LifeSight Return funds
This fund invests in a group of different investment funds with a goal to reach a good return at reasonable risk. LifeSight does not invest itself but chooses the best asset managers to invest your money in the Return fund.
At the end of 2018, investors became more and more worried, for example about lower economic growth in America and the consequences of political choices such as the shutdown of the American government, the escalating trade war between China and America and the settlement of the United Kingdom leaving the EU (‘Brexit’). As a result, stock prices of riskier investments, such as shares, fell sharply. This also had consequences for the fund return. All investment categories within the LifeSight Return fund achieved a negative return on investment last year. However, the differences were large. The most negative returns were achieved on emerging-market equities (-11.0%), while the European Corporate Bonds showed the best return during 2018 (-0.1%). By spreading widely across several global asset classes, the fund return achieved in 2018 was -4.9%.
Compared to the return of the benchmark of the fund (-4.4%), the achieved return of the LifeSight Return fund is a little bit behind. The difference is caused by withheld standard management fee (OCF) and transaction costs.