JM Finn Global Opportunities

wombat42_2 · 4 February 2008 at 11:51AM

This is Mark Dampier of H&L's fund of the month.

http://www.h-l.co.uk/fund_research/security_details/sedol/3411687.hl

I will probably stick some money in this later in the year.

mr_fishbulb · 4 February 2008 at 12:29PM

On the H-L "Investor Times" mailing list by any chance?

I read this on Saturday and this fund has completely messed up what I was thinking of investing in! The idea behind it looks sound - commodities, emerging markets and infrastructur all rolled into one. All areas I like, so now I've got to decide which funds to drop for this

Aegis · 4 February 2008 at 12:48PM

mr_fishbulb wrote: »

On the H-L "Investor Times" mailing list by any chance?

is there any way of getting off that mailing list?

wombat42_2 · 4 February 2008 at 12:48PM

It has a similarly good performance as Neptune Global Equity
http://www.h-l.co.uk/fund_research/security_details/sedol/3067905.hl

But i think it is a little less emerging markets and a little more commodities. Whereas I feel comfortable with sticking 70% of my portfolio in Neptune Global Equity, the JM Finn fund seems more sector specific (commodities) so i may just put 20% in it. The neptune fund has commodities as well but not as much as JM finn.

I do notice that the JM Finn fund has a tiny fund size which is probably a good thing.

Remind me what your portfolio is Mr Fishbulb ?

wombat42_2 · 4 February 2008 at 12:50PM

Aegis wrote: »

is there any way of getting off that mailing list?

You mean postal mailing list ? I just phoned up and asked them to stop and it worked.

I read about JM Finn on H&L website

mr_fishbulb · 4 February 2008 at 1:05PM

wombat42 wrote: »

Remind me what your portfolio is Mr Fishbulb ?

Nothing at the moment, but I want to set up a regular payment when my payrise comes through next month. I will have £200 or £150 to play with each month so it looks like £50 into each of 4/3 funds.

The ones I'm looking at are:
Eclectica Agriculture,
Invesco Perpetual High Income,

And them I'm split between:
JPM Natural Resources,
Neptune Global Equity,
JM Finn Global Opportunities.

Very high risk, but I have 3 years worth of cash ISA which I will continue to fill, plus a company contributed pension which is medium risk. I'm looking at this monthly investment as my experiment.

I'm also thinking of sticking £500 into the AIGP ETF from ETF Securities (Tracks the Dow Jones AIG Commodity Precious Metals Sub-index). Keeping an eye on gold at the moment as some people say a correction is due, but some say it's only going up from now on.

The more I read into the funds, the more I question the choices I've already made!

wombat42_2 · 4 February 2008 at 1:26PM

mr_fishbulb wrote: »

Nothing at the moment, but I want to set up a regular payment when my payrise comes through next month. I will have £200 or £150 to play with each month so it looks like £50 into each of 4/3 funds.

The ones I'm looking at are:
Eclectica Agriculture,
Invesco Perpetual High Income,

And them I'm split between:
JPM Natural Resources,
Neptune Global Equity,
JM Finn Global Opportunities.

Very high risk, but I have 3 years worth of cash ISA which I will continue to fill, plus a company contributed pension which is medium risk. I'm looking at this monthly investment as my experiment.

I'm also thinking of sticking £500 into the AIGP ETF from ETF Securities (Tracks the Dow Jones AIG Commodity Precious Metals Sub-index). Keeping an eye on gold at the moment as some people say a correction is due, but some say it's only going up from now on.

The more I read into the funds, the more I question the choices I've already made!

I think you wil be tying yourself in knots and do what i did last year - fund switch every 5 minutes to try to keep up with the market. Neptune Global Equity and JM Finn Global Opportunities are both overweight in commodities. Personally, If i was in your position and as you are dealing with relatively small amounts of money, to keep life simple i would stick it all in Neptune Global Equity and leave it for the long term. Adjustments between sectors and countries are made dyamically on your behalf - and it is currently overweight on emerging markets and commodities. Neptune Global Equities also includes about 20% in the UK.

Another point is that Neptune Global Equity is an OIEC and H&L give you a complete discount on bid/offer spread so there are no up front fees unlike most of the other funds you mention.

mr_fishbulb · 4 February 2008 at 3:25PM

wombat42 wrote: »

Another point is that Neptune Global Equity is an OIEC and H&L give you a complete discount on bid/offer spread so there are no up front fees unlike most of the other funds you mention.

I just noticed that - they only refund 4.75% of the 5% initial charge for JM Finn. Strange as they normally seem to refund all upfront charges on their recommended funds.

But the rest of the funds on my list are fully refunded on initial charge.

shokadelika · 4 February 2008 at 6:58PM

mr_fishbulb wrote: »

Nothing at the moment, but I want to set up a regular payment when my payrise comes through next month. I will have £200 or £150 to play with each month so it looks like £50 into each of 4/3 funds.

The ones I'm looking at are:
Eclectica Agriculture,
Invesco Perpetual High Income,

And them I'm split between:
JPM Natural Resources,
Neptune Global Equity,
JM Finn Global Opportunities.

Very high risk, but I have 3 years worth of cash ISA which I will continue to fill, plus a company contributed pension which is medium risk. I'm looking at this monthly investment as my experiment.

I'm also thinking of sticking £500 into the AIGP ETF from ETF Securities (Tracks the Dow Jones AIG Commodity Precious Metals Sub-index). Keeping an eye on gold at the moment as some people say a correction is due, but some say it's only going up from now on.

The more I read into the funds, the more I question the choices I've already made!

Actually a little known fund from Marlborough MFM Ishares Commodities has been motoring of late invests in Agriculture,Gold,Grains etc but the actual Etf's not equities so you have direct exposure.
http://www.h-l.co.uk/fund_research/security_details/sedol/B195JD8.hl

mr_fishbulb · 4 February 2008 at 10:09PM

shokadelika wrote: »

Actually a little known fund from Marlborough MFM Ishares Commodities has been motoring of late invests in Agriculture,Gold,Grains etc but the actual Etf's not equities so you have direct exposure.
http://www.h-l.co.uk/fund_research/security_details/sedol/B195JD8.hl

Oh no! Another fund that looks good

Although the performance seems to have been bad until October when compared to ETF Securities' Dow Jones-AIG Commodity Index which has shown smooth increases for the past 12 months.

I hope that MFM iShares Commodities performance hasn't increased because it got lucky, rather than good management.

purch · 5 February 2008 at 9:04AM

Marlborough MFM Ishares Commodities

Interesting. It could be a cheaper way of getting exposure to the various Commodity Index's, depending of course on the amounts you wish to invest, and the spread of ETF's. A single ETF would be cheaper to hold by itself, as the 1% initial charge could equate to your dealing cost. and you would save on the AMC, but not a broad basket.

JM Finn Global Opportunities

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