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ISA and Unit Trust Investments

the_paisley_buddy
the_paisley_buddy Posts: 1 Newbie
edited 26 November at 4:40PM in Savings & investments
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 

Comments

  • Exodi
    Exodi Posts: 4,291 Forumite
    Eighth Anniversary 1,000 Posts Home Insurance Hacker! Holiday Haggler
    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't
  • dunstonh
    dunstonh Posts: 120,505 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
     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.
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