BOI Evergreen Funds

olsen1984

Registered User
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4
Any advice for someone who has since January of this year been putting 300 euro a month in the BOI Evergreen fund,should I stick with it or get out?
 
Any advice for someone who has since January of this year been putting 300 euro a month in the BOI Evergreen fund,should I stick with it or get out?


Its a long term unit linked fund doesnt make sense stop premiums now if you signed up on the basis that you thought the fund would perform for you over the longer term, also considering you are buying units monthly i feel you would be getting good value for your monthly contributions again this is for the long term 5 years + min.
Of course if you are not comfortable with risk then you perhaps you are not in the right type of savings plan, as your contribtions on these type of plans are not guaranteed at the end of the term.
 
Any advice for someone who has since January of this year been putting 300 euro a month in the BOI Evergreen fund,should I stick with it or get out?

I was putting money into that fund (Evergreen S4) from May 2007 until July. In the end, it was losing more than I was putting in each month. I wrote a little script to pull down the price every day and it was all downhill, so I cashed out (it's continued to fall - from 1.332 on 20th June to 1.071 on 15th October) I haven't regretted getting out, therefore, but if you think this is the bottom, then staying in mightn't be a bad option - who knows!

ATB,
A
 
can you continue the plan for more than 5 years if markets aren't healthy at the end of your saving term?