Review of Funds in Portfolio - Help

Harry_T

Hello all,

I've usually only read these boards but thought I would sign up and get some opinions on my current portfolio whilst i'm taking a look on this bank holiday weekend.

Look forward to hearing your opinions on it and any help you can offer as i'm reviewing it.

Current Portfolio - Started around April last year. I've no short term needs, cash ISA maxed out, savings done etc etc. I'm happy to take slightly more of a risk than others - I mainly use cash from share profits to fund this portfolio.


Artemis Global Energy Accumlation - 5k. (Only just started this one so 0% up/down).
Fidelity China Special Situations - 5k (Up 10%)
Jupiter Merlin Balanced Portfolio Accumulation - 2k (Up 12%)
M&G Optimal Income Class X Accumulation - 2k (Up 10%).
Newton Global Higher Income - 2k (Up 10%)

Those are all funds except Fidelity China was is an IT. I'm quite happy with the performance of them all at the moment but i'm looking to add some extra funds rather than topping these up and wanted some opinions.

I like some funds mainly due to the managers.

CF Ruffer European Fund O Accumulation. I like how they have ridden out a lot of the problems we have seen.

RIT Capital Partners Ordinary - Again I like the owners of this. It just seems to grow and grow. It is at a premium to the NAV but just looks great. As it is not a fund it has a lot of dealing fees associated so a bit tricky this one.

Lindsell Train - I notice they have a new one - Global Equity Accumulation - But seems to be expensive - 2.3% TER? Their existing UK Equity Accumulation seems less so.

I'd like to add the Ruffer and Lindsell Train Funds but just wondered what people thought about the balance to it all after this? It would be about 2k in each fund.

Many thanks - look forward to hearing from you all and joining in any discussion that follows.

Harry.

Harry_T

Sorry to bump this one up.
Just wondered if anyone had any thoughts on the funds mentioned?

Many thanks.
H.

EdGasket

The thing I don't like about any fund is the charges. Most funds charge at least 1% of market value per annum whether the fund has gained or not and many charge significantly more. What do you get for that charge? Usually performance worse than the market as a whole. If you want to stick with funds, why not try some ETF's such as iShares or DB XTracker funds? The annual charges are extremely low (0.25% on many) but you do have to buy and sell as per a share and hence pay a dealing fee but there is no stamp duty. The upside of this is that you know exactly what price you will be dealing at.
Alternatively what about high yielding shares such as IPT (ISIS Property Trust) which yields 8.2% with solid asset backing and rental income?