Many thanks for the kind comment, Philip.

No worries. You can (of course) see the value of your portfolio at any time on the Nutmeg website. If you choose to sell up, Nutmeg will do this for you within a day or two. It is of course possible that by then the value of your portfolio may have changed a bit, for better or worse. So yes, if you are thinking of selling up it is important to be aware of what is going on in the markets at that time. The same would apply with any investment fund, though. Unlike a single company share, where you can set a particular price for selling or buying with your stockbroker, with pooled funds which are typically composed of holdings in a wide range of shares, ETFs, bonds, etc, once you have placed your sell order, you get whatever your investments are worth when the sale goes through.

Thanks, Kevin. All equity investments have had a rocky time over the last few weeks, so I wouldn’t judge performance based on that short period. Indeed, you shouldn’t really judge any stock market investment over less than a year or two. I would have to disagree with that comment you read about Nutmeg, though. For a risk level 9 portfolio like mine, the overall rate of return over the last 5 years has been 63.1%, which by my calculation represents an average rate of return of over 12% a year. A risk level 7 portfolio has achieved a five-year rate of return of 47.4%, representing an average annual return of over 9%. Of course, some years will have been more profitable than others, but these should be regarded as medium- to long-term investments and judged on that basis. I am sorry I don’t have any personal knowledge of Baillie Gifford multi-asset funds but I wish you every success if you decide to try them. I am sticking with Nutmeg, though!

Thanks, Anca. Yes, Nutmeg has definitely been one of my better investments!

Thanks, Rhian. Yes, this is something every Nutmeg investor needs to think carefully about, but it does illustrate the huge difference risk level can make to performance.