Keydata launches Dynamic Growth Plan 17
22 May 2009
Keydata Investment Services has announced the launch of the Dynamic Growth Plan Plus Issue 17, a five year plan offering investors the opportunity to offset losses sustained in traditional long-only funds during the past 18 months.
Research conducted by Keydata indicates that investors have lost significant amounts of money in funds and must decide whether to maintain trust in their fund managers or seek alternative ways to recover losses.
Since the bear market started in June 2007, only three funds across three popular IMA sectors have managed to sustain investors’ capital.
During the period 1 June 2007 to 30 April 2009 the average fund in the IMA Balanced Managed, IMA UK Equity Income and IMA UK Equity Income & Growth sectors have fallen -23.39 per cent, -34.93 per cent and -30.68 per cent respectively.
An investor who placed £5,000 in a fund at the top of the market would have seen their holding plummet to £3,830.50, £3,253.50 and £3,466.00 respectively.
The Plan is ideal for investors worried about equity losses since it will pay 10 times any growth in the FTSE 100 Index, capped at 90 per cent, plus the return of capital unless the index falls by more than 50 per cent from the start date.
Mark Owen, director of sales and strategy at Keydata Investment Services, says, ‘It is alarming to learn how much investors’ money is tied up in investments which will find it very difficult to claw back their losses in the coming years. Out of the 224 funds we researched, only three funds holding just £375.7 million created positive returns, however this is dwarfed by the £54 billion of investor’s money that is currently at risk.
‘We believe there will be a recovery at some point but in the meantime we think creating 90 per cent growth from a modest nine per cent increase in the FTSE 100 Index could be the default mechanism for investors to recoup losses.’
The plan opened on 18 May 2009 and closes on 26 June 2009 for ISA transfers or on 10 July for all other business. The minimum investment is £3,600.
For more information, visit www.keydata.co.uk.
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