Best funds for long-term growth

gadgetmind

My Troy Trojan has gone up nicely over the last few months, which is probably down to all the gold they are hoarding.

darkvader

Sorry for being so late on the reply as been caught up with not much time to complete my portfolio rejig. Now that its done, this is how it will look at the end of FY 11/12

Thanks to previous members advising use of the portfolio tool on trustnet.

1. Blackrock Gold & General - 7%
2. Fidelity Latin America Fund - 6.8%
3. GLC Global Corporate Bond - 10%
4. First State Global Emerging Markets - 7%
5. Invesco Global Smaller Companies - 6.8%
6. JPM Natural Resources - 7%
7. First State Asia Pacific Leaders - 14%
8. M&G Global Basics - 9%
9. Blackrock European Dynamic - 6%
10. Invesco Perpetual Monthly Income - 6.8%

The above coupled with a few funds I had previously invested in breaks it down to 70% Equities, 15% Commodities and 15% Fixed Interest.
This does not include my cash investments (ISAs, regular savers, liquid cash), which if I do, equates to about 40% of my overall portfolio. The funds cover every geography with focus on Emerging Markets and Asia

DV

moneylover

gadgetmind wrote: »

My Troy Trojan has gone up nicely over the last few months, which is probably down to all the gold they are hoarding.

I know that Troy Troja is 'shut' but you can still get in thru H-L I discovered through posts here. I believe you pay an extra .5% I am not sure whether it was always thus.

Is it worth investing at its current rate? Its so often mentioned in newspapers etc and then they go on to say its shut to new investors!

gadgetmind

moneylover wrote: »

I know that Troy Troja is 'shut' but you can still get in thru H-L I discovered through posts here. I believe you pay an extra .5% I am not sure whether it was always thus.

There is a unit creation/disposal charge for the UT version, so it's definitely a LTBH fund. Bid/offer spreads mean the same is true of the Personal Assets Investment Trust version.

Is it worth investing at its current rate? Its so often mentioned in newspapers etc and then they go on to say its shut to new investors!

When I bought into it, the papers were busy banging on about EM funds and weren't mentioning funds like Troy, Ruffer and CF Miton, but now they talk about little else.

I still prefer ITs, and Personal Assets is flying high, but RIT and Ruffer have dropped about 5% lately partly due to widening discounts. However, my cash is rolling into FTSE high yielders and also EM/BRIC now that prices aren't as frothy.

moneylover

gadgetmind wrote: »

There is a unit creation/disposal charge for the UT version, so it's definitely a LTBH fund. Bid/offer spreads mean the same is true of the Personal Assets Investment Trust version.

.

LTBH - sorry dont know what this means? Thank you!
Is the Personal Assets Investment Trust version more or less a mirror image of the fund? I know its the same manager. Is it a good time to invest in it or is it doing too well from the point of view of a buyer at the moment!
Agree about high yielders for money at the moment

gadgetmind

moneylover wrote: »

LTBH - sorry dont know what this means? Thank you!

Sorry, Long Term Buy & Hold.

Is the Personal Assets Investment Trust version more or less a mirror image of the fund?

Yes, it seems to be.

Is it a good time to invest in it or is it doing too well from the point of view of a buyer at the moment!

It has a capital preservation mandate and is also a little heavy on gold at the moment. Growth lies elsewhere.

Agree about high yielders for money at the moment

So do most of the high income UTs and ITs. For growth I'm still backing emerging markets. These and commodities seem to be roughly back where they were at the start of the year though my holdings were acquired at various times and I haven't checked back in detail.

riskyb

However, my cash is rolling into FTSE high yielders and also EM/BRIC now that prices aren't as frothy.[/QUOTE]

gadgetmind
What EM funds are you investing in?
are you investing in these via a monthly drip feed or various lump sum investments as the prices fluctuate?


And I dont know much about individual ftse share but what top 3 ftse high yielders are you investing? MY FIL (nearing retirement) seems to favour Vod, BG, Centrica and GSK.

gadgetmind

riskyb wrote: »

What EM funds are you investing in?
are you investing in these via a monthly drip feed or various lump sum investments as the prices fluctuate?

I don't hold many funds, mainly ITs. My EM funds are Aberdeen Asia Pacific, First State Asian Pacific, First State Global Emerging Mkt Leaders, and First State Greater China.

And I dont know much about individual ftse share but what top 3 ftse high yielders are you investing? MY FIL (nearing retirement) seems to favour Vod, BG, Centrica and GSK.

Currently, my dividend income shares are AZN, AV, GSK, SSE, VOD, BBY, BA, SBRY, RDSB, AML, CNA, REL, ULVR and DGE. The lack of fags is due to my wife's views on the subject.

I also hold some tech shares for growth, which are giving me capital gains issues of a mixed blessing kind, some banking shares as a total flutter, and some banking prefs. After that, it's capital preservation ITs, growth ITs, and some funds that were bought back when I was even more of a beginner than I am now.

Eponym

I am bumping my old thread with a related question.

I have invested as posted above (lump sum into M&G Global Basics, £50pm into Aberdeen Emerging Markets). My ISA currently looks like this:

Aberdeen Emerging Markets - £570.89 (total invested £550)
M&G Global Basics - £974.51 (total invested £1000)

My initial plan was to continue to build the EM at £50pm until it reached £1000 then start paying into a new fund. I hadn't yet decied which sector.

However, lately I have been thinking that it might be wise to build up a small investment in Europe as it seems likely to rise over the long-term.

I believe - correct me if I am wrong - that I can halt my monthly investments into Aberdeen (I'm with HL) and as long as I start paying into it again within 12 months I will still be allowed to do that. I'm obviously slightly concerned as I obviously really like the Aberdeen fund and now that it has soft-closed, I don't want to find that if I stop paying in, I can't start again!

I have done a little research into European funds and have identified two I like. These are Threadneedle European Select and Henderson European Special Situtations.

Both have the same annual charge. HL's annual saving on the Threadneedle is 0.15% versus 0.10% on the Henderson, but Henderson has an average yield of over 3% (Threadneedle is 0.7%) so I think, all other things being equal - which of course they're not - that has a better chance of providing me with long-term growth.

Any thoughts would be welcomed!

Credit-Crunched

I am at a cross roads too, I have bailed UK and Europe equities last 2 years and avoided some big losses, I am unsure as to buy into Europe or not.

What are peoples thoughts on single currency, I pretty much think it is odds on to stay, which would indicate potential for longer term Europe recovery in equities which would place current prices as good buy opportunities?

What are people’s thoughts, also I am looking at UK smaller company funds to diversify my Asia / S. America and commodity heavy portfolio.