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Help picking funds

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  • Sillychuckie
    Sillychuckie Posts: 1,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Debt isn't bad...
    Only bad debt is bad. And when the rate on the debt is lower than the rate on return, debt is good.
    Debt is very, very good. (All hail student loans).

    One would hope that returns on these sort of investments would yield more than the rate you might pay on a mortgage. I don't have any true idea of my final term length, but I'd almost certainly only pull money from the investment when time is right to do so (assuming I have that luxury).
    I'll keep more than enough cash reserves for a rainy day, as there are bound to be some.
    I have no plans on investing in anything which has a crazy risk, nor do I plan on ever investing outside of the 4k allowance.
    Now.. back to fund (or investment trust, if I find any I like) picking! :/
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    hi jakesgran sorry to hijack bit could you please tell me how to invest in investment trusts i do invest 250 in shares a month using halifax share dealing can i do it through this


    Yes, ITs are listed on the stockmarket like stocks, so you buy them in the same way.For instance the epics of a couple of property ones are UBR and SLI ( both offshore trusts).
    Trying to keep it simple...;)
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Jake'sGran, the charge is a percentage of what you're purchasing, so the total cost is the same however many you buy. Since you can apparently ignore the minimum amounts by phone as well you're free to select whatever you think the perfect mixture is for your desired level of risk.
  • Sillychuckie
    Sillychuckie Posts: 1,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I still feel less comfortable looking at investment trusts and ETF's, perhaps due to the fact there seem to be more helpful tools selecting unit trusts. So, I'm going to stick to unit trusts for this years 4k.

    My 3rd attempt at a choice is as follows. Comments welcome. Please let me know if this seems suitable to the descriptions of my position so far.

    AEGON STERLING CORPORATE BOND 'A' (£950) (Corp Bond - Accum units)
    ARTEMIS HIGH INCOME (£1000) (UK Other Bond - Income (divs))
    JUPITER INCOME (£950) (UK Eq & Bd Income - Accum units)
    INVESCO Perpetual Income (£400) (Equity Income - Accum units)
    Schroder European Alpha Plus (£400) (Equity Income - Accum units)
    Neptune Global Equity Fund A (£300) (Equity Income - Accum units)

    This gives me a split between Equities, HY Bonds, Q Bonds and Cash of:
    55, 12, 26, 7 %. Still a slightly adventurous portfolio with room for drops but perhaps a slightly better spread. Also, over the long term, a drop here and there I can deal with and afford.
    Geographical wise, its 66% UK, 24% Eur, 4% N.America, a tiny bit in Japan (1%) and the rest in 'OTHER', wherever that is. (Using bestinvest portfolio check).

    Largecaps (54%), Mid (33%), Small (13%).

    Comments please. Do you think that I am closer to the mark?
    Bare in mind, attempt 1 was too risky and attempt 2 was perhaps too careful.
    Fingers crossed this is closer to the mark.

    Thank you everyone.
  • EdInvestor wrote:
    Yes, ITs are listed on the stockmarket like stocks, so you buy them in the same way.For instance the epics of a couple of property ones are UBR and SLI ( both offshore trusts).

    thanks for the advice ill look at that are they the same risk as say penny shares or any share for that matter
    happy days:D
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    They are just another way of holding what are effectively funds. The content of the fund varies as it does for other types of fund and their risk depends on what they are invested in. Their risk is normally going to be lower than individual shares and much lower than penny shares.
  • just out of intrest would you say its better at the moment to invest in sli or sl ord and what would you look at to help you choose .(this is not aloaded question)
    happy days:D
  • agal
    agal Posts: 282 Forumite
    I still feel less comfortable looking at investment trusts and ETF's, perhaps due to the fact there seem to be more helpful tools selecting unit trusts. So, I'm going to stick to unit trusts for this years 4k.

    My 3rd attempt at a choice is as follows. Comments welcome. Please let me know if this seems suitable to the descriptions of my position so far.

    AEGON STERLING CORPORATE BOND 'A' (£950) (Corp Bond - Accum units)
    ARTEMIS HIGH INCOME (£1000) (UK Other Bond - Income (divs))
    JUPITER INCOME (£950) (UK Eq & Bd Income - Accum units)
    INVESCO Perpetual Income (£400) (Equity Income - Accum units)
    Schroder European Alpha Plus (£400) (Equity Income - Accum units)
    Neptune Global Equity Fund A (£300) (Equity Income - Accum units)

    This gives me a split between Equities, HY Bonds, Q Bonds and Cash of:
    55, 12, 26, 7 %. Still a slightly adventurous portfolio with room for drops but perhaps a slightly better spread. Also, over the long term, a drop here and there I can deal with and afford.
    Geographical wise, its 66% UK, 24% Eur, 4% N.America, a tiny bit in Japan (1%) and the rest in 'OTHER', wherever that is. (Using bestinvest portfolio check).

    Largecaps (54%), Mid (33%), Small (13%).

    Comments please. Do you think that I am closer to the mark?
    Bare in mind, attempt 1 was too risky and attempt 2 was perhaps too careful.
    Fingers crossed this is closer to the mark.

    Thank you everyone.

    Wow, that's a hell of a lot of charges (six funds) for a mere £4000 investment
  • dunstonh
    dunstonh Posts: 119,853 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Wow, that's a hell of a lot of charges (six funds) for a mere £4000 investment

    charges? charges are not influenced by the quantity of funds. £100k in 100 funds would cost the same as 1 fund of £100k.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • agal
    agal Posts: 282 Forumite
    dunstonh wrote:
    charges? charges are not influenced by the quantity of funds. £100k in 100 funds would cost the same as 1 fund of £100k.

    I am used to paying a fixed annual management charge rather than a percentage therefore six funds would imply six annual management charges
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