Looking to invest - tracker funds

Pete9501

dunstonh wrote: »

And when do you think that will be?

In about a fortnight when Greece bounces cheques on the IMF and EU. I am kind of hoping daughters investment will start buying shares in 3 weeks.

jamesd

ZiggerZagger wrote: »

The equity funds have already lost 3.5% which is pretty big in under a month

Wait until you see daily percentage moves like these, I've removed those of less than 3%:

05/09/2008 -4.55
10/09/2008 -3.70
18/09/2008 -3.77
19/09/2008 5.49
30/09/2008 -3.91
01/10/2008 3.18
03/10/2008 -5.77
06/10/2008 -4.20
07/10/2008 -3.28
08/10/2008 -4.31
10/10/2008 -5.50
14/10/2008 8.29
16/10/2008 -6.35
21/10/2008 3.96
23/10/2008 -6.78
29/10/2008 4.20
30/10/2008 3.64
06/11/2008 -4.13
10/11/2008 3.53
14/11/2008 4.86
17/11/2008 -3.73
20/11/2008 -3.88
25/11/2008 4.76
09/12/2008 3.00

For the whole period there was a drop of 31.85% across the dozen or so funds involved.