Advice Please - S&S ISA - Newton Real Return

Si__2

Hi Everyone,

I have a shares ISA with Sterling assurance with the Newton Real Return fund. From a google search it appears to have some good press.

In laymans terms, is this fund any good? I checked my balance today and £2000 invested over the last year has a current value of £1869.

I'm looking to put away a bit more cash so want to know it's in a reasonably sound fund.

I'd consider myself pretty money savvy with standard savings and ISAs, but I find S&S funds totally confusing and complicated!

Part of me thinks that given the current economic situation, I might be best to bail and get a guaranteed 3% interest on it... rather than watch the money do very little.

Any advice would be much appreciated!:)

Rollinghome

As you'll know, this is a fund in the Absolute Return sector and as such it's done better than others. Although it's 1.5% down on the year, the sector as a whole is down 2% and the FTSE (including divis) is down 2.5%. It's had one of the better long-term performances but past performance is rarely a reliable guide.

It's going to depend on what the equity markets do to know how good it's been to hold. If markets rise you'd expect it to rise more slowly but to have smaller loses if markets fall. No one knows which of those will happen.

So I think many people would regard it as a "reasonably sound fund" of its type but impossible to say whether it will do better than staying in savings.