Just had an email off my pals at HL about this.
I hold about 7000 units in this which have cost me about 9k overall. They were sat duing all the winding up processes at about 5.5k. This new email has dropped another drop on the price so now they might be worth 3.5k. This is an absolute joy and I'm happy to have learned a lesson here. Thankfully HL are 'sorry' about it (I'm guessing keeping that fund on their wealth list for so long is the reason).
Looking back at the history it was doing fairly poorly almost as soon as I bought any of them, so I was probably following a recommendation somewhere. As is probably self-evident I'm fairly new to this, but how regularly do large (was this large?) funds like this go under in the same way?
I hold about 7000 units in this which have cost me about 9k overall. They were sat duing all the winding up processes at about 5.5k. This new email has dropped another drop on the price so now they might be worth 3.5k. This is an absolute joy and I'm happy to have learned a lesson here. Thankfully HL are 'sorry' about it (I'm guessing keeping that fund on their wealth list for so long is the reason).
Looking back at the history it was doing fairly poorly almost as soon as I bought any of them, so I was probably following a recommendation somewhere. As is probably self-evident I'm fairly new to this, but how regularly do large (was this large?) funds like this go under in the same way?
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