stocks and shares ISA

pomm001

Hello

in 2001 i took out a stocks and shares ISA , it started off OK but ended up loosing money a long time before the crash.
10 years later it has still not back to its original value, I am now in mild dispute with the fund as i have to pay the management fees for them loosing me money

What i need to find is some information on the average performance graphs of stock and shares isa's over the last 10 years

spent ages on google but not able to find anything

Thanks

cloud_dog

Not sure you are able to claim unless it was an advisory service and the investments do not meet your risk profile but..........

You could look at https://www.trustnet.co.uk is quite good for looking back over past performance and ranking.

Also, https://www.iii.co.uk will show historical infrmation including a graph against a funds benchmark, see here for an example. Also if you dive a bit further in to iii when you find the fund you are looking for you are able to chart its performance against another fund for comparision.

jimjames

It would be interesting to know the fund choices and if they were your choice or an advisers.

An ISA itself doesn't lose money as it is just a tax free wrapper, the choice of investments determines the returns. If you'd invested in a UK tracker fund you'd be looking at more than breaking even including dividends over that time frame so it would indicate a much more high risk fund choice.

Burridge60

If you are unhappy with a fund based approach but still want a shares ISA you could go for your own self chosen stocks through a shares ISA.

There are numerous providers on the net if you search for them. I am sure you could transfer your current ISA funds to a new provider too. This is not the same as closing and then reinvesting the cash.

dunstonh

in 2001 i took out a stocks and shares ISA , it started off OK but ended up loosing money a long time before the crash.

Which crash are you on about? We had a few in that period as well as a few corrections and slow burning declines. As well as some steady growth periods.

, I am now in mild dispute with the fund as i have to pay the management fees for them loosing me money

That wont get you anywhere as you cant complain about performance as performance is unknown. You dont get your money back just because the investments you chose didnt perform as well as others.

It should also be noted that the last decade has pretty much been one of the worst for investments for generations. Its still been possible to make money. Those that rebalanced their portfolios or bought during down turns rather than at peaks would have done nicely. If you were not diversified and invested in limited sectors. i.e. 100% investing in UK equity for example, then you shouldnt expect to have made much if any money. If you fashion invested but picked the wrong fashion (i.e. tech stocks) then you would have suffered. Picked the right one and you could have made a fortune.

You havent mentioned the investments. What funds were they?

Loughton_Monkey

pomm001 wrote: »

spent ages on google but not able to find anything

This is probably because you are confusing the term "ISA" with the term "Investment Fund".

Under the tax-free banner of an ISA, you made an investment - which you haven't mentioned. There are literally thousands of investments you could have made. Some will have produced exceptionally good returns. Some could have halved - or almost lost everything. Others have simply languished up and down and arrived at a similar value as 10 years ago.

If you choose to reveal what particular investment(s) you made, someone might be able to give a sensible comment on it.

pomm001

Loughton_Monkey wrote: »

This is probably because you are confusing the term "ISA" with the term "Investment Fund".

Under the tax-free banner of an ISA, you made an investment - which you haven't mentioned. There are literally thousands of investments you could have made. Some will have produced exceptionally good returns. Some could have halved - or almost lost everything. Others have simply languished up and down and arrived at a similar value as 10 years ago.

If you choose to reveal what particular investment(s) you made, someone might be able to give a sensible comment on it.

It was a stocks and shares ISA, I understand the risks, and the charges, I am not suggesting that anyone has done anything away from the set out conditions when originally taken out.
While i understand that the value can go down as well as up
I just need a 'benchmark' to measure it against while i ponder to either cut my losses and more to something else or just hang on

I will not mention the fund at the moment as that would not be fair

jem16

pomm001 wrote: »

While i understand that the value can go down as well as up I just need a 'benchmark' to measure it against while i ponder to either cut my losses and more to something else or just hang on

I will not mention the fund at the moment as that would not be fair

How can anyone give you a "benchmark" without knowing the name of the fund? It's the fund that will determine what you make or lose and not the ISA wrapper which is simply the container.

From the sound of it you have invested in one single fund (always a bad idea ) rather than a spread of funds.

Loughton_Monkey

pomm001 wrote: »

It was a stocks and shares ISA, I understand the risks, and the charges, I am not suggesting that anyone has done anything away from the set out conditions when originally taken out.
While i understand that the value can go down as well as up
I just need a 'benchmark' to measure it against while i ponder to either cut my losses and more to something else or just hang on

I will not mention the fund at the moment as that would not be fair

Please understand there can be no benchmark for an "ISA" - which is a tax free arrangement and not an investment.

As to whatever investment, then again, there is no benchmark because there are literally thousands of them. The growth over the last 10 years (if you must have a benchmark) will be anything from -99% to +500%. Did yours fit in to this benchmark?

Every fund's past performance is available freely on hundreds of sites in infinite detail. So why do you think mentioning a fund's name (and how it performed) is not 'fair'?

For example. Aberdeen Property Share A Accumulation Fund has dropped 39.1% over the last 3 years. For me to mention that is (a) fair, and (b) common knowledge to anyone who cares to look it up.

blinko

pomm001 wrote: »

Hello

in 2001 i took out a stocks and shares ISA , it started off OK but ended up loosing money a long time before the crash.
10 years later it has still not back to its original value, I am now in mild dispute with the fund as i have to pay the management fees for them loosing me money

What i need to find is some information on the average performance graphs of stock and shares isa's over the last 10 years

spent ages on google but not able to find anything

Thanks

we cannot give you a bench mark if we dont know what the funds are ?

jimjames

As per the previous replies you have to give the fund details so anyone can comment, even the sectors you invested in would be a start.

It also really depends whether you invested in one lump sum or monthly as that was a very volatile year for shares. When I checked the price I paid monthly was varying by some 40% in some cases.

I've checked my ISA from 2001 and some performance figures for funds (I won't say which is which) I bought in it from 2001 to date are:

-28.6%
-34.5%
18.6%
21.8%
19.4%

(these take no account of dividends - purely the buy price then to now)

So is your range within that? In reality if you aren't happy paying the management charges the only way to stop paying them is to sell the investments. The manager is still managing them even if you aren't happy with the performance. If you bought a tech or Japan fund in 2001 the chances are that you are still a long way under water compared to your buy price.