PRUDENTIAL ILP

Your advisor should be reviewing the performance of your funds together with you at least once a year to see if the investment objective has changed, has it been performing etc.

Relook at your existing holdings and see if these funds have the potential to continue growing over the next 5-10 years. Sometimes a bad market can even bring down the overall value of good funds. Not every year will be double digit returns.

Also do check if your policy has a fund switch fee as switching too frequently may incur higher than expected costs.

Some funds are funds of funds with a portfolio allocation into several funds, these do rebalancing automatically on a periodic basis. However if 100% of your funds are concentrated into a single region (eg. Singapore only fund or Vietnam only fund), you may want to diversify the risk.

Mine was bought from *P 8 years ago, 100% into single fund as advised by the advisor’s head. Zero fund switch advised since and now it’s down 50%. Though the first 3 years funds are not fully invested, it’s still a significant loss. I have since learned how to make my own fund switch after looking at the fund performance and my portfolio allocation. Hopefully it will recover in the long run. Trying not to cancel the ILP to avoid losing more money. Nobody will care more about your money than you, so don’t sit there and wait!