European Equities

sheslookinhot

The 2 European funds in my S&S Isa are showing an improvemt of only around 6% in the 20 months I have been paying into them (£50/month). The 2 Global and 2 UK funds are up 25% over same term.

Does anyone have any thoughts or opinions on whether these will improve over the next 12 months ?

lvader

A good chunk of the difference probably comes down to currency variations. I think there is a lot of scope for both european stocks and the euro in the coming years and certainly should have some part of a ballanced portfolio.

utigers

Not sure which funds you have but they have surely done better than that? I have one at 33% and one at 25% over the last 2 years with no fresh investment. This is a decent performance but not when you compare it to other sectors.

I fancy Europe excluding the UK to have a good 2 to 3 years. Next year could be bumpy, but I do think the sector is undervalued and it has done poor against other areas you could put your money.

Stick with it.

sheslookinhot

utigers wrote: »

Not sure which funds you have but they have surely done better than that?
Stick with it.

Jupiter European Income Accumulation Units, growth of 5.5% since April 09
Cazenove European Class B Accumulation Units, growth of 6.4% since April 09

Linton

Dont forget, on average your money has only been invested for 10 months. 6% in 10 months isnt too bad.

According to Trustnet the average European fund seems to have been pretty constant for the past year or so, after rising rapidly in the previous 6 months. The Cazenove fund has followed that pattern. The Jupiter fund seems to have increased in value markedly since September.

The main point is that 10 months is far too short to make any judgement on funds - keep going another 2-3 years and look again.