Funds - the more risky type - Advice pls.

StevieJ

jep49 wrote: »

Is there a difference?

See the title that was July 2009, just click on the link now, they have just changed the dates

UK Property to HALVE Between Now and July 29, 2010 [FONT=Georgia, Times New Roman, Times, serif]Don’t buy into the property rally, reader. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]It’s for SUCKERS. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]You have a right to be skeptical. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]Nationwide reported that May house prices rose by 1.2%. Halifax claimed a rise of 2.6% for the same month. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]The Bank of England confirmed that new mortgage approvals (often a good forward indicator) climbed 8% during April to 43,201, their highest level for almost a year. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]So do the property optimists seem to have a point? [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]In a word: NO.[/FONT]
[FONT=Georgia, Times New Roman, Times, serif]Dig below the surface, and the outlook is far worse than most in the mainstream press are willing to let on. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]There are five rock-solid reasons why we think residential property will halve between now and July 29, 2009: [/FONT]

http://www.fsponline-recommends.co.u...5290&l=170361&

jep49

psychy wrote: »

Thanks Digger.
Not thought really thought about gold.

But just looking into it and BlackRock Gold & General Accumulation Units is on Mark Dampier's Wealth 150.
What do you guys think of this?

So far I'm looking at:

1) Aberdeen Asia Pacific Acc or First State Investment Asia Pacific Leaders Acc

2) Aberdeen Emerging Markets Acc or First State Global Emerging Market Leader Acc

3) Deutsche Bank's Vietnam Index ETF

4) The above Blackrock Gold UT

How does this sound? I'll be looking at diversifying a little more next month when my new ISA allowance comes through.


Many thansk again all.

Vietnam? why a fund specifically for vietnam. I know its being tipped in moneyweek, i think, but 25%

jep49

StevieJ wrote: »

See the title that was July 2009, just click on the link now, they have just changed the dates

UK Property to HALVE Between Now and July 29, 2010 [FONT=Georgia, Times New Roman, Times, serif]Don’t buy into the property rally, reader. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]It’s for SUCKERS. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]You have a right to be skeptical. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]Nationwide reported that May house prices rose by 1.2%. Halifax claimed a rise of 2.6% for the same month. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]The Bank of England confirmed that new mortgage approvals (often a good forward indicator) climbed 8% during April to 43,201, their highest level for almost a year. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]So do the property optimists seem to have a point? [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]In a word: NO.[/FONT]
[FONT=Georgia, Times New Roman, Times, serif]Dig below the surface, and the outlook is far worse than most in the mainstream press are willing to let on. [/FONT]
[FONT=Georgia, Times New Roman, Times, serif]There are five rock-solid reasons why we think residential property will halve between now and July 29, 2009: [/FONT]

http://www.fsponline-recommends.co.u...5290&l=170361&

Do you subscribe to their advice to sell off all stocks/funds now, to avoid the coming disaster?Do you think this stocks collapse is going to be a worldwide thing?

StevieJ

jep49 wrote: »

Do you subscribe to their advice to sell off all stocks/funds now, to avoid the coming disaster?Do you think this stocks collapse is going to be a worldwide thing?

You mean like

UK Property to HALVE Between Now and July 29, 2010

StevieJ

jamesd wrote: »

phsycy, jep49, it might help you to know that as part of some bed and breakfasting to realise capital gains and use my CGT allowance for this year I recently made these changes from higher to lower volatility funds for some of my holdings. The destination funds are still highly volatile, just a bit less so.

Fidelity SE Asia to First State Asia Pacific Leaders
JPM Natural Resources to M&G Global Basics
Allianz RCM BRIC Stars to Aberdeen Emerging Markets

These are all fine funds, just pick whichever covers areas that interest you and has a good match to your views about the area. If any of them do.

Is there any occasion when a fund is so similar that the revenue would count them as the same? eg


First State Glbl Emg Mkt Leaders Class A Accumulation

http://www.firststate.co.uk/uploadedFiles/CFSGAM/PdfFundFactsheets/GEML.pdf

First State Global Emerging Markets A Accumulation Shares

http://www.firststate.co.uk/uploadedFiles/CFSGAM/PdfFundFactsheets/GEM.pdf

jamesd

Have a read of CGT and tracker fund fungibility where the answer seems to be not so similar. Those two funds have different objectives and components so they aren't fungible. Fungible being freely interchangeable just like one non-fake perfect Pound coin and another.

Commercial property funds look more interesting because prices are quite low and they are linked more to retail or business performance than residential property and it's link to interest rates, deposit requirements and money availability from lenders.

psychy

jep49 wrote: »

Vietnam? why a fund specifically for vietnam. I know its being tipped in moneyweek, i think, but 25%

Yeah, maybe not Vietnam after all. Thought it was a good idea as i always seen it as a growth area.

Now thinking more along the lines of Indian Technology, Brazilian Agriculture.

Any BRIC funds that you guys have interest in?

atypical

psychy wrote: »

Any BRIC funds that you guys have interest in?

I've been eyeing Allianz BRIC Stars. Not sure yet though...

psychy

atypical wrote: »

I've been eyeing Allianz BRIC Stars. Not sure yet though...

Yeah, me too. It's on Dampier's 150 too.
What are your reservations for this?

jamesd

Lots of concentration in just the BRICs. Have a look at Aberdeen Emerging Markets for an alternative. Broader spread of investments, lower growth but still pretty good. Either is interesting, I'm using both at the moment, in part for reducing the risk of my large emerging markets exposure.

Either can be good if you add one or more funds that concentrate on specific areas. Perhaps you're more keen on Latin America or broader Asia than a pure BRIC fund, so add funds for those areas. Or Russia or India or emerging Europe.

If I recall correctly the Aberdeen Emerging Markets manager is more keen on Latin America and India than just Brazil, Russia and China.