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Anonymous
Do people tend to invest in the same funds over a long horizon in anticipation for higher fund value overtime or should there be active buying and selling of funds so that any gains can be captured and reinvest in other funds? Some funds doesn’t have much increase/ decrease over the period of 3 years that I’m invested in, i was wondering if there is anything that can be done to better maximize any potential capital gains?
Lastly, should the agent be assisting and providing sound advice on funds switching from time to time to buy and sell units in mutual funds to help clients maximize their gains?
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The Super Long Ark
29 Nov 2021
Full-Time Trader at Barista FIRE
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It depends really. but generally people who buy ILPs dont monitor their fund performance and it is up to the agent to inform and advise their clients timely whether a reallocation is up for consideration since the client is feeding them with hefty commissions. its the least they ought to do, but most agents wont even know about the details and investment objectives of the funds they recommend. all in all, ILPs are a poor value proposition.
depending on the amount and payment period, terminating and cutting your losses and reallocating it to a robo/ETF might yield a better return and even recoup your losses.