Cant decide any ideas

daniel80

Hi below is my portfolio,as you can see I have several emerging markets,as well as global income. At the moment I am paying £300 per month into the m&g global dividend. The question is do you think this is a good idea to have several funds in the same sector, was just wondering if you think its cost efective {charges etc}. I know I am spreading the risk more but I think the income funds are quite similar. The value is about 66k. I would be very interested in your views or advice. All holdings with HL

Aberdeen Emerging Markets Class A 15.7%
National Grid 14.9%
Franklin Templeton Franklin UK Mid Cap Class A 10.5%
Standard Life Investments UK Smaller Companies Class R 9.6%
Aberdeen Asia Pacific Class A 8.7%
First State Global Emerging Markets Leaders Class A 8.1%
Newton Global Higher Income Sterling Shares 8.0%
AXA Framlington UK Select Opportunities Class R 7.6%
Invesco Perpetual Income 7.5%
M&G Global Dividend Class X 4.7%
Troy Trojan Class I 3.8%
Petroceltic International 0.5%
Desire Petroleum 0.2%
99.8%

grey_gym_sock

the costs of funds themselves are usually all percentages, so it's no more expensive to own several funds.

some platforms will charge you more for holding more funds, though. or a few charge for dealing in funds, hence more for dealing in more funds. so it depends on your platform.

my other advice is to show your holdings on separate lines. it's all 1 unreadable paragraph at the moment.

Lokolo

Aberdeen Emerging Markets Class A 15.7%
National Grid 14.9%
Franklin Templeton Franklin UK Mid Cap Class A 10.5%
Standard Life Investments UK Smaller Companies Class R 9.6%
Aberdeen Asia Pacific Class A 8.7%
First State Global Emerging Markets Leaders Class A 8.1%
Newton Global Higher Income Sterling Shares 8.0%
AXA Framlington UK Select Opportunities Class R 7.6%
Invesco Perpetual Income 7.5%
M&G Global Dividend Class X 4.7%
Troy Trojan Class I 3.8%
Petroceltic International 0.5%
Desire Petroleum 0.2%
99.8%

There you go. Although there are rounding errors.

daniel80

Thank you lokolo, new laptop for Christmas and cant get the settings right. There you go worked first time off your list.

daniel80

grey gym sock, surely the more funds you hold the more expensive in fees it is. Or are you saying its worked out on the percentage value of the portfolio. Sorry if this sounds silly.

dtsazza

daniel80 wrote: »

grey gym sock, surely the more funds you hold the more expensive in fees it is. Or are you saying its worked out on the percentage value of the portfolio. Sorry if this sounds silly.

The fees are usually worked out as a percentage of your holdings in that fund.

So if you held £5,000 worth of one fund with a 1.5% Annual Management Charge, you would pay £75 a year in fees. If you held £1,000 in five different funds which all charged 1.5% AMC, you'd pay £15 per fund, or £75 a year in total.

Under a percentage-based charging scheme, it doesn't make a difference how your funds are allocated - it's the same total fee whether it's one large holding or multiple smaller ones that add up to the same amount. (Assuming that the AMCs are all the same, of course.)

brasso

You might get a better response if you post this sort of question on the Motley Fool.

All of us here are interested in finance but only a small proportion are seriously savvy investors (and I don't include myself in that group), whereas a place like MF has a lot of heavy hitters who will happily bore the pants off you with their analysis. (Said with some affection.)

daniel80

Thanks for your feedback guys much appreciated.