Going to go for growth. Suggestions?

liebe911

I won't be investing in any of them, I will invest in real estate business.

Hatone

thrupence wrote: »

Dunno about that Neptune Japan. The manager achieved his outstanding recent results by shorting the Topix index and he won't be able to do that in a time of growth. His results previously haven't been that good and the charges are a tad high.

The reason he is shorting the Topix index is simply because Japan's economy is still declining - Why would he want to risk going for growth in a declining market? Today Japan's economy has officially strunk by 13pc. With that in mind, I think he's in a favourable situation just as long as the economy doesn't suddenly take-off or see a sterling rebound. Having said that, the fund manager can adjust his positioning according to the state of the market, by long and short selling - so he is NOT just restricted to shorting. I think this fund is in good shape, having invested over 30% in cash to preserve capital during this volatile time. But I do agree that the charges are high but hopefully it will pay of.

wombat42_2

Message Deleted

Blah99

Primrose wrote: »

Perpetual High Income is also one of my favourites. It seems to be everybodys' favourite for good reasons and I'm wondering if there's a real risk that this fund could become overinvested and the sheer amount of money going into it could one day make it to0 large to become manageable?

Yes, this is a good point. It's the fund almost everyone thinks of when you ask them for the first one that comes to mind - good old Neil. I very nearly followed the herd and put a few £k into this but stopped for exactly the reason you've posted.

Do I have an answer? Nope. I think I might still buy in anyway. Saves me from actually having to do any thinking

sabretoothtigger

Just noticed Neptune made 60% over the last year, wow

Neptune Japan Opportunities


I guess all the OP funds must have done ok recently apart from Blackrock gold



http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=DJF51&univ=U

1 Mar 2006 ... Neptune Japan Opportunities fund has returned 43 per cent over the past year

http://www.telegraph.co.uk/finance/personalfinance/investing/2933282/Funds-uncovered-Neptune-Japan-Opportunities.html


The fund manager has left his short hedge open though and markets have recovered some so the OP may have lost money if investing in feb. He must have a good reason for doing that though so only time will tell.
I heard Japan is operating at 1980 share prices
http://www.citywire.co.uk/personal/-/news/money-property-and-tax/content.aspx?ID=338434

Hatone

I'm not surprised - he made a good call to short the Topix index. The trouble is, the Japanese economy is fooked for the time being.

Plummeting exports
Manufacturers going bust every day
Car market in trouble
Strong Yen
Seriously unpopular government
No government opposition
Worst developed country in terms of economy shrinkage

It's no wonder Chris Taylor is still leaving his short position open....

Jake'sGran

Primrose wrote: »

Perpetual High Income is also one of my favourites. It seems to be everybodys' favourite for good reasons and I'm wondering if there's a real risk that this fund could become overinvested and the sheer amount of money going into it could one day make it to0 large to become manageable?

Me too and I also have Invesco Perpetual Income but I am depressed at the moment because I have been getting annual statements and cannot believe how much some have lost. I did intend to sell Jupiter Income last year and asked one of the Hargreaves Lansdown people why it was on his "gold" list. His response was like a foreign language. It will be sold but I will have to wait now. (But I have had a lot of income over the years from this one).

Today I received the fancy M & G statement of their Global Basics which had been doing well but which has dropped a lot. The only bit of comfort is that over time I have picked up quite a few FOC shares like Centrica, National Grid, United Utilities, Deutsche Post and Santander.
My portfolio shows 67% in cash. I was going to sell 2 yrs cash ISA and buy
Blackrock Uk Absolute Alpha and First State Asia Pacific. Not sure!

Jake'sGran

sh856531 wrote: »

Hi dunst,

Thanks for that. I'm thinking about trying Inv Perp high Income as well. It seems to be very well regarded. I can't tell though if the 1.25% management fee is worth it or whether its better just to stick to less risky funds that don't have a management fee.

I'm thinking about putting 100pm into that fund and 200pm into cash. The rest into pornography.

:-)

Many thanksS

With Hargreaves Lansdown you would get back a small amount of the annual charge each year - better than nothing. Neil Woodford is very highly regarded, possibly on a par with Antony Bolton whose famous fund is picking up.

sabretoothtigger

Blackrock Uk Absolute Alpha and First State Asia Pacific. Not sure!

absolute returns seems a strategy for reduced returns with less risk to the downside.
The asia pacific seems a much better buy to me but you've got them in the right order, if you hold any uk shares then less should be in the uk fund proportionately imo

Hatone

Talking of growth investment, I recently bought into First State's brand new fund investing in Latin America - released four weeks ago at £1. A great starting price imo, considering emerging markets are starting to show a lot of promise and likely to recover before developed nations.

Looking at the performances of other First State funds, I reckon the Latin America fund will do equally well...

I like to take high risks though. Got most of my holdings in Asia Pacific, China, Russia and Latin America.