Evergreen

[sole]

I have not much experience in investing.
I want to invest about 10k. Can take reasonable some risk (certainly not high risk). New Ireland Evergreen seems to have performed well. Is it a good bet. Management charges seems 1.75% put there is also the bid /offer issue.
Would Quinn Life be better bet. Charges are lower and no bid/offer issue.
How can I decide as it seems past performance is not reliable.

 

[ClubMan]

New Ireland Evergreen seems to have performed well. Is it a good bet.

Past performance is no guide to future returns.

Management charges seems 1.75% put there is also the bid /offer issue.

What precisely are all of the charges.

Would Quinn Life be better bet. Charges are lower and no bid/offer issue.

Definitely better on charges so. So it's more a question of whether or not any of their index tracking funds suit your risk/reward profile needs.

 

[gebbel]

I invested 11,000 Euros in Bank of Ireland`s Evergreen Fund in September 2005. Before that, the money was sitting in a BOI savings account earning a tiny return. 1 year and 4 months later, the investment is now worth 12,500 Euros! I am delighted with this return. It is a 5 year investment term, but I think I will need the money before the term is up. Therefore, I think I will have to pay an exit tax or penalty. Even so, the Evergreen fund is considered a reliable fund that has performed consistently well over the last decade (except for a while after 9/11).

I would advise you to go ahead and invest in the fund,

Good luck,

Michael