Another Portfolio Analysis

sunil1234

Well here is my current portfolio of our joint ISAs and my SIPP

I am agreesive in terms of outlook but would welcome any suggestions.

I have another 50% or so of the current fund values to drip in so i will use that to rebalance rather than switching unless i am very very exposed.

Shoot away!

Smith & Williamson Global Gold & Resources 16%
Allianz BRICS 7%
JPM Natural Resources 7%
Schroder UK Alpha Plus A 7%
Aberdeen Emerging Markets 6%
First State Greater China Growth 4%
Invesco Perpetual High Income 4%
Jupiter European Income 4%
AXA Framlington Global Tech 4%
First State Indian Subcontinent 3%
First State Global Emerging Mkt Leaders 3%
Fidelity South East Asia 2%
M&G Global Basics 2%
Investec Emerging Market Debt 2%
Junior Gold Trust 2%
Junior Oils Trust 2%
BlackRock European Dynamic 2%
BlackRock US opportunities 2%
CF JM Finn Global Opportunities 2%
First State Global Property Securities 2%
Invesco Perpetual Global Smaller Companies 2%
M&G Recovery 2%
Malborough UK Micro Cap 2%
Templeton Global Bond 2%
Marlborough Special Situations 1%
Xcite Energy Limited Ord NPV 1%
Standard Life UK Smaller Companies 1%
GLG Japan Core Alpha 1%
First State Latin America 1%
GLG Technology Equity Fund 1%
Jupiter India 1%
Neptune Russia & Greater Russia 1%
Gulf Keystone Petroleum Com Shs USD 1%
BlackRock Gold & General 1%
Beacon Hill Resources Plc Ord 0.25p 0%
BP plc Ordinary US$0.25 0%

Rollinghome

sunil1234 wrote: »

Shoot away!

The only comment I'd make is that around 40 funds is quite a lot to keep tabs on. It's something I'm guilty of myself though I've made an effort in recent years to reduce the number of shareholdings I have as I've increased the number of funds.

You also have a mix of global/regional funds that often overlap other funds for specific countries or themes. Don't you find that makes it difficult to keep track of exactly where you're invested?

sunil1234

Rollinghome wrote: »

The only comment I'd make is that around 40 funds is quite a lot to keep tabs on. It's something I'm guilty of myself though I've made an effort in recent years to reduce the number of shareholdings I have as I've increased the number of funds.

You also have a mix of global/regional funds that often overlap other funds for specific countries or themes. Don't you find that makes it difficult to keep track of exactly where you're invested?

thanks, and those are very fair points!:beer:
i have it all on HL so not finding it a chore so far (but its only been a month lol)

I guess the reason for overlap is not to get caught out by a fund manager so having the same theme but across 2 or more fund houses.

What do you think? Any suggestions as to where i should beef up?

S

Rollinghome

sunil1234 wrote: »

What do you think? Any suggestions as to where i should beef up?

I'm not sure if there's any benefit in one investor telling another where he should be invested especially when what we're each looking for is different. Many of those funds I don't know much about. It doesn't look as if it's very balanced which I assume wasn't your aim and why should it be? You'll already have used the analysis tools at H-L I'd assume. You seem very heavy in resources and if you think that's where it at and want money on it then good for you. If you just wanted plain old "balance" then a low cost MSCI World tracker would do it.

Loughton_Monkey

Rollinghome wrote: »

I'm not sure if there's any benefit in one investor telling another where he should be invested especially when what we're each looking for is different.

Agreed.

I can say 'snap' on a few of your funds, but that's of no significance.

The most important issues are not the particular funds at all. But rather the more esotric things that all of us have a view on, but none of us knows. E.g.

Is it still safe to be in world equities at all? Or should be scramble for cover back to bonds and gilts?

If so, should we be in India or Far East? Japan or not Japan? Or are US Smaller companies actually do better? Is India safer than BRIC?

Has gold peaked? Is there more steam in Commodoties generally?

Yes. I always view portfolios as being like ars*holes. In other words, we've all got one, but maybe should not be showing them in public.

sunil1234

Loughton_Monkey wrote: »

I always view portfolios as being like ars*holes. In other words, we've all got one, but maybe should not be showing them in public.

:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

blinko

mate your folio is a bit of a mess if i am not correct i saw 3 different india funds !!!

you need to look at the sectors your overlapping in for me the best india fund is first state as its more diversified but then again they are more or less all within a few % of each other

btw I hope this was a serious question and those shares at the bottom i hope you pick them better than you funds !!!

bendix

sunil1234 wrote: »

Well here is my current portfolio of our joint ISAs and my SIPP

I am agreesive in terms of outlook but would welcome any suggestions.

I have another 50% or so of the current fund values to drip in so i will use that to rebalance rather than switching unless i am very very exposed.

Shoot away!

Smith & Williamson Global Gold & Resources 16%
Allianz BRICS 7%
JPM Natural Resources 7%
Schroder UK Alpha Plus A 7%
Aberdeen Emerging Markets 6%
First State Greater China Growth 4%
Invesco Perpetual High Income 4%
Jupiter European Income 4%
AXA Framlington Global Tech 4%
First State Indian Subcontinent 3%
First State Global Emerging Mkt Leaders 3%
Fidelity South East Asia 2%
M&G Global Basics 2%
Investec Emerging Market Debt 2%
Junior Gold Trust 2%
Junior Oils Trust 2%
BlackRock European Dynamic 2%
BlackRock US opportunities 2%
CF JM Finn Global Opportunities 2%
First State Global Property Securities 2%
Invesco Perpetual Global Smaller Companies 2%
M&G Recovery 2%
Malborough UK Micro Cap 2%
Templeton Global Bond 2%
Marlborough Special Situations 1%
Xcite Energy Limited Ord NPV 1%
Standard Life UK Smaller Companies 1%
GLG Japan Core Alpha 1%
First State Latin America 1%
GLG Technology Equity Fund 1%
Jupiter India 1%
Neptune Russia & Greater Russia 1%
Gulf Keystone Petroleum Com Shs USD 1%
BlackRock Gold & General 1%
Beacon Hill Resources Plc Ord 0.25p 0%

BP plc Ordinary US$0.25 0%

I hope you have a fair bit of skin in the game, because if not then you are looking at having a tiny amount in the funds with 1-2% and it makes me wonder - what's the point?

sunil1234

blinko wrote: »

mate your folio is a bit of a mess if i am not correct i saw 3 different india funds !!!

you need to look at the sectors your overlapping in for me the best india fund is first state as its more diversified but then again they are more or less all within a few % of each other

btw I hope this was a serious question and those shares at the bottom i hope you pick them better than you funds !!!

thanks for the feedback, i take it on board but my rationale is that i am happy with the overall % (i think) in the sector but spread it amongst 2 or 3 funds just to reduce the risk where all money is with one fund manager. Is this a pointless approach?

Lol, BHR is punt money,got in at 14.75p so wait and see. BP was around £3 something.

Cheers

sunil1234

bendix wrote: »

I hope you have a fair bit of skin in the game, because if not then you are looking at having a tiny amount in the funds with 1-2% and it makes me wonder - what's the point?

Hi, thanks for the reply

1% is in the low £'000s, is that too little?

Regards

blinko

theres no point in having exposure to india via 3 different funds the difference will be minimal if any it will be a 2-3% difference between them, if anything it could be costing you more as there could be higher TER/initial/exit costs simpllify your folio and look where you are over lapping in exposure

you dont need 50 funds at 1% to get exposure to one sector one fund will do that,

BP was a good buy at £3 that was always going to bounce back up, will do again once divi's resume i would hold and sell on teh news of divi's being repaid as price will go up as pension funds etc will buy (unless you want income of course)

good luck withBHR im in GCM at 219

but yeah have a proper look at your folio and areas your overlapping