Fidelity Wealth Builder... not!

Marmot

Hi, this is a bit ridiculous as I probably should know where to find this information!

But I've been paying into a S&S ISA for quite a few years which was originally advised as my 'Repayment Vehicle' when I had an interest only mortgage. I sold the property but have blithely continued paying into the fund assuming it must be doing ok. I'm now trying to be a bit more clued up and am concerned to see that between this weekend & today my fund value has dropped £277. Whilst I appreciate market forces etc I'm now not convinced that this fund/ISA actually has a particularly good track/growth record.

So! My question is - is there anywhere I can go to get a true view of how this Wealth Builder fund has actually been going? And get a simplified view of alternative funds I could potentially look at to transfer to and how they've been performing?

I fully appreciate that value of shares can go down as well as up and I'm not asking for specific advice on an alternative investment but I'm getting the feeling that I've been a bit stupid here and need to try and be a bit more clued up!

Many thanks in advance for any advice/guidance :-)

Marmot

jimjames

A £277 drop may or may not be significant depending on the total value. If it is 0.1% then it isn't significant. The FTSE dropped 2% yesterday so how does that compare to your fund? You really need to check the exact fund/funds you are invested in to be able to compare performance.

jem16

Marmot wrote: »

So! My question is - is there anywhere I can go to get a true view of how this Wealth Builder fund has actually been going?

http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=FIWBLD&univ=U

And get a simplified view of alternative funds I could potentially look at to transfer to and how they've been performing?

Trustnet will give you all the info you need.

Marmot

Great, many thanks for your help. Much appreciated :-)

Marmot