Thanks Flanders, you are right that the fund is invested in property, equities etc and it is not covered by the Government guarantee scheme.
I am wondering though if BOI gets nationalised, which is a distinct possibility, does it wipe out my fund completely or does my fund still continue to operate, rise and fall depending on the economy. Am happy to let it sit as it is and wait for a rebound in the shares values at some point in the future, even if thats ten years or so. I just dont want to leave it there if I thought I would have nothing at all if BOI was nationalised. Am clueless on this part.