&S ISA I have that I no longer contribute to. In short I could take the money out to pay a bill about to come due or take a few more months and pay it off slower and keep the account going.

The fund invested in is L&G Growth Trust (R) (Morningstar info). Does anyone have any thoughts on if this fund is any good or not?

Thanks in advance for any replies.

Rollinghome

jessicamb wrote: »

Does anyone have any thoughts on if this fund is any good or not?

It's one the best in it's sector, you chose well!

Whether you should keep it though depends on the cost of servicing the debt and how well you expect the fund to do over the coming years. Most people would want to have a reasonable amount in cash savings before investing in the markets. It also depends on whether it's a large holding amounting to several years ISA allowance that you might not want to lose, which should really be split between funds anyway, or something much smaller.

jessicamb

Rollinghome wrote: »

It's one the best in it's sector, you chose well!

Whether you should keep it though depends on the cost of servicing the debt and how well you expect the fund to do over the coming years. Most people would want to have a reasonable amount in cash savings before investing in the markets. It also depends on whether it's a large holding amounting to several years ISA allowance that you might not want to lose, which should really be split between funds anyway, or something much smaller.

Thank you. Its only a few hundred pounds that I put aside a while ago and only remember periodically I have. I'll probably keep it where it is for now then as I dont desperately need to raid it.