£4k in HL SIPP - Where should I invest it?

ozzage

You could do worse than either the Vanguard 60% or 80% Lifestrategy fund, or something like the Jupiter Merlin Income Portfolio (or one of its stable-mates if you prefer).

Either of those would give you a single-fund, "fire and forget" set-up, which should look after itself OK with just occasional monitoring to make sure nothing is going horribly wrong.

I hold both of the above in various places. For beginners who aren't likely to keep an eye on things I would probably go with the Jupiter fund as the active management should stop it getting too deeply into trouble. It has no platform fee and, despite the high charges, has a fantastic track record going back years.

If you want to get more sophisticated, then there are a million ideas and it's hard to outline them succinctly in a post.

Any

brasso wrote: »

Dare to do some proper research!

If you ask a question like this, you'll get only the odd arbitrary drive-past opinion.

HL are fine for your needs, but I would start your research there. They have a load of information.

I think asking question like that is a part of research, no??
It points one in some direction where to look. One websites opinion is just that - one opinion. But here is lot of people with different views.

Lot of people like the "fire&forget" set up mentioned, and as long as one is happy knowing the opinions they are going to get are just that, opinions of some strangers, then it is fine.

Any

dunstonh wrote: »

With such a small amount, she almost certainly should have gone elsewhere. However, as long as she knows that, its her choice.

Is it just because of the monthly charges on most trackers? Or are there other reasons too?

ozzage

If you interesting in looking at building an active fund portfolio, here are some other fund choices I like. You would need to research them to see how they might fit into what you are looking for and if they are suitable for you, but sometimes it's easier to get started with a smaller list.

M&G Optimal Income
Newton Global Higher Income
Aberdeen Emerging Markets
First State Global Emerging Mkt Leaders
CF Miton Special Situations Portfolio
Troy Trojan Fund

Jegersmart

ozzage wrote: »

If you interesting in looking at building an active fund portfolio, here are some other fund choices I like. You would need to research them to see how they might fit into what you are looking for and if they are suitable for you, but sometimes it's easier to get started with a smaller list.

M&G Optimal Income
Newton Global Higher Income
Aberdeen Emerging Markets
First State Global Emerging Mkt Leaders
CF Miton Special Situations Portfolio
Troy Trojan Fund

These are all ones that I have held or holding now and provide a fair balance in terms of geography and asset class for someone who doesn't mind a bit of volatility. They are also good quality funds and managers (imho) for someone who is not interested in making decisions for themselves in terms of what to invest in.

J

p.s. there is no "loss" until positions are closed. "loss" should not be confused with volatility and quite frankly I am appalled that an IFA (or claiming to be IFA) either doesn't know the difference, or uses the word "loss" to get get a point across in sensationalist fashion....poor show imho.

dunstonh

p.s. there is no "loss" until positions are closed. "loss" should not be confused with volatility and quite frankly I am appalled that an IFA (or claiming to be IFA) either doesn't know the difference, or uses the word "loss" to get get a point across in sensationalist fashion....poor show imho.

inexperienced investors understand loss better than volatility in descriptions. It someone gets their 6 month statement and sees the value has dropped 30% when they were not expecting that as being possible then they is a strong chance they will sell the investment at that point.

I'm sorry that you prefer to confuse things for people. However, I make no apology for using language that people are more likely to understand.

grey_gym_sock

surely it is a loss when it's down 30% - it's worth what you can sell it for ... otherwise, i could buy something i consider undervalued, and call it an instant 50% profit, because i think it should go up 50%.

a loss for tax purposes is a different concept from a loss - in that it doesn't exist until you sell.

Alan53

Ozzage's funds look a good mix. I might be tempted to add eith smith and williamson gold or blackrock gold and general. I believe that both those funds have taken quite a knock but believe it bought now at todays prices you could be looking back at quite a return five years from now.

Others will disagree but i'm buying them now as believe other sectors/areas a lot pricier.

kidmugsy

brasso wrote: »

Dare to do some proper research!

Up to a point, but what you really want to know about is the future, which is intrinsically unknowable. Research into costs is good though: most funds seem to me to charge such high annual costs as to make them deeply unappealing.

Anyway, don't buy sovereign bonds of the advanced countries - my crystal ball says they are going to give a lousy return.