Is the real issue for investors not the performance of the current Fund Managers, but the three-year history of this fund’s performance under any name? At a return of just shy of negative 40% (sector average is negative 2.4%) and ranked 84 out of 84 tracked funds in its sector by Trustnet, does anyone have charge of this fund?
With an ‘on top’ of management fee at 1%, holding a position in this fund is an expensive exercise. With many better options out there – in different sectors as well – perhaps now is the time to move. If you are looking for an alternative investment, give us a call and let’s see how we can help you.