15th January 2010
Time to consolidate?
A large proportion of our investors have seen large gains over the last 12 months – particularly, but not limited to, those invested within our more speculative ‘aggressive portfolio’. A large proportion of this portfolio is invested in Asia and emerging market funds and as a consequence can face periods of high volatility.
The Asian market was hit by heavy selling earlier this week after the Chinese central bank surprised many by raising the proportion of deposits that banks must hold in reserve. This had consequences both within the region and internationally, with the FTSE also dropping below the 5,500 mark partly on this news.
Markets have started to show signs of recovery since, however sentiment is somewhat cautious, partly because China is due to release key economic indicators next Thursday.
With this in mind we have been in touch with some of our investors who have seen strong growth in their portfolio to discuss the possibility of consolidating these gains. If you would like to talk to us about consolidating or generally reviewing your investments please call us on 0871 271 1280.
This email is intended to provide general information and does not represent a personal recommendation of any product or fund. The value of investments can fall as well as rise and you may not get back the full amount invested. Past performance is not a guide to future returns. The sections within this email are opinion only and do not constitute advice. Charges may be applicable and are subject to change without prior notice. Please refer to our brochure for information on our other products and services.
