UK Global Property Fund - Advice Needed

G

goalie

Guest
Folks,

The missus and I invested quite a sum of money from redundancy into the above investment run by friends first early on last year but already we have lost 25% of the value. Ok it has been stable for the last two months but we are looking at cutting our losses and getting out as the way things seem it might keep getting worse.

We have 3.6 years left in the investment so if we do opt out we pay as amll feee but not worried about that. Could someone give us a few tips on what to do as we are panicking a small bit here?

Cheers
 
What was your investment timeframe? These funds are not places you can just invest in for a year or two!

If you need the money now then I suggest getting out. Commercial property values and therefore fund values will continue to slide for some time.

If your in it for the long term then stay invested (i.e. min 10 years).

Which Global Property fund is it? Fidelity's??? Where in the world do they invest?
 
Are you sure its Friends First UK Global Property Fund? Sounds a bit odd.

Could it be Global property ventures fund or Uk select property fund?

Two completely different funds.
 
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