Reasonable Portfolio?

cheerfulcat

ReportInvestor wrote:

Interesting that the chief MSE supporter of these stocks (Deemy) admits to being only 11% invested in equities at the moment.

They have all had a hell of a good run.

Is it time to call time, like Deemy has?

Oh please :rolleyes:

I was only pointing out the absence of these areas. It is a mug's game to try to time the markets IMHO.

ReportInvestor

Indeed. Deemy has missed out on some very useful gains recently.

simonhgreen

'scuse chaps, I'm very grateful for the feedback, but generally speaking am I right in thinking that I may be underweight in south america, india, far east, miners, etc, or am I over-thinking this?

I'm starting to get confused again (it doesn't take much)?!

ReportInvestor

You're overthinking this courtesy of posters above.

Such volatile markets should not make up more than 10-15% of your portfolio at most.

cheerfulcat

ReportInvestor wrote:

You're overthinking this courtesy of posters above.

Such volatile markets should not make up more than 10-15% of your portfolio at most.

What I said was

cheerfulcat wrote:

I'm not saying that you need these things and certainly they are probably more volatile than what you have but they are worth considering.

10-15% sounds about right.

simonhgreen

Am I correct in that the funds I am thinking of investing in (see OP) will have some exposure in these areas, so I should stop trying to cover all bases with different funds?

I think I'm gradually getting it !

dunstonh

EdInvestor wrote:

That's a rather odd suggestion. Fidelity SS has around 4bn quid under managment IIRC, but its main holdings are very large liquid shares with huge market caps.

Why would you think there was a potential problem?

New investments are hit with a increased charge and most research companies have warned not to continue to using it for new business with short/medium timescale because it will be entering the unknown. As long as you understand that then there isnt a problem. However, its not the automatic choice it used to be.

Am I correct in that the funds I am thinking of investing in (see OP) will have some exposure in these areas, so I should stop trying to cover all bases with different funds?

They will have limited exposure to those areas. However, it is no substitute for having funds in those areas.

carnet

dunstonh wrote:

However, its not the automatic choice it used to be.

IMHO it hasn't been for the past 5 years.

There have been better performers in the sector - mainly because the sheer size of this fund has been an inhibiting factor - despite AB's genius - hence the plan to split it.

Also, for what its worth, the only Artemis offering I would now consider is Peter Saake's fund, which utilises their proprietary SmartGARP stock selection tool - and even there, I prefer certain other funds in the sector going forward.

Although most Artemis funds have relatively good track records and excellent managers, in particular Philip Wolstencroft's which also uses SmartGARP, they have, IMHO, proved just too popular and many of their funds have now grown far too large for my taste - the relative outperformance of the best fund managers tends to diminish the larger their funds become - see Jeremy Lang's Liontrust First Inc. for another recent example of this. I believe there are other (smaller) funds in all of their respective sectors with better prospects looking ahead.

And what concerns re. HL ?

EdInvestor

New investments are hit with a increased charge and most research companies have warned not to continue to using it for new business..

Sure, that's well known. But a "run" on the fund would involve old customers rushing to withdraw their money. However the old customers (like me and Simon ) are not subject to the new charges, and the advice to them is to stay put and await the fund split, right?

And what concerns re. HL ?

Cheerful Cat has decided to dump HL as SIPP supplier as service appears substandard.As documented on the HL thread adjacent.

carnet

EdInvestor wrote:

Cheerful Cat has decided to dump HL as SIPP supplier as service appears substandard.

That's OK then , don't use 'em for SIPPS - but always found their service excellent for the things I do use 'em for - unlike Bestinvest/Cofunds .