Comments please on my possible investment

kayleigh

I am looking into starting an investment with fidelity. The investment is aimed at about 10 years - at about £400 per month - into an ISA starting in April. I will probably just leave it once I start the investment - don't have enough time or interest to monitor it too often - maybe have a look once every few month on how things are going.

I was thinking

£140 standard life UK Equity growth (my stable one)
£50 Neptune Russia and Greater Russia (my high risk)
£80 Jupiter Financial Opportunites (quite stable)
£60 Fidelity Global Property Fund (new - not sure how high risk)
£70 Legg Mason Japan (seems to get good reviews)

dunstonh

£400 a month... Why only 5 funds?

Jupiter Fin Ops is not quite stable. It is high risk. Fid Glob Property is med/high. I would go with the maximum 9 funds that FNW allow as you are missing some major sectors.

kayleigh

Which sectors would you recommend - I just stuck my previous ISA into SL - and after seeing this board and reading lots - think I should be splitting between companies.

dunstonh

I cannot recommend sectors here as I have to comply with board rules. I would note that you are missing US and Europe as two major regions. You also have no property fund (as in bricks and mortar rather than shares) and no safer fund to fall back on with automatic rebalancing (assuming you intend to rebalance, which in a 10 year period is something you should do often). You are also limiting your spread across the UK.

carnet

dunstonh wrote:

£400 a month... Why only 5 funds?

I would go with the maximum 9 funds that FNW allow

8 funds, surely (£50 x 8 = £400)

EdInvestor

We've just discussed these issues on this thread


Re property funds, there are two types: the majority, which are run by the big insurance companies and invest in actual buildings

and the minority, like the Fidelity one, which invest in the shares of property companies.

You probably want the former type.There should be more of these coming up to choose from very soon as they are now being allowed into ISAs - but as I said elsewhere you might be best to see if the Standard Life one is available, as it has an excellent record.

dunstonh

carnet wrote:

8 funds, surely (£50 x 8 = £400)

New laptop. In my mind I pressed 8. Ive been doing similar things to that all week as the keys are laid out slightly differently.

As for property, why not both? The Fidelity or Schroder property funds are miles apart from the traditional bricks and mortar funds.

whiteflag_3

kayleigh wrote:

I am looking into starting an investment with fidelity. The investment is aimed at about 10 years - at about £400 per month - into an ISA starting in April. I will probably just leave it once I start the investment - don't have enough time or interest to monitor it too often - maybe have a look once every few month on how things are going.

I was thinking

£140 standard life UK Equity growth (my stable one)
£50 Neptune Russia and Greater Russia (my high risk)
£80 Jupiter Financial Opportunites (quite stable)
£60 Fidelity Global Property Fund (new - not sure how high risk)
£70 Legg Mason Japan (seems to get good reviews)

Seems fine to me

For your info , my firm has just put together our ISA marketing brochure and out of the 4 funds we are recommending, 3 are listed above.

Would problably gone for a multi manager fuind instead of Standard Life

whiteflag_3

EdInvestor wrote:

We've just discussed these issues on this thread


but as I said elsewhere you might be best to see if the Standard Life one is available, as it has an excellent record.

Why ?

The Standard Life one is available, but is effectively a UK Fund.

Surely a global fund offers much more opportunity and risk diversification.

dunstonh

For your info , my firm has just put together our ISA marketing brochure and out of the 4 funds we are recommending, 3 are listed above.

Interesting. There are 3 funds in that list I have recommended in the last fortnight. I bet it's the same 3 as well (Jup, Fid, LM).

whiteflag_3

:T Nope!
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