Which funds do you invest in?

cashbackproblems

Hi

I know this has been discussed on here before, but i am ready to invest into 2-3 funds to start with into the HL ISA and just want some ideas on the names of funds people are into.

I realise it depends on your aim i.e. income v growth, time scale and risk profile etc however just want general ideas which i will go away and research.

Many thanks!

Loughton_Monkey

https://forums.moneysavingexpert.com/discussion/2776504=

cashbackproblems

thanks, just looking for some actual fund ideas.

I created tht post and didnt get time to do further research but reading through it now.

WaltD

If you have opened an account with H-L and you are unsure what funds to invest in, you could do worse than take a look at their own "Multi-Manager Funds". These are managed "funds of funds" and they have at least one of these in each of the popular investment sectors. Look on the H-L web site for "Fund Research and Discounts" and select Hargreaves Lansdown in the "By Company" index.

For someone who doesn't want to be constantly reviewing their portfolio, this is a way of having it done for you. The performance of the H-L Multi-Manager funds is about average, measured against their relative benchmarks. Not outstanding ... but at the moment they are certainly not losing money.

Good luck!
:beer:

LongTermLurker

But you pay a premium for MM funds - i.e. they are expensive. They also don't look overly great. If the amount you're investing is very small, they can be an easy way to get instant diversity, but otherwise I'd suggest £50/month (or more) split across a range of self chosen funds.

@ OP: I'm going to back off posting my funds, because as you've said, their relevence deopends entirely on my goals and beliefs. As I'm no expert, they could be totally the wrong unds for both you and me - so as well as avoiding a slating myself , I wouldn't want to think you were going to pick a fund just because 10 people on here have it in their portfolio.

Suffice to say, I think I'm well diversified and have significant holdings in UK, Europe, BRIC, other emerging markets, some commodities, some US, my house and a cash ISA. Some funds are income (reinvested) and some are growth. I also have one multi manager fund, but not HL.

Many would disagree, but I think HL's Wealth 150 list is a good place to start if, like me, you have limited time & inclination to spend on research. The more time you have, the more likely you are to pick the best performers, but I'm happy enough with "well above average".

Jake'sGran

WaltD wrote: »

If you have opened an account with H-L and you are unsure what funds to invest in, you could do worse than take a look at their own "Multi-Manager Funds". These are managed "funds of funds" and they have at least one of these in each of the popular investment sectors. Look on the H-L web site for "Fund Research and Discounts" and select Hargreaves Lansdown in the "By Company" index.

For someone who doesn't want to be constantly reviewing their portfolio, this is a way of having it done for you. The performance of the H-L Multi-Manager funds is about average, measured against their relative benchmarks. Not outstanding ... but at the moment they are certainly not losing money.

Good luck!
:beer:

They send emails or letters to me every week or so and I find it annoying. The email they sent yesterday was about the MM Income Fund but I thought it was irrelevant as I don't have the MM fund just two of the funds listed in it (Invesco) and I sold the Jupiter one as it near the bottom of the list of similar funds on Trustnet.

QUOTE
Top 10 holdings at the start of November
Artemis Income21.9%JO Hambro UK Equity Income13.1%PSigma Income12.8%Threadneedle UK Equity Alpha Income11.4%Invesco Perpetual High Income10.5%Invesco Perpetual Income10.4%Jupiter Income6.7%CF Walker Crips UK Equity Income5.0%First State Global Asian Equity5.0%Old Mutual UK Select Smaller Companies (Dublin)1.4%
This trust is a favourite core UK holding with our clients, and it’s also one of the most popular holdings with staff at Hargreaves Lansdown. To find out why, more about the fund’s strategy, and watch an exclusive interview with the trust’s co-manager Lee Gardhouse, please visit our website. END QUOTE

China and Asia are two areas I have been investing in although they are regarded as risky. The Asia one has gained £1k since summer '09.

sabretoothtigger

http://www.youtube.com/watch?v=bui-CIcUJSM

Totton

As you say it does depend on attitude to risk and purpose of investing. I would suggest to start off you could go for Troy Trojan as a core holding and mix that with perhaps Artemis Strategic Assets and for your third fund a small amount in First State Emerging Mkts or First State Asia Pacific.

None of these will necessarily be the table topping funds of their sectors but each has a first-class manager imho.

If with HL then you would get Troy Trojan I Inc but note that this has a higher TER than their 'O' version (available direct but at a 5% initial fee) and it pays no trailback commission (would you miss the usual 0.15% of other funds?)

HTH,
Mickey

talexuser

I'm amazed they still have Jupiter Income in there. I dropped it a year ago, it has been a dog compared to its peers lately.

Mikeyorks

LongTermLurker wrote: »

Many would disagree, but I think HL's Wealth 150 list is a good place to start if, like me, you have limited time & inclination to spend on research. .

Initially I was never impressed. But now find a considerable number of entries on my portfolios have the 'yellow Wealth 150 star'. So I'm suddenly a bit puzzled if I've inadvertently moved in their direction (as I rarely look at the list) ............... or if they're following me and my (fund chooser) hatpin!

talexuser

I'm by no means an expert, but I find it hard to believe you can find 150 funds that consistently beat their respective indexes with relatively low risk!

Looking at UK Equity Income or /and Bond there are only a handful of funds that are worth paying charges for long term that actually beat an index tracker to take one example of a limited sector where I have some investments.

If the criteria is high risk then it's not much different from gambling and guesswork anyway