Is it a good time for managed funds?

My mrs has a bit spare cash .. which my mrs wants to invest in funds. Does the fall in the market means it is a good time to buy a fund? I am a bit of newbie so any help appreciated. I am trying to decide whether to invest in Ing one answer tax effective income (Growth fund) got my eyes on some other funds as well. I have bought some shares in BHP and AXA anticipating some returns when market gets back to normal.

Re: is it a good time for funds ?

jeromejf said:

I have bought some shares in BHP and AXA anticipating some returns when market gets back to normal.

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I think that many would phrase that statement as, IF the market gets back to "normal". Right now, things still hang largely in the balance.

I have a friend who has asked the same thing as you and my advice to him was to wait 3-5 weeks. That was a week ago. 2-4 weeks left to go. By that time an appropriate answer to your question should be clearer for all of us.