Before selling
Consider at least these things before you start selling your investments:
- Selling fund units may entail costs and taxation consequences.
- If you’re thinking about selling because you’re worried about market fluctuations, you should consider whether selling is the right decision. Selling your investments isn’t always profitable in such circumstances, and the best returns are usually obtained in difficult and volatile times. Read the latest market analyses.
- Diversification of your investments will change. If you decide to sell your investments, you should make sure that your portfolio is still composed as you wish.
- If you want to sell because you’re disappointed in the fund’s performance, you should consider your decision carefully. Fluctuations in value are part of investing and don’t necessarily mean that the fund has underperformed its benchmark or other similar funds.
When it’s time to sell, spread your redemptions over a longer period of time
If your investment horizon has changed or you have reached your saving goal and you decide to take your savings into use, consider if you can spread the fund unit redemptions over a longer period of time in order to diversify your risks.