The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
My comment was more to do with the fact that the FTSE100 used to be seen as a bellwether for the UK economy but as well over half the earnings of its constituent companies are in dollars that's clearly not the case anymore. So it begs the question of what it is for. I'm sure you know Haggis. You know everything else
I hope so and think so Burger, but like many people I got sucked into buying extra (I've been a holder for many years) at higher level post the June 21 update which means my average is rather higher than it was a couple of years back