Time to check on the dogs!
Written by Carl Turner on January 30, 2015.
Investments which are tied up in funds which are not performing can have a catastrophic impact on savings. If you are relying on your investment returns for your future financial security, you need to make sure that they are working as hard as possible for you.
Funds may perform well at the outset but fortunes can change quickly in the financial services industry. As financial institutions (professional ones anyway!) are always reminding clients, past performance is not a reliable indicator of future returns. That is why it is necessary to regularly check how your investments are performing and to adjust your portfolio accordingly. It never ceases to surprise me just how many investors leave their hard-earned money in under-performing investments, perhaps due to a lack of interest, understanding or information.
Our investment partner, Tilney Bestinvest, makes checking on investment performance easy with their Spot the Dog report. This free downloadable investment guide is based on the most rigorous research carried out by the Tilney Bestinvest team who are dedicated to tracking the performance of funds across different sectors to establish which are performing the worst, and also the best. This latest report is newly released in 2015 with the most up-to-date information available on the markets
If you would like to check whether you have any howlers lurking within your portfolio, you can download the guide here. If you find that some of your investments turn out to be dogs, there’s no need to panic, but seek professional advice on how to readjust your portfolio to ensure that it is investing in pedigree funds rather than the mutts!