What would you like us to do with the funds you've selected
This shows the number of portfolios you hold. Portfolios can be constructed from Unit Trusts & OEICs,IMA Unit Trusts & OEICs,Investment Trusts,Pension Funds,Life Funds,Offshore Funds,Exchange Traded Funds and cash. Holdings and acquisition costs can be recorded so that profits/losses can be calculated. These can be calculated in terms of a number of base currencies. Overall portfolio values, as well as portfolio constituents, can be made the subject of alerts.
You have one watchlist, and this shows you the number of items currently stored in the watchlist. Items stored here do not have holdings records, so this list simply monitors the price of items held, which can also be subject to alerts
This is designed to be a temporary collection of items selected by you for further analysis in the tools section. Items can be subsequently transferred from the Basket to the Watchlist or Portfolio.
Have you been allocating more to cash or equities, given signs of rising risks?
The Biotech Growth Trust PLC seeks capital appreciation through investment in the worldwide biotechnology industry, principally by investing in emerging biotechnology companies. Performance is measured against its benchmark index, the NASDAQ Biotechnology Index (sterling adjusted).
All prices in Pence Sterling (GBX) unless otherwise specified.
Price total return performance figures are calculated using closing mid prices and with net income (dividends) reinvested.
NAV total return performance figures are calculated using fully diluted (where applicable) daily estimated NAV figures from Thomson Financial Datastream and with gross income (dividends) reinvested.
Can't abour performance
1. It is the return on investment which counts. 2. Yes the fairness of clawing back performance fees in underperforming years seems indisputable at first. But in practice would it be viable? To be paying refunds to investors in already weak times could put dangerous strain on the company finances. And if such tunds were held back in good years ready for distribution in leaner years that would have a negative impact on investor returns in the good years.3.I don't much like performance fees either. But if they succeed in adding to the incentive to produce outstanding research they may be justified. IF.
If they want more people to invest with them, they should abolish their performance fee, for a start.
I'm happy to pay a performance fee provided it can be clawed back in the event of underperformance within 5 years or so.
Back to top of page
What is fundswire?
Fundswire lets you to keep track of the funds, managers and groups you’re interested in.
For funds you follow via Fundswire we’ll alert you to any significant developments, whether changes in performance or risk characteristics, a new rating or award, or a change of fund manager.
You can now buy & sell funds and shares at our new sister-site at highly competitive rates
You are being transferred to our sister website, Trustnet Direct, where you will be able to complete this transaction.
Proceed to Trustnet Direct
13:00 | Monday, January 20, 2014