Investing - Chasing the bubbles or a diverse, solid grounding?

chris1

kittie wrote: »

our sipp portfolio has 31 baskets for eggs. All the eggs belong to solid, substantial income generators within many different sectors. Not a single fund among them Equities, pibs and two perfs. We are now fully invested as from last week and we are our own managers and the sipp is doing fine

... perfs?

[Deleted User]

ohh I always do that. I meant prefs

http://www.collins-stewart.com/Downloads/FixedInterest/Leading%20Prefs%20&%20PIBS%2001-04-09.pdf

I chose standard chartered and cooperative bank. The yield when I bought stan was about 11%

The pibs are from sheet 2 and nationwide forms the bulk but I also bought skipton, manchester, kent reliance, coventry and principality

equities are the usual (mostly) high yielding solid stuff like utilities, oils, pharma, energy etc and I do have an etf ishare IUKD which yields me about 11% bought at £4.99. That one gives an income 4 times a year and costs re buying and selling are very low. All divis are plopping into the sipp, which will be vested in 2012

The one and only time I dipped into funds was when I took over the pension (dh`s) and transferred to a sipp and I bought solid funds. I could see in a while that times were turning bad and couldn`t get out all at once. I had to sell tranches over days so that is another reason not to have funds, besides the costs and `cavalier` management of many

re gilts: yes it is a bubble and I sold in the sipp a couple of weeks ago after holding for two years. Nice big profit too, although I bought them for income not profit

re alternative assets: ie property, people often forget that they should be counting their home in their property percentage and that is why we never owned a property fund

wombat42_2

Commodities and emerging markets are both almost certainly good bets over the next 10 years. But they are sure to be volatile, The JM Finn Infrastructure fund is almost certainly sound as a long term fund. You shouldnt be in equities or commodities if you are simply depending on getting rich in say 12 months. You have to be prepared to stick with it 5 years minimum.

rl290

I would just like to point out that not all absolute funds have faired badly... I've been touting this for some time now:
http://www.h-l.co.uk/funds/fund_performance/sedol/B2PX171
Over 40% in a year ain't too shoddy.

Also, I'm a big fan of Ruffer, whose European fund can invest in bonds, equities and gold, so they manage the investment mix as the cycle moves. They've got a fairly strong long term record, and their investment updates are very clear statements of their strategies (plus they make quite amusing reading):
http://www.h-l.co.uk/funds/fund_performance/sedol/3167816

R

strawberrylane

our sipp portfolio has 31 baskets

@kittie who is your Sipp with?

wombat42_2

rl290 wrote: »

I would just like to point out that not all absolute funds have faired badly... I've been touting this for some time now:
http://www.h-l.co.uk/funds/fund_performance/sedol/B2PX171
Over 40% in a year ain't too shoddy.

Also, I'm a big fan of Ruffer, whose European fund can invest in bonds, equities and gold, so they manage the investment mix as the cycle moves. They've got a fairly strong long term record, and their investment updates are very clear statements of their strategies (plus they make quite amusing reading):
http://www.h-l.co.uk/funds/fund_performance/sedol/3167816

R

The Octopus fund is bond based rather than equity based - it is easy to make money from bonds right now. I prefer a diverse absolute return fund (L& G find)

That ruffer fund is doing OK as it is nearly all cash.

RubyBish

wombat42 wrote: »

The Octopus fund is bond based rather than equity based - it is easy to make money from bonds right now. I prefer a diverse absolute return fund (L& G find)

That ruffer fund is doing OK as it is nearly all cash.

The CF Octopus Absolute Return is >75% equities.

wombat42_2

RubyBish wrote: »

The CF Octopus Absolute Return is >75% equities.

Well it looked very scary when it suddenly tanked 17% last JUly.

turbobob

wombat42 wrote: »

I like L&G Diversified Absolute Return fund as it is "diversified" and is actually 90% cash and 10% a diversified hedge fund.

I'm watching this but have not invested in it. I thought it was to be run as a global macro fund.

mr_fishbulb

turbobob wrote: »

wombat42 wrote: »

I like L&G Diversified Absolute Return fund as it is "diversified" and is actually 90% cash and 10% a diversified hedge fund.

I'm watching this but have not invested in it. I thought it was to be run as a global macro fund.

How do you guys find out about funds like these?