Q&A

Cannot decide if to hold on or take some profit...

I invest in 5 different funds which over the last 6 month have given me a total portfolio gain of 17.27%. Two of these funds are [b]Baillie Gifford Emerging Markets Growth [/b]and [b]BlackRock Gold & General .[/b] [b]As the world economy has recovered some of it's losses I've made a 43.36% gain on the value of my investment for Baillie Gifford and a 35.06% gain for the Blackrock fund.[/b] I would class these two funds as quite high risk and volatile, hence the impressive gain on them. My other funds have made a gain of 5.81%, 6.98% and 9.57%. As the two funds above have made such an impressive gain in 6 month (approx) I've been contemplating (for a few week) whether or not to take the/some profit and buy some units in the other funds or simply keep the money as `cash` in the ISA wrapper. I believe it would be sensible to sell with a profit than try and hold on for more gains (if any). I suppose I'm looking for a bit of guidance really, I'm a novice at investing but commit £x every month by drip-feeding. I devised the portfolio of funds a couple of years ago and my theory was to create a portfolio of funds and invest x% in each. I have thought of scaling back each fund to their respective initial % in order to keep my fund in line with my initial plan.