tio540
12th Jan 2010, 11:06
How can the Australian Industry Investment fund return -0.8% when my National Australia Bank account can return 5.5% and I keep the principal?
If you include inflation it looks even worse.
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memnoch
15th Jan 2010, 09:57
depends on the investment structure, Typically an investment in a term deposit or bank account is the safest but wont give the greatest return over the longer period. from what i gather there investment you have is a long term investment that will grow, yes we are coming out of a recession and they will sometimes show a neg figure. But look at the over all investment performance in ten years time. generally speaking and looking at historical performance managed funds have out performed term deposits that you can get from banks.