1 reviews | Active since May 2013
******* returns on Discovery invest platform.
I would like to take this opportunity to advise and warn unsuspecting investors of the potential under deliverance and promises that Discovery has placed on ones investment.<br> Investment details:<br> Investment inception date: 25th March 2015<br> Core Flexible Investment Plan Policy Number: ***<br> Investment Fund Portfolio Platform: 1st Fusion CI Guarded Fund.<br> Investment Period: 1- 3 years indefinite period based on returns.<br> Investment narration from Investor:<br> Client invested R500 000.00 less initial adviser commission fees and other fees, total initial investment: R474 577.83<br> Now with the confidence the client not an aggressive investor but a conservative to a moderate investor is but looking at a steady growth with less volatility. Client chose that interest income be paid bi-annually which will make that a 6 month period payout, which that wasn't delivered.Now on month 7-8 investment policy schedule printout with all investment fees taken into consideration, there was but an R8200 odd investment growth which would be 'appeasing' to any investor I guess.<br> Due to few characters on 29/01/2016 investment return to our surprise was: R85.Cashed out investment on got paid back: R474 577.30
Thank you for your comment.
I have sent you an email which explains your selected fund performance and which gives you a comparative view with other funds in the same sector where you will note that your fund performed far better.
Nonetheless I understand your frustration at having your particular fund performing at sub-optimum level. I do hope that the explanation I have sent to you will assist in understanding the underlying market-related fund performance.
Please do let me know if I can help you with anything further.
Best regards
Rene
Thank you for your comment.
I have sent you an email which explains your selected fund performance and which gives you a comparative view with other funds in the same sector where you will note that your fund performed far better.
Nonetheless I understand your frustration at having your particular fund performing at sub-optimum level. I do hope that the explanation I have sent to you will assist in understanding the underlying market-related fund performance.
Please do let me know if I can help you with anything further.
Best regards
Rene
