Hi,
am thinking of opening an account with my kids childrens allowance and the 'man' from the financial institution has given me these performances, does any one know how these rate:
Pension
Adventurous = 14.4%pa
Balanced = 14.1%pa
Cautious = 8.2%pa
These are up till June as the next 6 months will only be out in Jan 08
Hi,
am thinking of opening an account with my kids childrens allowance and the 'man' from the financial institution has given me these performances, does any one know how these rate:
Pension
Adventurous = 14.4%pa
Balanced = 14.1%pa
Cautious = 8.2%pa
These are up till June as the next 6 months will only be out in Jan 08
Past performance provides very little information in relation to what future performance will be - the strategy should be designed around you not around a load of past performance mumbo-jumbo.
am thinking of opening an account with my kids childrens allowance and the 'man' from the financial institution has given me these performances, does any one know how these rate:
Are these past performance figures? If they are then they are no guide to future returns. Are they future projections? If they are then they are equally useless.
Have you shopped around more widely than just ES for such a savings/investment plan? What charges apply here? Note that you can easily get unit linked investment funds that charge nothing other than a single annual management fee of c. 1%.