My ISA Portfolio - Tweaked!

lemon26

Hi again all,

Just been tweaking my portfolio and now plan to leave it be for a while, think I've got as much done as I can think! Now it's open to the floor for thoughts and opinions...

Before anyone reads on, I'm 26, have a non-contributory pension and a good salary, happily overpay my mortgage and with current interest rates should be paid off in Jan 2015 (have had mortgage for 3 years so far) and have £10k in cash savings (ISA and so forth). I'm not investing for anything in particular, just a long-term nest egg.

So, my portfolio is:

Artemis Strategic Assets = 15.32%
Invesco Perp High Income = 14.81%
M&G Global Growth = 14.66%
Threadneedle UK Property Trust = 10.13%
Jupiter Financial Opportunities = 7.27%
JPM Natural Resources = 7.01%
Jupiter India = 7.01%
HSBC Pacific Index = 6.49%
Invesco Perp Corporate Bond = 6.49%
Jupiter Int'l Financials = 5.71%
Aegon High Yield Bond = 5.19%

I'm not after any income so any dividends are re-invested. I think this is a pretty aggressive portfolio but i stand ready to be corrected.

Thanks for you time and your thoughts, L :cool:

bendix

I think you think too much. At 26 I don't think it matters how aggressive your portfolio is - you have tons of time to correct mistakes.

Are you saying your £10k is all in these funds?

If so, the only comment I would make is that eleven funds would seem to be too many for that size nest egg, but - hey - whatever floats your boat.

I'm a big fan of the Artemis SA fund, incidentally. Littlewood is doing a very good job with that at the moment.

Jonbvn

bendix wrote: »

I'm a big fan of the Artemis SA fund, incidentally. Littlewood is doing a very good job with that at the moment.

Don't you think it is a bit too early to jump to conclusions about a fund that has been open less than a year?

http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=F5FA5&univ=U&pagetype=overview

Totton

Not at all, sometimes the best returns come to the early adopters. I'm in the Artemis Strategic Assets fund as well, it looks a good diversifier within a portfolio, Littlewood has admitted to being too cautious but of late it has been a good performer and true to its remit as far as I am concerned.

As for the posters portfolio, in general terms I prefer fewer funds but 11 is okay if you have the time to track it. I like Jupiter funds also but beware of the costs, they aren't the cheapest house around and the portfolio looks heavy on financials, having said that I do like the idea that Guy de Blonay will be teaming up with Peter Gibbs, what a team that is!.

The international financials one could be quite costly in performance fees, I wonder if you would be better taking a decision on just one of those and limit it to 5%. M&G Global Growth is good although I'd consider Ecclesiastical Amity International as a better option at the moment. I'm interested in your choice of HSBC Pacific, for me the aggressive choice would be Fidelity SE Asia whilst for a less aggressive choice I'd go for First State Asia Pacific Leaders as I like the way that fund performs.

With so many funds I was surprised to see no Emerging Market fund to cover South America etc, perhaps you are a little heavy on Asia but favour that area for your portfolio.

Anyway, good luck with your portfolio, thanks for sharing.
Mickey

Jonbvn

Totton wrote: »

Not at all, sometimes the best returns come to the early adopters.

Can you substantiate that claim, or is it just a sound-bite?

sabretoothtigger

Is ART SA about infrastructure then

Jonbvn

sabretoothtigger wrote: »

Is ART SA about infrastructure then

67.7% in UK equities. The rest in money market & commodities.
http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=F5FA5&univ=U&pagetype=portfoliobreakdown

bendix

Jonbvn wrote: »

Don't you think it is a bit too early to jump to conclusions about a fund that has been open less than a year?

http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=F5FA5&univ=U&pagetype=overview

Which part of 'doing a good job at the moment' don't you understand?

bendix

Jonbvn wrote: »

67.7% in UK equities. The rest in money market & commodities.
http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=F5FA5&univ=U&pagetype=portfoliobreakdown

I'm not sure that's right. It's currently 25% in cash, for a start. Around 45% in UK equities, with a smattering of other overseas equities and, of course, various commodities.

But it's not the make-up of the fund at any moment in history that's important - it is the freedom the fund has to move outside normal boundaries - to switch from shares to currencies, for example, or to move suddenly significantly into platinmum or gold.

That's what makes it interesting to me.

lemon26

bendix wrote: »

Are you saying your £10k is all in these funds?

Hi Bendix, my £10k is in cash savings so it's not risked - although I won't get as great of a return on it though! Cheers, Lemon

Totton

Jonbvn wrote: »

Can you substantiate that claim, or is it just a sound-bite?

Of course but I feel no need to, just do your own research and you'll find many examples.

Mickey