I and my wife invested £ 7000 (ISA allowance for 1999/2000) each in ISA with Manek Investment way back in April 2000 that time one unit price was £2.43.
I have just received my half yearly valuation and statement, invested amount is worth now £1888.62 after 13 years, what a dismal performance after all these years.
Since last few years markets around the world has performed very well, at the same time Manek investment has gone into opposite direction, he has always blame current financial market situation for poor performance in his annual report.
He is only interested in gambling investors funds where there is no growth, I believe that Jayesh Manek should be sue for his negligence, he does not have any clue about investment but I am alright Jack I have yours loads of £££££££ in annual management fee.

Why are you all so negative? This is a highly uncorrelated fund (R2 = 0.02 over 1 & 3 years), and the top 10 selection is a useful check list of stocks you should sell. ;)

Can't believe there is still £20M in this fund

This fund has given me depression absolutely shocking performance If there was a revolution manek would be in the top five to stand agaist the wall

In view of Manek's performance over the last few years, the only hope for a rise in Manek investment is world economic depression. I am deeply disappointed in 10 yes 10 year performance. trebor

Congratulations Manek I see you have made 30% loss after 10 years and gained the bottom position in the leaque table. Anthony Bolton and Warren Buffet had better watch out.

my investment has lost 74% since i bought it. that includes the 5% initial charge plus the 1 to 1&1/2% annual charges. surely this kind of non performance should be compensated.

It seems to me this fund has lost 31% in 10 years, 8% in 5 yrs, 15% in 3yrs and 13% so far this year. Can I sue the IFA who put me into it?

yes sue him for negligence . the worst fund in the world

I think for UT, Trustnet should be giving the TER rather than the AMC which is misleading.