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Old 7th Dec 2017, 00:13   #110 (permalink)
Lance Murdoch

Gentleman Aviator
Join Date: Jun 2003
Location: Dubai
Posts: 46
The major flaw in the plan is the assumption that it continues to make 1000 per month. The fund is doing well because global stock markets are doing well. As soon as the market starts to fall (ignore what the commentators say, stock market bull runs always end eventually) the fund will start to lose money and your friend will still be paying the fees. I suggest that you take the full surrender and move on viewing it as an expensive education in money management.
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