With the FTSE 100 exhibiting bearish behaviour, the smart investor backs guaranteed funds, writes AIG Life's Nigel Hewett
The FTSE 100 has lost more than 14% of its value over the last year and many investors have suffered similar losses ' the market becomes more bearish by the day. Investors with guaranteed products have suffered much less and will rebound from a position of advantage when the upturn comes. Investors are suffering a rocky ride at present and many are asking their advisers what they should do. Any response should include a full appreciation of the role of guaranteed products in a diversified portfolio. Whether to buy or sell will depend on the individual's circumstances, but it must be best ...
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