my portfolio - comments

Ash1982

First state emerging market leaders £1,000
Investec Japan £1,000
Aegis European £1,000
JPM Natural Resources £400
GLG Technology £50

Regular saver set up £50 per month each fund

grey_gym_sock

sector-specific funds - like natural resources or technology - scare me. but other ppl will disagree.

wot no USA or UK funds?

Ash1982

GLG technology is weighted to the US. On the UK, not optimistic regarding our long term growth.

srcandas

grey_gym_sock wrote: »

wot no USA or UK funds?

Could be a very wise choice. There is no need to cover the globe and at an early stage of build it is unlikely to make any difference.

Interesting Grey gym sock your comment re sector as opposed to geography. I have often thought that if the funds scope, in either direction is too big it is impossible for the manager to keep on top of every (well lots of) opportunity. But you also need to be on top of legislation and culture which is a bigger issue for the manager of global resources than say Thailand opportunities, so I would second your concern.

I imagine Ash that you are hopefully in for the long haul. I'd not add any more funds but let them build and if one fund proves a dog, which might relate to a change of manager for example, you can always make a straight swap into something else. :beer:

Ash1982

Yeah I started building the portfolio in spring and I'm looking at a five year plus investment. I had a corporate bond fund but recently transfered that to the European fund.

I intend to review quarterly but I'm struggling not too monitor daily at the moment!

grey_gym_sock

well, so your US investments are all in 1 sector.

the UK market does include a lot of international companies most of whose operations aren't in the UK.

srcandas

Ash1982 wrote: »

I intend to review quarterly but I'm struggling not too monitor daily at the moment!

:rotfl: We all do it (well most). It is part of the fun. Nothing like watching those graphs go skywards and if they don't we still smile because we are buying cheap. Enjoy but just don't tinker for the hell of it. :beer:

Ash1982

Thanks grey gym sock. What US and UK funds would you suggest to compliment my portfolio?

Im a bit concerned about diluting it, 5 funds feels right for the level of funds I can allocate (up to £300 per month)

Ash1982

Legg Mason US Smaller Companies Accumulation

cazenove UK smaller companies class b accumulation

Thoughts?

grey_gym_sock

dunno about those specific funds ...

UK smaller companies are more dependent on the UK economy. not saying they're bad, but if you want to avoid the UK economy ...

for mostly bigger, hence more international, UK companies, i'd tend to go for either equity income (which currently tends to be mostly in big companies) - e.g. invesco perpetual - or a tracker fund.

EDIT: but i agree you might have enough different funds for the moment already.

bigfreddiel

Ash1982 wrote: »

First state emerging market leaders £1,000
Investec Japan £1,000
Aegis European £1,000
JPM Natural Resources £400
GLG Technology £50

Regular saver set up £50 per month each fund

whats the reasoning behind your choices?
cheers

fj