Nutmeg isa doing terribly do I take the loss and transfer to a different provider?

Albermarle

While I understand the current economic climate is difficult, the fact that the uk stock market has just hit an all time high makes me think Nutmeg isn't all that great.

I have not checked the composition of Nutmeg funds, but normally all these types of funds only have a minor % of funds invested in the UK stock market. Also the recent upturn in the FTSE makes a change as its performance in recent decade has been pretty poor.

So the fact that the FTSE has hit an all time high is only for the headline writers, and will have had little impact on most investors.

FYI- The UK financial markets account for about 4% of the global market. The US is about 65% I think.

emwi

Thanks for your replies.