Death to With-Profit funds
Mar 26th, 2007 by complex001
Up until three years ago over the previous fifteen years all of my savings and investments were invested in With-Profits Funds. These have performed fairly well throughout that period considering that they are relatively low risk holdings. However, after an extensive overhaul of my savings and investments I decided to move from With Profit Funds into Equity Funds. This was the best decision I’ve ever made, because the With-Profits Funds, which I was investing in, have been generating less than 5% of the growth of my equity funds over the last three years. I do not intend to invest in With-Profits Funds ever again in the future.