HI All PM members, Guru's,

Need some advice. My PM agent met with my dad and myself yesterday and informed that PNREF is closing on 2nd Feb 2016 we were advised to either continue with DDI /RII or switching from other fund - bond to this PNREF fund before it closes. Currently in loses due to the global market condition

As for myself my capitals are low  around 20 K so I am considering switching from my other bond fund and will continue DDI on monthly basis. However for my dad he has 200 K plus and the agent was suggesting to DDI btw 1K- 10 K every month or switch 50 K from a bond fund he has to average down and continue monthly DD1 in smaller amount. He is considering switching from the bond fun now.

Is this a good move ? What are the risk involved ?  Since this is huge amount of money I'm concerned if we are making the right decision. This was meant to be his retirement funds which I was hoping will help him in later days.

I am seeking some clarity as which could be the safest way of not losing much more and hopefully choose the right action to sustain until it can break even.  Is it advisable to average natural resources now by switching from bond or make a standing instruction to make monthly deduction to average it.

Thanks in advance for your thoughts