Which Funds?

ricky.patel89

Is my time frame too short I could go longer say 20 to 25 years, I won't ever be needing this money.

jimjames

If this is your first investment in Stocks & Shares ISA then my advice to you would be to start with a tracker like the HSBC FTSE 100 or FTSE 250. These have exceptionally low charges of under 0.3% pa so your savings are off to a good start compared to funds that charge over 1.5%. It might not seem much difference but 1.2% every year makes a massive difference to long term returns. Mine are held in the HL Vantage ISA.

Once you have a core holding of funds then I would look to more adventurous markets. All above assumes you have cash reserve available to cover 3-6 months bills.

I started off down this route and also built up investment trust holdings via their savings schemes. Very low charges and easy to stop & start payments from £50 pm.

ricky.patel89

What would you consider to be a core holding of funds?

blinko

ricky.patel89 wrote: »

Is my time frame too short I could go longer say 20 to 25 years, I won't ever be needing this money.

5 years min until you become experienced

ricky.patel89

Could you give me a 5 funds which can form the core of my portfolio please?

blinko

rickuy do you want income or growth

jimjames

ricky.patel89 wrote: »

Could you give me a 5 funds which can form the core of my portfolio please?

I have the following

HSBC FTSE 100 Tracker
HSBC FTSE 250 Tracker
HSBC Pacific Tracker (see the theme!!)
HSBC US Tracker
HSBC European Tracker

Very few funds consistently beat trackers over the long term especially when charges are included. So my theory is that you might as well use trackers to at least match the market minus charges.

Non trackers but core UK holdings

Artemis Income
Invesco Perpetual Income

For more adventurous funds

Aberdeen Emerging Markets
AXA Framlington Health
New Star Technology

Not recommendations but they're some of my holdings

blinko

mate surely there has to be a better fund than health !

jimjames

blinko wrote: »

mate surely there has to be a better fund than health !

maybe! pharma is very undervalued at moment imho though, fund has done well for me over last 15 years. I'm long term buy & hold

blinko

jimjames wrote: »

maybe! pharma is very undervalued at moment imho though, fund has done well for me over last 15 years. I'm long term buy & hold

no its finem but you seem like a smart chap im sure if you put your mind to it....

good luck anyway its all going ok at the moment

this is a BIG WEEK 177 BIG COMPANIES REPORt results

lets see how we do,