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Norwich union OIEC help please!

Hi
We are reviewing our investments in light of the present climate and have two Norwich union UK Equity Income class one OIECS ( were PEPS)

They have been doing well the past few years but we noticed a slight tumble on the recent statement.

I have been looking at the Trustnet website, trying to understand and work out how it is performing at present but have been having problems working it all out!

I notice that the Bid/offer price is 61.21p .... is this the present share price?
On my statement the share price for January was 67.67

Please help me understand all this so that I can make an informed decision on how they are doing!

Thanks so much in advance

Comments

  • dunstonh
    dunstonh Posts: 121,299 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The unit price fluctuates daily and as the UK Equity income fund is invested 100% in equities you would expect it to generally follow the market. As it happens the NU fund has consistently been above sector average so quality isnt an issue.

    You dont mention the other funds.
    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.
  • wilroda
    wilroda Posts: 217 Forumite
    Part of the Furniture Combo Breaker
    Thanks so much for that.

    So if i check the Trustnet website regularly - the bid/offer price - then I can monitor them? ...or where is the best place to check rather than waiting for the twice yearly statements?
    Sorry for the questions but I want to understand more about how they are doing.
    Thanks again
  • dunstonh
    dunstonh Posts: 121,299 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    trustnet or morningstar are about the best two free versions available.
    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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