Return on a Unit Trust
Discussion
In 2000 I stuck £1000 in Aberdeen Asset Management Technology unit trust.
Over the next couple of years I added £50 a month before stopping contributing.
Since then it has become New Star Technology, Henderson and now Janus Henderson and stopped being a unit trust and became an OEIC.
Anyway, it is now worth about £5k and I'm about to sell up.
Is doubling over 20 years a good return or not?
Over the next couple of years I added £50 a month before stopping contributing.
Since then it has become New Star Technology, Henderson and now Janus Henderson and stopped being a unit trust and became an OEIC.
Anyway, it is now worth about £5k and I'm about to sell up.
Is doubling over 20 years a good return or not?
It's not great I'm afraid.
I don't know the risk profile of that fund but my son has Blackrock Next Gen Tech fund in his ISA and that is currently up over 100% in the year since he bought.
Edited to ask . Income or Accumulation units? That can make a big difference to returns over a long time period. Also, investing £1000 in 2001 would have been at the top of the market before the dot com crash.
I don't know the risk profile of that fund but my son has Blackrock Next Gen Tech fund in his ISA and that is currently up over 100% in the year since he bought.
Edited to ask . Income or Accumulation units? That can make a big difference to returns over a long time period. Also, investing £1000 in 2001 would have been at the top of the market before the dot com crash.
Edited by LeoSayer on Tuesday 2nd February 16:55
What's the fund name now?
If the one below then that has an annualised growth since inception in 14% per year since 1984 and 17% per year for the past 10 years.
So doubling doesn't sound nearly enough unless there were some very bad first 10 years.
https://www.janushenderson.com/en-gb/investor/prod...
If the one below then that has an annualised growth since inception in 14% per year since 1984 and 17% per year for the past 10 years.
So doubling doesn't sound nearly enough unless there were some very bad first 10 years.
https://www.janushenderson.com/en-gb/investor/prod...
LeoSayer said:
What's the fund name now?
If the one below then that has an annualised growth since inception in 14% per year since 1984 and 17% per year for the past 10 years.
So doubling doesn't sound nearly enough unless there were some very bad first 10 years.
https://www.janushenderson.com/en-gb/investor/prod...
If you bought in in 2000, then that could easily be at tech boom prices, and lots of the growth you're seeing in the past 10 years will have been recovering from that.If the one below then that has an annualised growth since inception in 14% per year since 1984 and 17% per year for the past 10 years.
So doubling doesn't sound nearly enough unless there were some very bad first 10 years.
https://www.janushenderson.com/en-gb/investor/prod...
LeoSayer said:
What's the fund name now?
If the one below then that has an annualised growth since inception in 14% per year since 1984 and 17% per year for the past 10 years.
So doubling doesn't sound nearly enough unless there were some very bad first 10 years.
https://www.janushenderson.com/en-gb/investor/prod...
Given a rough guess of the figures it's more like 4.2% annualised?:If the one below then that has an annualised growth since inception in 14% per year since 1984 and 17% per year for the past 10 years.
So doubling doesn't sound nearly enough unless there were some very bad first 10 years.
https://www.janushenderson.com/en-gb/investor/prod...
CoupeKid said:
Thanks for the replies.
I sensed from all the times that it changed fund manager that it was a bit of a dog. When I bought it it was doing quite well.
Yes I did buy shortly before the tech crash!
Now I need the money for something else so I'll sell up.
Don't be too disheartened. I sensed from all the times that it changed fund manager that it was a bit of a dog. When I bought it it was doing quite well.
Yes I did buy shortly before the tech crash!
Now I need the money for something else so I'll sell up.
17% average annual growth per year for the past 10 years is pretty spectacular - that's nearly 400% up over that period. If I have the right fund.
Sorry to revisit this.
FWIW the fund is Janus Henderson Global Equity Fund Acc and the value of my holding has gone up by £200 since I started this thread.
I was going to sell up and put it in Premium Bonds but I think I'll sit tight and monitor it until I need the money to put towards my extension!
Since I opened it in 2000 it's had the tech crash of 2000, the global slump of 2008 and last year's COVID recession to contend with.
FWIW the fund is Janus Henderson Global Equity Fund Acc and the value of my holding has gone up by £200 since I started this thread.
I was going to sell up and put it in Premium Bonds but I think I'll sit tight and monitor it until I need the money to put towards my extension!
Since I opened it in 2000 it's had the tech crash of 2000, the global slump of 2008 and last year's COVID recession to contend with.
CoupeKid said:
FWIW the fund is Janus Henderson Global Equity Fund Acc ...
You can most easily find the answer to your question by Googling the fund name in conjunction with either the word "Morningstar" or "Trustnet".Morningstar - 3* fund (out of 5). https://www.morningstar.co.uk/uk/funds/snapshot/sn...
Trustnet - 4* fund (out of 5). https://www.trustnet.com/factsheets/o/0z9u/henders...
And the Rockin review? Solid - yes. Sexy - no.
Gassing Station | Finance | Top of Page | What's New | My Stuff