Funds dropping!

[98elise]

As anyone elses funds taking a pasting at the moment? I have a spread of the bigger funds for my S&S investments and they all seem to be down a lot in the past month.

[98elise]

JulianPH said:

They all do that sometimes, sir!

Markets are falling, so funds will fall with them, some more than others though.

Just seems to be a big drop recently, bigger than the markets. That said they have risen well over the past few years so you have to expect the odd big fall.

[98elise]

bhstewie said:

Not knowing what you hold, it is like down to one of (in no particular order):

• Trump
• Brexit
• China
• Pound/Dollar

It's a very strange time in that you can have a day where you see world markets do well but if the pound strengthens most things are in the red.

A spread of some of the usual suspects LTGE, Fundsmith etc.

[98elise]

bhstewie said:

98elise said:

A spread of some of the usual suspects LTGE, Fundsmith etc.

Fundsmith is pretty much 70% US exposure so you'll have taken a hit on the dollar as the pound has gained with a no-deal Brexit looking less likely.

As I said there have been a few days where you look at global stock exchanges or individual company shares and they're green, but the pound gaining means you're in the red just due to currency.

Thanks, that makes sense.