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ISA and Unit Trust Investments
the_paisley_buddy
Posts: 1 Newbie
Hi, I have 3 separate ISA ans unit trust investments and my last October statement should they have increased significantly in the last 6 months 50k+ do people think today's budget will massively effect the unit prices which are jn UK, European and US Growth. Thanks in advance
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Comments
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This should definitely be in the Banking & Borrowing > Savings & Investments subforum.
Reported to move.
Except for potential currency fluctuations (I don't know if you hold hedged investments), it's unlikely the UK budget will have any noticeable impact on US or European investment funds. UK is to be seen.Know what you don't0 -
do people think today's budget will massively effect the unit prices which are jn UK, European and US Growth.The uk accounts for around 4% of the global economy. So, it wont have any impact globally. And looking at markets as we are about to close, the UK is up about the same as the US. However, the pound is up about half a per cent, which will wipe out much of the US gains.
So, basically no. Nothing massive. Just typical daily movements.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.2
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