beware artemis strategic assets

Jonbvn

bendix wrote: »

At the end of the day I don't really give a damn about individual funds - one Emerging Markets fund is going to perform pretty similarly to another Emerging market fund.

Sorry B, but that is complete BS.

bendix

Jonbvn wrote: »

Sorry B, but that is complete BS.

Fine. I'm exaggerating to make a point. There will be variances and one can never rule out awful management as a factor, but at the end of the day if I decide i want 10 per cent exposure to emerging markets share funds, I'm !!!!!!ed if I'm going to worry myself into a fit going over the minutae of asset allocation, fees, performance histories of the literally hundreds of funds in this sector. Life is too short.

A good example is UK equity income funds. Compare the top ten share holdings of the most popular ones. I'm prepared to bet Glaxo, BAT, Astra, National Grid, Vodafone, BT, BG and Imperial Tobacco feature in pretty much every one of them.

Emerging markets? Brazil 15%. HK 25%. India 15%. Russia 8. Thailand 4%.

It's all variations on a theme, and in today's globalised capital markets, a 1% rally in HK is invariably followed by a 1% rally in India, UK, France, US etc.

Don't sweat the small stuff.

StevieJ

bendix wrote: »

Fine. I'm exaggerating to make a point.

Oh you do understand hyperbole when it suits you

Loughton_Monkey

StevieJ wrote: »

I must say I do get a little fed up with H&L pushing funds and destroying the rain forests with all the crap they send out.

Sorry to be pedantic.

As bad as the rain forest destruction is, it doesn't go into making paper. Paper is almost totally made from bamboo, which actually is a rampant grass - readily renewable.

But I agree the thrust. I am 100% happy with their funds service but don't like keep getting mailed.

blinko

whats wrong with hardgreaves pushing funds they are paid too do ??

EVERY broker out there does it

DYOR ALL THE TIME

dont blame HL if YOU made a poor decision

we all want HL to be as cheap as they are but someone has to pay for it somehow

bendix

StevieJ wrote: »

Oh you do understand hyperbole when it suits you

Only when I do it. When I do it, it's creative point-making with dramatic flair.

When others do it, it's annoying over-reaction.:D

bendix

Loughton_Monkey wrote: »

But I agree the thrust. I am 100% happy with their funds service but don't like keep getting mailed.

Yeah, modern life's a b**ch, isn't it? I can see how hard it is picking up that mail and putting it in the bin every couple of months.

I'm surprised you manage to get out of bed every morning :-)

Old_Slaphead

bendix wrote: »

Yeah, modern life's a b**ch, isn't it? I can see how hard it is picking up that mail and putting it in the bin every couple of months.

bendix, you must be missing out, it's every couple of weeks.

Guess what, today another Investment Times & SIPP Times & a great wodge of app forms (when most of recipients are probably already signed up)....and what are they pushing - you've guessed...Art Strat & Jupiter Abs Ret (even though they acknowledge that the latter has been a poor performer).

HL and SundayTimes Wine Club must keep my poor old postie and binmen in a job.

rich_b_3

There doesn't seem to be anyone with anything positive to say about the fund manager running Artemis Strategic Assets.

StevieJ

rich_b wrote: »

There doesn't seem to be anyone with anything positive to say about the fund manager running Artemis Strategic Assets.

What is your gripe?