Hi I've never posted here before!
Okay I'm not at knowledgeable about markets or investments. But I have some unit trusts that invested in a while ago. I just leave it in the funds and its managed by the company. The investment is spread across funds.
I made the mistake of checking a couple of days ago and the total price of all funds had dropped by a significant amount. Obviously due to the markets crashing because of Covid-19.
I don't generally follow markets and don't generally check the price even after Brexit vote and all that turmoil.
So I suppose I'm asking to those who might know a little about these things. Will the market recover over time? Can I recover the loss? I have no plans to withdraw any funds. I am happy to leave it there for the time being.
Thanks in advance.