will Nedgroup Investments automatically switch my investment between equities, bonds and cash?
Before selecting an underlying fund in which to invest, we recommend that you assess not only your long-term investment requirements, but also your risk profile. Once this has been decided the appropriate fund will be selected. Once the appropriate fund has been selected, we recommend that clients adhere to their chosen strategy and do not attempt to time the markets. To illustrate the negative impact of market timing, had you been out of the US market in the top 10 performing days for the period January 1985 to September 1998, your compound annual growth rate of return would have fallen from 14% to 10%. Had you missed the best 40 days in this period, returns would have fallen to 4.0% p.a. While we therefore do not recommend that clients follow a market-timing strategy, we do believe that it is very important that portfolios be reviewed on an on-going basis to ensure that your fund structure continues to meet your investment requirements. We would therefore recommend an annual review w
