Best funds for long-term growth

Totton

Invesco Perpetual Income/High Income - but this is significantly invested in tobacco and I'm not keen on that for ethical reasons

Good fund that perhaps is coming out of a poor patch. Take a look at the latest White List though if in the market for a UK Equity Income fund. I'd go for the Threadneedle or Troy funds.
Link to the White List

M&G Global Basics - seems like a good long-term bet, but probably some overlap with the Aberdeen?

I have this one, volatile but fun to watch :-)

M&G Global Dividend - might be better long-term than the basics fund, with the dividend payouts adding to the holding?

No idea about this one, I prefer Newton Asian Income and Newton Global Higher Income for my current overseas income picks.

Newton Real Return - would be a great core holding with a wide variety of asset classes but it seems that HL don't do accumulation units for this fund

Not for me, I prefer Troy Trojan for this purpose.

Fidelity Special Situations - has crashed a bit lately and generally underperformed for the last year or so, which mught make it a good time to buy, but it is very heavily in the UK (about 90%)

Nope not for me, take a look at the Shah interview on Hargreaves Lansdown and ask if you are inspired by this fund just now. It may come good though.

JPM Natural Resources - has also dropped a lot lately so may be a good time to buy that too

I like this fund a lot but haven't bought it as I have enough volatility with the M&G Global Basics fund and others. I like the manager of this fund as he comes across very well when interviewed and the fund stats do stack up nicely.

Best Wishes,
Mickey

Jegersmart

Eponym wrote: »

I am very much a newbie in all of this, so I'm not sure what you mean by 'fundamental investment remit'. Could you explain please? Thanks!

Apologies:)

What I mean to say is that this fund is investing large cap (big companies) value shares (i.e. shares that pay a good divi) instead of looking for growth companies. Check out the holdings such as Voda, Roche etc - these are not growth shares per se - although they may grow of course!

I only pointed this out because you said you were going for growth:) It doesn't mean though that this funds in some percentage doesn't have a place in your portfolio.....your choice!:)

moneylover

Totton wrote: »

Good fund that perhaps is coming out of a poor patch. Take a look at the latest White List though if in the market for a UK Equity Income fund. I'd go for the Threadneedle or Troy funds.
Link to the White List

I have never heard of this list before. Do they do an equivalent for growth funds UK or otherwise? I can't see one. Thanks

talexuser

moneylover wrote: »

Do they do an equivalent for growth funds UK or otherwise?

They have a philosophy of income funds with income reinvested outperforming a lot of other stuff with relatively less risk, so only concentrate on these for their mail shots.

It's a useful list to compare with others but personally after many years of PEPs and ISAs I very much doubt you can CONSISTENTLY find 10 funds that justify their fees by outperforming a low cost index tracker.

Eponym

I went with M&G Global Basics for my lump sum and a monthly payment to the Aberdeen. Thank you all for your help!

gadgetmind

Eponym wrote: »

I went with M&G Global Basics for my lump sum and a monthly payment to the Aberdeen. Thank you all for your help!

I suspect you're going to do rather well from this as long as you're patient and don't freak if it all drops from time to time. Fingers crossed!

darkvader

The ones you have listed are good for long term and if you research some more you can very easily have an all over global portfolio. For example only, I am currently re-evaluating and rebuilding my long term picks and these will be from the below strong performers over 5 years

1. M&G Global Basics
2. JPM Emerging Markets
3. Threadneedle Latin America
4. First State Asia Pacific Leaders
5. Blackrock European Dynamic
6. Schroder US MidCap
7. Blackrock Gold & General
8. GLG Global Corporate Bond Fund A Acc
9. M&G Optimal Income Fund A Acc
10. INVESCO PERPETUAL Global Smaller Cos Inc

Have a few more I'd like to get my hands on but dont think that will help. I am still not convinced of emerging European/African countries nor highly concentrated funds across UK/Japan etc but with 1 or 2 Emerging Market Funds those areas will be covered.

DV

gadgetmind

darkvader wrote: »

7. Blackrock Gold & General

I sold this down a few weeks ago as it was too volatile for me and the gold miners had failed to show good performance even during a gold boom.

8. GLG Global Corporate Bond Fund A Acc

Whew, I thought we were going to be bondless! BTW, can you do an analysis of this lot to see the asset/territory spread?

I am still not convinced of emerging European/African countries nor highly concentrated funds across UK/Japan etc but with 1 or 2 Emerging Market Funds those areas will be covered.

I'm heavy on EM but light on UK and Japan. My exposure to the latter is via Ruffer, so it is at least high quality exposure!

ian_w_4

As a fund newbie its reassuring to see a few of my choices mentioned!

I went for:

Aberdeen Emerging Markets
Fidelity South East Asia
M&G Global Dividend
Standard Life UK Smaller Companies
Scot Widows UK Small Companies (couldnt decide between SL or SW so split it! Probably not the most sensible move but it was day 1!)

M&G Optimal Income
GLG Global Corporate Bond
(last two were recent switches after deciding the rest were maybe a touch on the volatile side on their own)

Gives a bit of a spread around Emerging markets, Asia, USA and UK. Might be a bit heavy on the UK, any suggestions most welcome! (each fund has a similar amount in, give or take 10%)

Doshwaster

gadgetmind wrote: »

I sold this down a few weeks ago as it was too volatile for me and the gold miners had failed to show good performance even during a gold boom.

I know there has been a lot of criticism of the Blackrock Gold & General, but it has been a pretty safe haven over the last few weeks. While most of my funds are down 10%, this one has been virtually unchanged.