sensible mix of funds?

pedro789

Linton wrote: »

Not convinced by any of your list if you are looking for >5 years bit of risk growth.

Assuming you have a reasonably amount remaining in cash and other safe investments and can accept (hopefully) temporary major drops, for a small growth portfolio I would be looking at

• Asia-Pacific (excluding Japan)
• Raw Materials
• possibly Emerging Markets although I am a bit concerned by something I read that the amount of money now going into this sector may be larger than it can accommodate without causing a bubble.
• For the UK I like Fidelity Special Situations (though this seems to have fallen behind a bit recently) or M&G Recovery

It is a bit dangerous to rely too much by searching through Morningstar or Trustnet. These only provide returns for up to 5 years. The past 5 years have been a little unusual - with historically unusual rises and falls. I would put as much reliance on one's judgement as to the long term nature of the world and UK economy.

Thanks Linton, that's very helpful. I realise I'm a bit out of my depth but feel as though I need to take the next step even if it means accepting there will be some losses along the way.

I suppose I was looking for a broad exposure rather than specific sectors (e.g. raw materials) but this may be the wrong approach. Hopefully I can get a few more informed opinions and do some more research before I take the plunge.

Thanks again.

artha

Linton wrote: »

It is a bit dangerous to rely too much by searching through Morningstar or Trustnet. These only provide returns for up to 5 years. The past 5 years have been a little unusual - with historically unusual rises and falls. I would put as much reliance on one's judgement as to the long term nature of the world and UK economy.

Although I'm now a bit sceptical on the value of too much research on past performance, I would be interested to know where(if anywhere) longer term fund performance can be seen.

cepheus

Long term fund performance becomes rather meaningless if fund managers change. Some people prefer following the manager.

artha

cepheus wrote: »

Long term fund performance becomes rather meaningless if fund managers change. Some people prefer following the manager.

Agree to some extent but I'd still like to be able to view profiles >5 years

Rollinghome

artha wrote: »

Although I'm now a bit sceptical on the value of too much research on past performance, I would be interested to know where(if anywhere) longer term fund performance can be seen.

Citywire http://www.citywire.co.uk/adviser/fund-and-fund-manager-performance/-/unit-trusts/uk-all-companies/fund-league-table.aspx?CitywireClassID=9&RankModelID=9&TimePeriod=36 have figures for up to 10 years.

Interesting to note too that only half the current funds existed 10 years ago because new funds are constantly launched to replace the duds that are removed. Fund managers, like doctors, bury their mistakes.

cloud_dog

Rollinghome wrote: »

Fund managers, like doctors, bury their mistakes.

Ouch..... but I like it.