MONEY
CONSOLIDATION
2
trustnetdirect.com
trustnetdirect.com
UK Gilts (-1.10%)
Sterling Strategic
Bond (-2.5%)
Sterling Corporate Bond
(-3.37%)
0%
-1%
-2%
-3%
-4%
-5%
-6%
Jan 16
Dec
Nov
Oct
-7%
Sep
“Absolute return funds have done
really badly as well,” Spear added.
A recent article on FE Trustnet
proved his point – showing that
one in three funds in the IA
Targeted Absolute Return sector
failed to deliver a positive return to
investors last year.
In the recent bear market – when
the FTSE 100 fell from its peak on
27 April 2015 to 20 January 2016
– just 34.5 per cent of IA Targeted
Absolute Return funds managed to
deliver a positive return.
IA Global Bonds
(-0.59%)
1%
Aug
Chris Spear, managing director of
Spear Financial, says that over the
past few years, this has become one
of the biggest challenges at this
stage of pension saving.
“The aim is to protect capital
and deliver an income,” he said. “I
am trying to preserve capital and
at the moment you don’t get that
with bonds – over the past year,
NO ABSOLUTES
“Insurers are launching new
lifestyle funds – they would
normally put you into cash and
bonds to prote