Portfolio sanity check, please

saveonarola

@gadgetmind

I've just spoken to Bestinvest. The fund search tool within the Select section shows which funds can be held directly through Bestinvest's Select platform. The fund information within that section shows whether the fund can be held in an ISA, SIPP or in the regular Investment Account. The other search tool, under Investment Research, is for all funds, funds not available on Select being available direct from the fund managers using Bestinvest as a broker.

The BlackRock property tracker, therefore, is not available through Select, but is available direct from BlackRock, using Bestinvest as broker (they will discount initial charge). However, as I've previously posted, this means that you cannot hold it in an ISA and subscribe to a Select ISA in the same tax year. I'm still waiting to hear whether they can offer it on Select and I'll post the result on this thread. But it looks as though you're steering away from property now anyway!

gadgetmind

saveonarola wrote: »

I'm still waiting to hear whether they can offer it on Select and I'll post the result on this thread.

Please do.

But it looks as though you're steering away from property now anyway!

I still may trim some other holdings and go for some property. I now notice that Bestinvest list the IWDP ETF, which I think tracks the developed property index as does that Blackrock fund.

http://uk.ishares.com/funds/IWDP/performance

Lower TER of 0.59%

Wish I'd spotted that earlier as it was mentioned a lot in the "Fund Managers" thread. I think it's because I'm still a little cautious regards ETFs.

saveonarola

gadgetmind wrote: »

I still may trim some other holdings and go for some property. I now notice that Bestinvest list the IWDP ETF, which I think tracks the developed property index as does that Blackrock fund.

Actually, IWDP tracks the Developed Dividend+ index (companies that project a dividend of 2% or more for the following year), so perhaps slightly higher risk and slightly higher potential reward. The HSBC FTSE EPRA/NAREIT Developed ETF tracks the same index as the BlackRock fund, for a TER of 0.4%. It's very new and pretty small, if I remember rightly, so no track record and potentially larger spreads. There's more about these in the comments of that Monevator thread I've linked to before:

http://monevator.com/2010/10/19/9-lazy-portfolios-for-uk-passive-investors-2010/comment-page-1/#comments

gadgetmind

saveonarola wrote: »

There's more about these in the comments of that Monevator thread I've linked to before:

I'd seen that article before, and read some comments, but had never managed to get all the way down. Thanks.

I might skip property for now!