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HS Bloody C UK Growth & Income!
Izzy_Skint_2
Posts: 45 Forumite
Hi all,
Very short Q, I have been paying £50 into the above since March 2002 and have "achieved" £4400 thus far. I've just woken up and realised that every web site I go on to details just how poor this fund is. Am I therefore making a wise move in moving all of my money out of it?
Cheers Mates
Graham
Very short Q, I have been paying £50 into the above since March 2002 and have "achieved" £4400 thus far. I've just woken up and realised that every web site I go on to details just how poor this fund is. Am I therefore making a wise move in moving all of my money out of it?
Cheers Mates
Graham
0
Comments
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Assuming it's a S&S ISA we're talking about make sure you transfer it and not simply remove it.0
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Bog standard UK growth funds are largely rubbish. You are better off with a tracker or go with a focused UK growth fund (i.e. one with specific aims and not one that just invests in UK companies).
Now you have over £4000 its the perfect time to transfer to a fund supermarket and go £1100x4 with four different funds focusing on different areas that average out to match your risk profile.
Cashing it in would be a waste of ISA allowance.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.0
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