Invest more into NFU Mutual Mixed Portfolio 20 - 60% Shares C or go elsewhere?

Jet

I have an ISA with NFU where the current value is less than the original investment.  I've had it 2 years.  I know I need to think long term with this sort of investment but I am wondering if just finding a high street ISA might be a better option?

dunstonh

I have an ISA with NFU where the current value is less than the original investment.  I've had it 2 years.

It is an investment with high fixed interest securities and they have had a bad 2022 and 2023.   Gilts, in particular, have had their worst period in over 100 years.

What do you mean by a high street ISA?

Jet

Yes, I did think that I had chosen the wrong time for this sort of investment and I should see it as a long term investment.

When I say a "high st ISA" I guess I mean an ISA where there is less risk, and by definition less growth, long term.  

Albermarle

Jet said:

Yes, I did think that I had chosen the wrong time for this sort of investment and I should see it as a long term investment.

When I say a "high st ISA" I guess I mean an ISA where there is less risk, and by definition less growth, long term.  

A Stocks and shares ISA is in the jargon a 'tax wrapper' It means you can buy and hold investments within it without having to worry about any tax implications, which is why there is a limit on how much you can add to it each tax year.
 Any growth ( or the opposite) is driven by the investments you hold within the ISA, not by the ISA itself.

So it is the investment you chose that is the issue, not the ISA. If I look at the first page of the NFU ISA website it says.

An ISA that allows you to select the funds you invest your money into.
We have a number of funds with varying levels of risk to suit different investors, which is why we've called it the Select ISA.
You should be aware that the value of your investment may go down and you may get back less than you invested.

If you changed to a different ISA, you would still have to make choices and all the above would still apply.

jimjames

Jet said:

I have an ISA with NFU where the current value is less than the original investment.  I've had it 2 years.  I know I need to think long term with this sort of investment but I am wondering if just finding a high street ISA might be a better option?

Alternatively rather than paying more into a cash ISA you could top up the S&S ISA and buy more units at a lower price. Obviously depends on your need for the money and your risk tolerance but could mean you're getting more of a bargain than when you invested originally

Beddie

Speak to your NFU "adviser" and ask them to explain why he/she thought this investment was suitable for you. If those reasons still apply then you should continue to invest. They will likely explain the same as others here have said - that the bond/fixed interest crash was a one-off. This is a valid comment, of course.

Assuming you told them you wanted to invest for 5 years or more, then the value now is not relevant at all, so stick with it. But if you cannot cope with falls then investing is not for you, so stick it in a cash ISA if you're going to spend all your time worrying about it.

Also wanted to add - if you're asking whether you are likely to get higher returns from e.g. a 5 year fixed rate or your NFU ISA, I'd say it's probably the former. NFU investment performance is generally poor. But we don't know for sure what the future holds, of course.