How many Funds?

ricky.patel89

Hey,

I'm just about to begin investing in Funds through H&L, I was wondering how do you guys go about investing? I mean do you do it all within your S&S ISA or use their Fund Account.

I'm taking the route of using my S&S allowance, but I've already used up £5100 for my Cash ISA, and investing £5100 doesn't seem to be much, probably about 5 funds.

Linton

All through £10K S&S ISAs - I dont bother with cash ISAs.

If you are only going to be investing £5000/yr I would suggest you only buy a couple of funds a year and build up your balanced & diversified portfolio over time. It makes it easier to focus on the important requirements. Making a sensible choice of 5 is IMHO a lot more difficult.

Newbie2saving

Last year I chose 3 funds through the H-L S&S Vantage ISA (one being a tracker to see how passive and active investing compare as a newbie over time). I'm really happy with their online system and also when I've had a problem (due to my misunderstandings), I've had very good customer service over the phone. I'm in the process of deciding which others to add this year, I want another 3.

blinko

did you ever chose any funds ?

ricky.patel89

Yeah,

First State Indian Subcontinent A GBP Acc
Henderson Global Technology A Net Acc
Invesco Perpetual High Income Inc
JPM Natural Resources A Acc
Standard Life Inv UK Smaller Companies Ret Acc

Mikeyorks

ricky.patel89 wrote: »

I'm taking the route of using my S&S allowance, but I've already used up £5100 for my Cash ISA, and investing £5100 doesn't seem to be much, probably about 5 funds.

Depends what balance you want between cash and investments? You can transfer your cash ISA into HL S&S ISA if you want to boost the investment side?

I use both their S&S ISA and their Funds account ....... but 'bed and ISA' towards the year end to maximise the ISA value. Haven't put anything into cash for a couple of years in view of the poor interest rates. But the cash ISAs I do hold will remain that way as it helps balance what I feel I need to keep in cash.

sabretoothtigger

ricky.patel89 wrote: »

First State Indian Subcontinent A GBP Acc
Henderson Global Technology A Net Acc

Ive owned similar to those two. Specialised in theory risky sectors but could be good


I have just lg tech tracker. Ive mapped the top 10 companies. On friday it went up 1.5% and I was wondering why. Turns out oracle had a very good day at +8% Lucky as Ive no clue about them


tech chart top 10


Heres the 5 day chart for global tech (by market size, apple is biggest)

A years worth, big variation poor cisco its down 90% compared to apples gain

^^ Thats quite interesting that your Henderson fund largest holdings [STRIKE]are [/STRIKE] were apple and cisco. I do think cisco is a good prospect, Ive not read different anyhow maybe I will switch to your fund



I had hsbc gif india, switched to a diverse Aberdeen asia fund, 30 years old



Largest tech globally by market capital

Top 10 holdings

Apple	10.67%
Microsoft Corp.	8.13%
International Business Machines Corp.	6.61%
Oracle Corp.	5.07%
Google Inc. Cl A	4.94%
Intel Corp.	4.43%
Cisco Systems	3.98%
Samsung Electronics Co.	3.92%
Hewlett-Packard Co.	3.59%
Qualcomm	2.85%

jamesd

If you buy a fund directly the minimum at HL is £1,000. If you sell some of one fund and use the proceeds to buy another fund the minimum is lower, I stop at about £50 as my own lowest, don't know the actual limit. Once you have the fund you can add directly starting at £250. Or you can buy some other fund and sell some of it later to put in less than £250.

S&S ISA is first choice because it saves you both the CGT possibility and the hassle of reporting all of your trades to HMRC if you sell more than four times the CGT allowance worth in a single year. You have to do that even if your capital gain or loss didn't exceed the CGT allowance.

mike88

IP High Income is a good core holding in any Portfolio; I've held it for nearly 20 years turning around £5000 into £40000 which for a lowish risk unspectacular fund is pretty good. I know others have performed better but I'm happy. But it seems strange to me at least that you chose to buy the Income Units of this fund. Why not Accumulation units? Just curious.