Portfolio changes

viola_brandywine

In light of the recent decision by Hargreaves Lansdown to introduce a monthly charge for holding HSBC trackers, I have decided to do some fund switching and rebalancing. I last posted a thread about this in June and have since (mostly) pressed on with what I intended to do then. The original thread is here:

https://forums.moneysavingexpert.com/discussion/3313912

Current holdings are (with approximate % holdings, all acc units)
HSBC FTSE All-share 40%
HSBC US Tracker 15%
HSBC Pacific Tracker 10%
HSBC Europe Tracker 10%
L&G Global Emerging markets 7.5%
HSBC Japan Index 5%
JPM Natural Resources 5%
L&G Global Technology Index 7.5%

My new plan is as follows (all acc units):

Invesco Perpetual High Income 35%
AXA Framlington UK Smaller Companies 15%
M&G Strategic Corporate Bond 5%
Invesco Perpetual US Equity 7.5%
Invesco Perpetual European High Income 7.5%
First State Asia Pacific Leaders 7.5%
Invesco Perpetual Japan 5%
Aberdeen Emerging Markets 7.5%
JPM Natural Resources 5%
AXA Framlington Global Technology 5%

I have decided to spread the UK focused investments around a bit more, but as these funds also have some exposure to Europe/US I have reduced the specific funds. To be honest, I am not sure about the Europe and US choices as nothing particularly caught my eye.

The reason for the JPM Natural resources is that in my sharebuilder I have no exposure to mining shares (have approx £250 each in AV. BT.A, CLLN, CNA, GXN, HSBA, ISAT, LAND, LLOY, MKS, REX, RBS, RDSB, SBRY, VOD). The technology is because I work in the industry and am interested in it.

I still have a fairly small holding but am drip feeding with regular investments. My mortgage will be paid off by the middle of next year when I plan to increase the drip feeds.

Opinions/criticisms much appreciated.