Invesco perpetual high income

sabretoothtigger

The index linked account is due to come out soon

Dont they always offer to renew it if you want. Ditch some of the premium stuff if you want to alter things

never dipped into the stocks and shares or investing side because all I have heard is about risk risk risk and you could lose all your money

you will lose money on premium bonds too. Not in the capital face value but badly on the returns and in purchasing power, for short term I guess thats ok but not otherwise

UK Equity

this fund might be uk listed share holder but the companies are global I think so I would say its not uk tracker but more sector based themes like Health care which some believe is a big factor in Asia

I bought this in 2009 and sold too early. I bought again recently as his ideas and theme of cashflow positive business is viable, also I never hold what he does so its an important diversifier.
If FTSE is overvalued I'd go with this fund managers choices to hold on the way down hence I buy now

Newton Real Return Class A Income 25%

Newton Asian Income Inc has been a good one

redbuzzard

A_Flock_Of_Sheep wrote: »

Thanks everyone this has been most enlightening. I did not realise that one can split the c£11k ISA allowance amongst different funds. I have been doing a lot more research from your advice and using the H&L website.

I have been putting together a preliminary portfolio using the ISA allowance for this year. I would like to get something sorted this side of the tax year so I have a fresh allowance in a weeks time or so.

I have mixed the portfolio I have been messing with using steady/defensive and regular income. It has been VERY VERY interesting and quite a bit of fun researching these this afternoon. Here are some I have considered:

Artemis Strategic Assets (Retail) Accumulation 25%
Troy Trojan Class I Accumulation 25%
Invesco Perpetual High Income 25%
Newton Real Return Class A Income 25%

None of these have been invested in - Still researching!!!!

They certainly seem to have different styles, objectives and composition!

I looked at the Troy yesterday and was intrigued to see it had 12% in gold (metal, not miners). Is it a sign of the times when pro fund managers can't find anything better to hold than a speculative asset with no income or obvious hedging mechanism? I suppose if there's a flight from equities and bonds, some of it will end up chasing gold...

If you buy the Artemis I'd be interested to know how near the mid price it deals. The single-priced OEICs all seem to deal within 1% or so of the price, the published spread on Artemis is >5%.

I have been told more than once that overall costs between UTs and OEICs don't really differ but I sold an index fund in my wife's HL ISA today and bought the same fund in mine (finally got around to rationalising to reduce platform fees) and both went through at the same price. I also sold down the HSBC UK all share index, that went through at just 1% less than the single price - which I am told means there were more sellers than buyers, and the sellers cop the net fund dealing costs. Another thread for a quiet time.

Can't argue with Newton Real Return as I've gone that partly route rather than bonds for now.

Just for the sake of the conversation of course - can't get the boss to take an interest unless I lose some of her money.:)

A_Flock_Of_Sheep

redbuzzard. Yes it has been interesting and fun looking into all this this evening and yes I think those are very diverse!

I really am fed up with getting very poor returns on my cash and need to do something and I think the ISA allowance is the first port of call.

I don't know if to seek the advice of an IFA as I don't have much time until the end of the ISA year. I guess too it could be more fun advising yourself. The H&L website is very informative.

Some of those I chose in that mock portfolio have a risk score of 4 as opposed to the Perpetual High Income having a score of 6. BUT I dowloaded and read a VERY interesting brochure from the H&L website all about risk. To show how dumb I have been risk in the sense of these investments to me means my capital is wiped out and I perhaps even owe money as a result. The brochure explains risk in a much different sense. Especially inflation risk to my cash!

At the moment I dont think I want to invest more than the ISA limits in any of these funds but potentially this weeks and next gives me a window to "invest" over 20k in a tax free wrapper.

jamesd

You don't have to invest the money on the day you put it in. No problem at all to wait for a few months or longer if that's convenient for you. It has to be there with the intention of investing but all that the platform operator has to do is remind you once a year.

A_Flock_Of_Sheep

jamesd wrote: »

You don't have to invest the money on the day you put it in. No problem at all to wait for a few months or longer if that's convenient for you. It has to be there with the intention of investing but all that the platform operator has to do is remind you once a year.

Ohh? I thought to gain the 2012-13 ISA wrapper you had to invest before the end of this financial year? You then get a new allowance for 13-14?

jamesd

No need to invest, just getting the money there by the end of the tax year is fine.

redbuzzard

jamesd wrote: »

No need to invest, just getting the money there by the end of the tax year is fine.

With HL, you can nominate the fund(s) split when you sign and put the money in (do it online with a debit card) OR not nominate and it will sit in your ISA account in cash until you submit a buy order.

I did a top up a couple of weeks ago and there was a cash deposit deal on until June I think, albeit at a fairly feeble rate, for those who wanted to hold off.

You (A Flock of Sheep) will need to do it next week though, to get the 2012-13 allowance.

A_Flock_Of_Sheep

jamesd wrote: »

No need to invest, just getting the money there by the end of the tax year is fine.

Ohh I didn't realise that. So I could put in the 11k for this ISA year and it is then held until I decide where to invest then I can top up the following week with the next years allowance and that is held with the previous years and I can the ISA 22k when I have decided? That is clever?!:D

brasso

dunstonh wrote: »

That is why people may start to invest but remember that the fund is capable of a 40% loss in 12 months. If you got a statement and found your investment of £11,280 is now £6700, how would you react?

Personally, I would throw my hat in the air to celebrate the unexpected cheapness of the fund, and i would then buy as much as possible.

A_Flock_Of_Sheep

brasso wrote: »

Personally, I would throw my hat in the air to celebrate the unexpected cheapness of the fund, and i would then buy as much as possible.

Ohhh I never though of it like that! Those that purchased into this fund in 2008/9 when the banking crisis seemed to dent the performance would be laughing now. I saw in a brochure the growth for them has been astronomical