The FTSE 250 has performed pretty poorly during the post-pandemic era. At around 20,294 points, today it trades a whopping 16% below the record highs it punched in August 2021.
Political and economic turbulence in Britain have been a drag on the UK’s second-biggest share index. This is no surprise — just over half of its cumulative earnings come from these shores.
But as a long-term investor, I think grabbing a slice of the FTSE 250 today could be a good idea. Since its inception in 1992, it has delivered an average annual return of 11%.
Buying cheap shares
Past performance is no guarantee of future returns. But that impressive return implies that getting exposure — by buying individual shares, an index tracker fund, or both — could be a sound investing strategy.
One shrewd way to play this could be to focus on buying cheap FTSE 250 shares. The theory is that undervalued companies can provide…
