Re: Liverpool Victoria in serious trouble


"Jim" <default@xxxxxxxxxxx> wrote in message
news:dn5kb25fepq93g13q559bafdptclq78dao@xxxxxxxxxx

Beg to differ Matt.
Straight from my Wesleyan (Stakeholder With Profits) statement:
value 5 Apr 2006, vs 6 Apr 2005. The increase is 21.8% !!!!
And of course the accompanying letter was singing their own praises
about their wonderful performance. Fair enough

So well done Wesleyan; Liverpool Victoria definately suck.

Jim



I'm sorry fella, but unless you've paid a significant amount into the fund
into it, 'your' fund value has not increased by 21.8% over the last year,
it's just not going to happen in the current climate, if ever.

Again, it's apples and pears, I'm not 100% sure what you're looking it, but
it's not like for like and I'd be surprised it the actual value of the
Wesleyan fund had increase by much more than 1.5% over the last 12 months.
Maybe you are reading the underlying fund growth, very little of this would
have been passed on to investors. When you've got the correct figures, I
suspect your initial reaction would be that they both 'suck'.

Regards,

Matt.


.

Relevant Pages

  • Re: Liverpool Victoria in serious trouble
    ... Straight from my Wesleyan statement: ... And of course the accompanying letter was singing their own praises ... Their literature shows that the value of the w/profits fund rose 21.3% which is remarkably similar to the figure you quoted in your original post but, of course, this is NOT the bonus rate. ...
    (uk.finance)
  • Re: Liverpool Victoria in serious trouble
    ... So well done Wesleyan; Liverpool Victoria definately suck. ... but unless you've paid a significant amount into the fund ... With Profits fund is significantly above the industry average. ... Even with the government mandated "safer" investments of With Profits ...
    (uk.finance)
  • Re: Liverpool Victoria in serious trouble
    ... "Wesleyan has maintained a major commitment to equities (ie company ... With Profits fund is significantly above the industry average. ... if you want to compare managed funds over one year then Wesleyans Managed Fund did 13.24% in the year to 1/6/06 whilst Liverpool Victoria's did 17.51%. ...
    (uk.finance)