This is the seventh in a series of posts where we're looking at gauging the stock market's direction.
Each month we like to make sure that the funds we own are acting right. In our opinion, as well as the long-term performance of the present fund manager being a key factor in fund selection, the short-term performance of the fund manager is very important too. It’s vital because we’ve noticed that strong funds tend to get stronger and weak funds tend to get weaker.
With the April 5th deadline approaching, we wanted to remind you that every tax year end marks the end of an annual opportunity to take advantage of one of the few tax benefits now available.
Just over two months into the year and we remain ahead of our benchmark. We are very proud that we recently made another new high, with a year to date return1 of 8.0% compared to the FTSE 100’s 5.7%.