Stick or Twist?

[CAPP0]

Some time ago (can't remember exactly, maybe 6-8 years) I invested a reasonably small sum (4 figures) in a JP Morgan Natural Resources fund. After a couple of years it had put on about 50%, which was nice, but has steadily dwindled so that it is now around 25% less than the original investment, and half what it was at it's max.

I know all about investments up & down, the long game, etc, but every time I get a statement on this account, the balance has dropped again. Should I pull it and find somewhere else, or continue to sit it out? I don't need the cash right now but it's becoming a little tedious just watching it constantly disappear - I may as well use it to buy lottery tickets at this rate.

TIA.

[CAPP0]

Simpo Two said:

Some funds are just donkeys; maybe the clever bloke moved on. If it hasn't matched the sector your money might be better off somewhere it has a chance to grow.

That's a good observation. I must admit that after selecting it I haven't tracked the fund that closely (other than monetary value). Seem to recall it was under a well thought-of manager at the start. Maybe time to bale then.

[CAPP0]

Hmm, decisions decisions, it's not a life-changing sum of money, maybe I'l just leave it there then.

[CAPP0]

So I just had my latest statement on this. It's dropped in value by some 40% SINCE I started this thread!

It's now about 30% of what I originally invested, and some ridiculous factor below the highest it made.

I suspect they're doing zip with it and just milking fees off it until it's all gone

[CAPP0]

sidicks said:

Not quite sure exactly how you expect a natural resources fund to perform in such circumstances??

Good point well made….

Found these:

The bad:



The infinitesimally less-bad:



It's worth such a pathetic amount now that it's probably not worth moving it anyway, earlier postings on this thread notwithstanding.