UK Alpha Trust, Legal and General

vaporate

I'm after advice on this investment. Above graph shows the sectors it is invested in.

Source:http://www.legalandgeneral.com/investments/choose-a-fund/actively-managed-funds/uk-alpha/

Risk attitude: Medium

I'm simply after your thoughts and opinions.

I will start investing small amounts, either 500 lump sum or 50 monthly to begin with.

qpop

Are you after advice, or thoughts and opinions?

I'd advise a good look at the factsheet, and at the FE data on Trustnet.

vaporate

Oops I guess I should have included this: (Fund Factsheet Uk alpha Trust)

http://lt.morningstar.com/z6k3gp19vg/snapshotpdf/default.aspx?SecurityToken=F0GBR060Z5]2]1]FOGBR$$ONS_164

And I'm just after thoughts and opinions. Shoot away.

This would be very long term, like I would do with a pension.

competitionscafe

It's 88% invested in UK smaller companies, including Aim stocks:
https://select.bestinvest.co.uk/fund-factsheets/lgukal/legal-general-uk-alpha-r/portfolio

http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-uk-alpha-class-r-accumulation/fund-analysis/in-detail

What other funds do you hold (if any) and how does this fit into your overall asset allocation?

I don't hold it and am not familiar with it but drip feeding would make sense given the volatility.

Jegersmart

Vaporate

This seems to be a fund that achieves what its name suggests. Beyond that, we know nothing about your age, circumstances, existing portfolio, earnings, lifestyle and so on. I would also compare it to MFM Slater Growth, Jupiter UK SS, Franklin Templeton UK Select Growth and M&G Recovery who compete at least in the same sector. Personally I hold at times Marlborough Special Sits.

Good luck!