Inherited investment fund help.

Percey

Found some more paper work valuation at 2020 was 5k so at 2004 may have been substantially lower 1k maybe?

This company has changed names multiple times during my fund holding.

The fund has been converted also from acc1 to acc2 ??

This is getting more complicated as time goes on.

wmb194

https://forums.moneysavingexpert.com/discussion/comment/81970211#Comment_81970211

If all that’s happened over the years is that the fund manager’s name changed then it might be able to tell you your acquisition cost.

It doesn’t matter that it converted as the acquisition cost remains the same.

EthicsGradient

Trustnet says that this fund (in the Acc version) was roughly worth 2.4 to 2.9 times its Jan 2004 worth, in the period from Jun 2020 to Dec 2020 (you presumably have the exact date the £5k valuation was for; what you've posted just tells us between Jun 22nd and the end of the year).

Chart Tool | Trustnet

(you can manually alter the start and end dates of the chart to get 2004 to 2020; it is comparing the "1" and "2" versions, and you can see the difference is little - a different charging structure would explain it).

So that implies the 2004 value was about £2,000.

We can also see that this was called the "F&C FTSE All Share Tracker" fund in 2011: https://www.trustnet.com/News/287619/the-best-tracker-funds-for-your-portfolio/

and there was a "ISIS FTSE All-Share Tracker 1 Inc" fund in Jan 2004: https://www.telegraph.co.uk/finance/personalfinance/investing/2874116/Investments-best-buys.html

Percey

Thanks great tool, 2k does ring a bell, it sounds plausible for this fund. A yes when I acquired these funds it was F&C.

25/09/2020 valuation price 574.40. Total 5.5k ish

Percey

So now my question is. Do I sell all now and take the CGT hit, which by my maths is around £1240, or sell off 3k per year and hope the fund does not drop.

What's the average fees the fund manager will take for the transaction?

Gary1984

Selling 3k a year sounds sensible if you don't specifically need the money for anything. If you're rebuying a similar fund in a S&S ISA it doesn't matter if the fund drops as you're buying back in at a cheaper price. Or if not re-buying you could just defer the sale until you're happy with the sale price.