Can anybody help with portfolio re-balancing for Pulsar?

I have been vested in Pulsar for around 2 years. Was thinking of surrendering it, and adopt the Buy term - Invest rest strategy. However, I have decided to make full use of the Accredited investor funds and generate higher returns.

Discussion (5)

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Hariz Arthur Maloy

07 Jun 2019

Independent Financial Advisor at Promiseland Independent

You're unable to contact your advisor to help you with this? You're paying for his expertise through the plan structure.

But what I may suggest, because the plan has a high cost structure, I would suggest you go for a 100% equity position and invest elsewhere for a more balanced portfolio.

Definitely look at Fundsmith Equity Acc fund. It's a global equity fund with an insanely good track record and one of my favourite ever fund managers. Terry Smith.

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Andrew Fong

13 Nov 2018

Associate Partner at St. James's Place Wealth Management

Off-hand, it would be disadvantagous to you to surrender the whole policy after 2 years. Effectively all you would get back is the partial value of the contributions made from the 19th month onwards. The first 18 months will be fully surrendered.

You may consider reducing your contributions down to the minimum but your fees will still be based on your initial contribution amount (this amounts to a higher TER).

Taken from their brochure:

Early Encashment Charge (EEC): Account value of first 18 months premium x EEC% EEC% = 100% for first year: the rest is with reference to number of years in remaining premium payment term years.

Do contact me via LinkedIn if you would to discuss this further. https://www.linkedin.com/in/andrew-fong-sjp/

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