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	Issue 76 - January 2008 This week we look at the potential cost of having your ISA's, PEPs or Unit Trusts invested in the wrong funds. Recent research from our partner Moneyspider.com reveals some startling figures which show the true cost of selecting the wrong fund and suggests what you can do to avoid being caught out with poorly performing investments. In addition we announce the results of our Christmas competition. Our thanks to everyone who took part - your comments are helping us to shape future issues. Ignorance Is Not Bliss There's an old saying "Ignorance is bliss." Where money is concerned ignorance is a disaster. If you saw a £10 note lying in the gutter, you'd almost certainly pick it up. However, when it comes to investing, most people don't realise just how much money they're potentially losing by not keeping a close eye on their fund's performance. You can lose literally thousands of pounds a year by keeping your money in poorly performing ISAs, PEPs and Unit Trusts. In November 2007, fund analyst Moneyspider.com carried out research which showed that £5,000 invested in a top performing fund over the last five years would have made a profit of £31,035. But that same £5,000 invested in another fund from the same highly regarded fund manager would have made a 'profit' over 5 years of just £230 - the difference is a staggering £30,805. (source: Financial Express). The Daily Mail said in an article about Moneyspider.com. 'You could pay a high price for choosing the right investment house but picking the wrong fund.' How are your funds REALLY doing? If you hold ISAs, PEPs or Unit Trusts, it's essential that you know how they're performing. Your fund manager sends you a 6 monthly report and valuation but, crucially, he won't tell you how your fund's performance compares with funds from other investment houses. This is where Moneynet can help you through our association with Moneyspider.com, our approved partner for investment research. Moneyspider.com enables you to see at a glance how your funds are performing and how they compare with other funds from different fund managers in the same sector. In essence, Moneyspider.com tells you what your fund manager won't. Read more >>> Register with Moneyspider.com >>> Our thanks to all of you who entered our Christmas competition. In all we had over 2600 entries and just over half - 1364 - with the correct answers. We have now selected the five best tie breakers from the correct entries and all winners have now been notified and their Ipods are winging their way to them. So, congratulations to the winners and commiserations if you were not successful this time. In addition to the tie-breaker many readers were also kind enough to let us have their other thoughts on the Moneynet service and in particular on the newsletter. In the main the feedback was very positive, although there were some suggestions for improvement which we are considering very carefully. 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