The new generationof improved with-profits

with-profits

Although with-profits is unlikely to be as popular as it was new generation versions include many improved features so investors should consider including this in their portfolios

Has with-profits had its day or is it a case of selective dysfunctionality, where some funds deliver and others simply cannot because of poor management and financial constraints? Or maybe it is an identity crisis? After all, was the whole point of with-profits not to provide a return of above cash over the long term? In the 1990s, with-profits was the new must have accessory in a portfolio. In terms of its ability to deliver returns, it could be likened to an off the peg classic tweed jacket that was incorrectly portrayed as having bespoke Savile Row styling. For those who experienced t...