First things first thank you all for you comments on this thread, I’ve picked up a few bits reading the advice on here.
Im completely naive and in-experienced when it comes to investing and am new to it (only started June last year). It’s so frustrating that they don’t teach this important stuff at school like savings and investigating so got into it quite late.
I just wondered if people have knowledge and experience in the following funds, could I get some opinions and options for possible combinations please ?
Fidelity index emerging markets
Fidelity index world fund
HSBC Islamic global equity index
Ishares global property equity
Ishares overseas government bond index
Legal and general cash trust
Legal and general global health and pharmaceuticals index
My first ever look at this thread, though something I’ve been meaning to get round to for some time.
Not sure if my situation is unique or not, but I’ve managed to save very well in a relatively quick period of time (5-6 years) I put it down to not leading much of an extravagant lifestyle, but also doing well with work over recent years (I’m in sales).
However, I feel like a complete novice in terms of knowledge around savings, pensions, tax etc.
I know there is a lot more I should be doing with the savings I have - but when I see/hear/read people talking about it or I read articles - it just feels like a different language altogether. I’m really out of my depth with it.
Does anyone know an advisor that they would recommend for someone in my situation? Or, just a first place to start?
First things first thank you all for you comments on this thread, I’ve picked up a few bits reading the advice on here.
Im completely naive and in-experienced when it comes to investing and am new to it (only started June last year). It’s so frustrating that they don’t teach this important stuff at school like savings and investigating so got into it quite late.
I just wondered if people have knowledge and experience in the following funds, could I get some opinions and options for possible combinations please ?
Fidelity index emerging markets
Fidelity index world fund
HSBC Islamic global equity index
Ishares global property equity
Ishares overseas government bond index
Legal and general cash trust
Legal and general global health and pharmaceuticals index
Legal and general global technology index
Old mutual MSCI world ESG index
Royal London emerging markets ESG leaders
I'm hazading a guess that they are funds that are available to you via an employers pension scheme. If so then there aren't many that you could put together to form any sort of "portfolio".
You dont say your age, length of time the funds can be left invested on or your attitude to risk, so the following is for a Medium Risk investor with a time frame if at least 10 years
For a very rough mix I'd go for 20% into each of the Fidelity world index, HSBC Islamic index & the Old Mutual world index. Then 10% into the Ishares Global Property, Ishares Overseas Government Bond & L&G Cash (just because there are no other fixed interest funds) and then flip a coin for 10% into any of the others. Horrible selection of funds imo. Also I caveat the above by saying that I haven't done any due diligence on where the funds invest & you may find that 60% of your equity funds are in the US (because that is what a tracker fund does - it tracks the Index- and the World Index is heavily weighted towards the US).
To be brutely honest - if this is a pension or some form of decently sized investment I would strongly urge you to get advice as to whether you can opt out & choose different funds.
My first ever look at this thread, though something I’ve been meaning to get round to for some time.
Not sure if my situation is unique or not, but I’ve managed to save very well in a relatively quick period of time (5-6 years) I put it down to not leading much of an extravagant lifestyle, but also doing well with work over recent years (I’m in sales).
However, I feel like a complete novice in terms of knowledge around savings, pensions, tax etc.
I know there is a lot more I should be doing with the savings I have - but when I see/hear/read people talking about it or I read articles - it just feels like a different language altogether. I’m really out of my depth with it.
Does anyone know an advisor that they would recommend for someone in my situation? Or, just a first place to start?
First things first thank you all for you comments on this thread, I’ve picked up a few bits reading the advice on here.
Im completely naive and in-experienced when it comes to investing and am new to it (only started June last year). It’s so frustrating that they don’t teach this important stuff at school like savings and investigating so got into it quite late.
I just wondered if people have knowledge and experience in the following funds, could I get some opinions and options for possible combinations please ?
Fidelity index emerging markets
Fidelity index world fund
HSBC Islamic global equity index
Ishares global property equity
Ishares overseas government bond index
Legal and general cash trust
Legal and general global health and pharmaceuticals index
Legal and general global technology index
Old mutual MSCI world ESG index
Royal London emerging markets ESG leaders
I'm hazading a guess that they are funds that are available to you via an employers pension scheme. If so then there aren't many that you could put together to form any sort of "portfolio".
You dont say your age, length of time the funds can be left invested on or your attitude to risk, so the following is for a Medium Risk investor with a time frame if at least 10 years
For a very rough mix I'd go for 20% into each of the Fidelity world index, HSBC Islamic index & the Old Mutual world index. Then 10% into the Ishares Global Property, Ishares Overseas Government Bond & L&G Cash (just because there are no other fixed interest funds) and then flip a coin for 10% into any of the others. Horrible selection of funds imo. Also I caveat the above by saying that I haven't done any due diligence on where the funds invest & you may find that 60% of your equity funds are in the US (because that is what a tracker fund does - it tracks the Index- and the World Index is heavily weighted towards the US).
To be brutely honest - if this is a pension or some form of decently sized investment I would strongly urge you to get advice as to whether you can opt out & choose different funds.
Thanks for this mate appreciate it 👍
Sorry I should have been a bit more informative, late 20s and adventurous/high risk investor over a 10-15 year period. It’s a little side pot I opened in secret for my baby so when they turn 18 I can hopefully give them something of a decent size.
it one of the kids stocks and shares isa with that moneybox app so it’s the only funds they have and I just dump in about £100 a month in the account. I’m up about 21% to date, but I was curious as to whether I was in the right funds currently or not.
First things first thank you all for you comments on this thread, I’ve picked up a few bits reading the advice on here.
Im completely naive and in-experienced when it comes to investing and am new to it (only started June last year). It’s so frustrating that they don’t teach this important stuff at school like savings and investigating so got into it quite late.
I just wondered if people have knowledge and experience in the following funds, could I get some opinions and options for possible combinations please ?
Fidelity index emerging markets
Fidelity index world fund
HSBC Islamic global equity index
Ishares global property equity
Ishares overseas government bond index
Legal and general cash trust
Legal and general global health and pharmaceuticals index
Legal and general global technology index
Old mutual MSCI world ESG index
Royal London emerging markets ESG leaders
I'm hazading a guess that they are funds that are available to you via an employers pension scheme. If so then there aren't many that you could put together to form any sort of "portfolio".
You dont say your age, length of time the funds can be left invested on or your attitude to risk, so the following is for a Medium Risk investor with a time frame if at least 10 years
For a very rough mix I'd go for 20% into each of the Fidelity world index, HSBC Islamic index & the Old Mutual world index. Then 10% into the Ishares Global Property, Ishares Overseas Government Bond & L&G Cash (just because there are no other fixed interest funds) and then flip a coin for 10% into any of the others. Horrible selection of funds imo. Also I caveat the above by saying that I haven't done any due diligence on where the funds invest & you may find that 60% of your equity funds are in the US (because that is what a tracker fund does - it tracks the Index- and the World Index is heavily weighted towards the US).
To be brutely honest - if this is a pension or some form of decently sized investment I would strongly urge you to get advice as to whether you can opt out & choose different funds.
Thanks for this mate appreciate it 👍
Sorry I should have been a bit more informative, late 20s and adventurous/high risk investor over a 10-15 year period. It’s a little side pot I opened in secret for my baby so when they turn 18 I can hopefully give them something of a decent size.
it one of the kids stocks and shares isa with that moneybox app so it’s the only funds they have and I just dump in about £100 a month in the account. I’m up about 21% to date, but I was curious as to whether I was in the right funds currently or not.
On that basis then you could ditch the L&G cash fund from my recommendations & replace it with one of the Emerging Markets fund. The "toss a coin" fund could then be invested in the L&G global tech fund.
Sorry to say that they aren't that exciting & they are all tracker funds so you are basically just investing in all the shares all over the world - good & bad.
First things first thank you all for you comments on this thread, I’ve picked up a few bits reading the advice on here.
Im completely naive and in-experienced when it comes to investing and am new to it (only started June last year). It’s so frustrating that they don’t teach this important stuff at school like savings and investigating so got into it quite late.
I just wondered if people have knowledge and experience in the following funds, could I get some opinions and options for possible combinations please ?
Fidelity index emerging markets
Fidelity index world fund
HSBC Islamic global equity index
Ishares global property equity
Ishares overseas government bond index
Legal and general cash trust
Legal and general global health and pharmaceuticals index
Legal and general global technology index
Old mutual MSCI world ESG index
Royal London emerging markets ESG leaders
I'm hazading a guess that they are funds that are available to you via an employers pension scheme. If so then there aren't many that you could put together to form any sort of "portfolio".
You dont say your age, length of time the funds can be left invested on or your attitude to risk, so the following is for a Medium Risk investor with a time frame if at least 10 years
For a very rough mix I'd go for 20% into each of the Fidelity world index, HSBC Islamic index & the Old Mutual world index. Then 10% into the Ishares Global Property, Ishares Overseas Government Bond & L&G Cash (just because there are no other fixed interest funds) and then flip a coin for 10% into any of the others. Horrible selection of funds imo. Also I caveat the above by saying that I haven't done any due diligence on where the funds invest & you may find that 60% of your equity funds are in the US (because that is what a tracker fund does - it tracks the Index- and the World Index is heavily weighted towards the US).
To be brutely honest - if this is a pension or some form of decently sized investment I would strongly urge you to get advice as to whether you can opt out & choose different funds.
Thanks for this mate appreciate it 👍
Sorry I should have been a bit more informative, late 20s and adventurous/high risk investor over a 10-15 year period. It’s a little side pot I opened in secret for my baby so when they turn 18 I can hopefully give them something of a decent size.
it one of the kids stocks and shares isa with that moneybox app so it’s the only funds they have and I just dump in about £100 a month in the account. I’m up about 21% to date, but I was curious as to whether I was in the right funds currently or not.
On that basis then you could ditch the L&G cash fund from my recommendations & replace it with one of the Emerging Markets fund. The "toss a coin" fund could then be invested in the L&G global tech fund.
Sorry to say that they aren't that exciting & they are all tracker funds so you are basically just investing in all the shares all over the world - good & bad.
First time this year that neither me or mrs ltgtr won a premium bond ‘prize’ in the monthly draw…bleeding disgrace, wouldn’t have happened under Nigel, Jacko out…
First time this year that neither me or mrs ltgtr won a premium bond ‘prize’ in the monthly draw…bleeding disgrace, wouldn’t have happened under Nigel, Jacko out…
25 quid for me. I put it down to coming on this thread.
My SIPP is now at an all time high. Took a bit of a dip in October but over the last week or so has made a good recovery & then some. Tracking the funds it seems like the US has seen the best gains (where else) with 2 of the funds up 5% on the month. Even Japan is up !
Same here regarding Sipp and personal portfolio. I've moved away from multiple BG funds this year and balanced with quality/value. The computer game of 2020 had to end at some point and am back to investing, rather than trading.
@golfaddick and others, what has your portfolio return been like this year to date? Mine has been solid at 15% but I did sell too early with the huge dip in March. My current funds that I'm reviewing are:
BG Pacific (a slow year for the sector so will hold) Chelverton UK Equity (The fund used to have 90 odd holdings, now it has 170+. It used to have 20% in companies sub £100mn and now has 4%. Fund size has caused him to run it differently)
What’s going to post the same, last tax year was ridiculous and I’m up 18.4% since April. A few funds were up 2%+ on the day yesterday.
I’ve took profit from BG and Chelverton UK in my SIPP, I’m 6 years off being able to access so am happy to bank profit where I can but have gone higher risk on current works pension that has a fair amount going in each month, I only pay £3,600 a year into my SIPP’s (mine & Wifes).
Would be interested to hear people's profit taking tactics/method? At what stage would you cream a bit of profit out of a fund?
Nothing exotic, I had a few funds that were up 50+ In not a huge amount of time. I sold my original purchase value and left in the profit.
The difficulty as always is then what to do with it, I used it to try and rebalance (I was too heavy in US and tech really).
Exactly. I don't sell unless I have a clear idea what else I want to do with the money, which is better than what the fund is doing with it.
But don't you then worry that you are overweight in that area ? BG American was a case in point. It grew so much after March 2020 that by the start of this year most of my clients portfolios that were holding it were starting to get out of kilter.
I'm in the @Rob7Lee camp. Take out the profit & re invest.....at the same time rebalance your portfolio back in line with your Risk attitude.
oh dear, just as things looked like they were normalising along comes another variant of Covid and sends the markets into a spin.
FTSE100 down 210 points which is nearly a 3% fall and could drop below 7000 points for the first time since early October. European markets down a similar percentage.
Comments
Im completely naive and in-experienced when it comes to investing and am new to it (only started June last year). It’s so frustrating that they don’t teach this important stuff at school like savings and investigating so got into it quite late.
I just wondered if people have knowledge and experience in the following funds, could I get some opinions and options for possible combinations please ?
Fidelity index emerging markets
Fidelity index world fund
HSBC Islamic global equity index
Ishares global property equity
Ishares overseas government bond index
Legal and general cash trust
Legal and general global health and pharmaceuticals index
Legal and general global technology index
Old mutual MSCI world ESG index
Royal London emerging markets ESG leaders
My first ever look at this thread, though something I’ve been meaning to get round to for some time.
Not sure if my situation is unique or not, but I’ve managed to save very well in a relatively quick period of time (5-6 years) I put it down to not leading much of an extravagant lifestyle, but also doing well with work over recent years (I’m in sales).
However, I feel like a complete novice in terms of knowledge around savings, pensions, tax etc.
Does anyone know an advisor that they would recommend for someone in my situation? Or, just a first place to start?
Any guidance much appreciated.
You dont say your age, length of time the funds can be left invested on or your attitude to risk, so the following is for a Medium Risk investor with a time frame if at least 10 years
For a very rough mix I'd go for 20% into each of the Fidelity world index, HSBC Islamic index & the Old Mutual world index. Then 10% into the Ishares Global Property, Ishares Overseas Government Bond & L&G Cash (just because there are no other fixed interest funds) and then flip a coin for 10% into any of the others. Horrible selection of funds imo. Also I caveat the above by saying that I haven't done any due diligence on where the funds invest & you may find that 60% of your equity funds are in the US (because that is what a tracker fund does - it tracks the Index- and the World Index is heavily weighted towards the US).
To be brutely honest - if this is a pension or some form of decently sized investment I would strongly urge you to get advice as to whether you can opt out & choose different funds.
Better wait 48 hours, I guess as it's his 75th birthday tomorrow ....
it one of the kids stocks and shares isa with that moneybox app so it’s the only funds they have and I just dump in about £100 a month in the account. I’m up about 21% to date, but I was curious as to whether I was in the right funds currently or not.
Sorry to say that they aren't that exciting & they are all tracker funds so you are basically just investing in all the shares all over the world - good & bad.
25 quid for me. I put it down to coming on this thread.
@golfaddick and others, what has your portfolio return been like this year to date? Mine has been solid at 15% but I did sell too early with the huge dip in March. My current funds that I'm reviewing are:
BG Pacific (a slow year for the sector so will hold)
Chelverton UK Equity (The fund used to have 90 odd holdings, now it has 170+. It used to have 20% in companies sub £100mn and now has 4%. Fund size has caused him to run it differently)
I’ve took profit from BG and Chelverton UK in my SIPP, I’m 6 years off being able to access so am happy to bank profit where I can but have gone higher risk on current works pension that has a fair amount going in each month, I only pay £3,600 a year into my SIPP’s (mine & Wifes).
The difficulty as always is then what to do with it, I used it to try and rebalance (I was too heavy in US and tech really).
I'm in the @Rob7Lee camp. Take out the profit & re invest.....at the same time rebalance your portfolio back in line with your Risk attitude.
oh dear, just as things looked like they were normalising along comes another variant of Covid and sends the markets into a spin.
FTSE100 down 210 points which is nearly a 3% fall and could drop below 7000 points for the first time since early October. European markets down a similar percentage.