How to avoid the seven deadly ISA sins
By Kirsten Hastings, 10 Feb 16
With two months to go before the end of the current tax year, Maike Currie, investment director for personal investing at Fidelity International highlights seven ISA sins that investors should avoid.
While past performance figures will show you how a fund has performed over the last few years, it won’t, in isolation, tell you anything about future returns.
You will need to do your homework and find out how this performance was achieved.
Look at issues such as charges and in the case of an income fund the likelihood of the fund growing or at the very least maintaining its dividend payment.
Also examine the manager’s track record and experience. Has the manager been producing good returns in different cycles, or only in rising markets? How stable has their career been?
Tags: Fidelity
