ISACO a Manchester company that advisers it's clients what Mutual funds to buy and when to sell.
A sort of... In, Out, In, Out, Shake it all Around type of investment malarkey.
The two ex janitors that run this advisory service charge their clients £3000 per year.
Yep, that's not a typo, you read it right £3000 per year!
But how well do they perform, that's the question.
Well, comparing to a simple LOW COST SP500 INDEX TRACKER FUND, NOT REAL GOOD.
On a 1 year total return the SP FUND out did them by 8%.
On a 3 year basis they were out done by 2.71% per year.
On a 5 year, they were out done by 4.6% per year.
And on a 20 year basis they under performed the Tracker Fund by a whopping 118%.
So if you want to under perform a SP tracker fund just hand over £3k a year to these guys and you wish will come true.
A sort of... In, Out, In, Out, Shake it all Around type of investment malarkey.
The two ex janitors that run this advisory service charge their clients £3000 per year.
Yep, that's not a typo, you read it right £3000 per year!
But how well do they perform, that's the question.
Well, comparing to a simple LOW COST SP500 INDEX TRACKER FUND, NOT REAL GOOD.
On a 1 year total return the SP FUND out did them by 8%.
On a 3 year basis they were out done by 2.71% per year.
On a 5 year, they were out done by 4.6% per year.
And on a 20 year basis they under performed the Tracker Fund by a whopping 118%.
So if you want to under perform a SP tracker fund just hand over £3k a year to these guys and you wish will come true.
