Need a high risk fund or two

srcandas

Not real investing, more a punt, bit of fun - but I'm going to do it :cool:

Objective: To grow my wife’s SIPP to £80000 by August 2017.

Reason: She can take it all tax free. After 2017 she has no income and small state pension after 2023.

Input schedule: Current value £9100. 2013-14 £7000; 2014/15 £7000; 2015/16 £3600; 2016/17 £3600. Amounts include tax from gov. Can't do more as limited to her salary amount.

Strategy: If global markets collapse then c’est la vie. So assuming global markets will do at least fairly well were does it go to stand some chance (no matter how small ) of hitting the target. I think just one fund is most likely to succeed as I need close to 30% average annual gain. At the moment I’m thinking: Fidelity Indonesia.

Anybody have any other specialist offerings they feel might make the required 30% growth in the year coming? Obviously I can change the fund in the future on the basis 5 years with a 30% growth might be hard to find. Could even go for a share if odds were better .

Any one care to hazzard the odds of hitting target? :beer:

innovate

I'd love to join you, but need convincing. I could use some or all of the £30K I have lingering in PBs, realising this loses value every month I don't "win" a biggish sum, but the risk is containable.

The PB money is not my only money but potentially money I would throw into the ring. If there is a chance of making an average of 30% gains a year, I can stomach the risk of £3-£4K loss overall in a 5 year period - what is your "ouch, I am out" loss limit?

srcandas

innovate wrote: »

I'd love to join you, but need convincing. I could use some or all of the £30K I have lingering in PBs, realising this loses value every month I don't "win" a biggish sum, but the risk is containable.

The PB money is not my only money but potentially money I would throw into the ring. If there is a chance of making an average of 30% gains a year, I can stomach the risk of £3-£4K loss overall in a 5 year period - what is your "ouch, I am out" loss limit?

At some point we will wander off to the spanish countryside. If we lost £30k it would just encourage the move a year earlier or so. And to counter balance this punt my SIPP is being risk reduced.

However a get out point will be as the fund gets close to £18000 and could be taken as a triviality payment. But that should be in a year so unlikely I'd jump that quickly. (We can arrange that to be almost tax free )

Should say I have contacts with Indonesia so my selection of this fund is based on my research - but please no one take that as advice or even a tip from a drunk at the bar :rotfl:

marathonic

Here's a high risk fund I recently added to my pension fund, albeit, only 5% (which I feel is high enough):

JPM Natural Resources A Acc Fund

It certainly has the ability to provide the kind of returns, or losses, that you're shooting for. Past returns include:

-5.1%: Year to Date
-12.7%: 2012
-29.7%: 2011
+47.4%: 2010
+95.6%: 2009
-52.1%: 2008

innovate

Hmh, I don't have that spanish get-out clause (yet), and am not sure I ever will since yo no hablo espagnol at present and I am not sure I can master learning a new language at my age. The bit I am sure about is that I wouldn't want to live somewhere where I can't freely communicate.

Insider info (the legal variety of it, as well as the illegal one) doesn't particularly tickle my fancy. For all I know, Indonesia could be wiped off the face off the earth by the next earth- or sea quake. Sounds dramatic, but it will happen some day, and who knows how much of it will happen in our life time. The 2 major tsunamis in the past decade scare the living daylight out of me.

May be I am too chicken to join you, after all, but keep us informed about your progress, please

srcandas

Jimhassel wrote: »

If twice is nice, then three times is a charm. Any warm-blooded investor would salivate over such returns in any market.

Agreed but if you do not have a strategy that can get there for sure you never will

innovate

marathonic wrote: »

Here's a high risk fund I recently added to my pension fund, albeit, only 5% (which I feel is high enough):

JPM Natural Resources A Acc Fund

It certainly has the ability to provide the kind of returns, or losses, that you're shooting for. Past returns include:

-5.1%: Year to Date
-12.7%: 2012
-29.7%: 2011
+47.4%: 2010
+95.6%: 2009
-52.1%: 2008

Yeah, got that one already.............bought at the back-end of 2010.

'nuff said.

srcandas

innovate wrote: »

Yeah, got that one (JPM Nat. Res) already.............bought at the back-end of 2010.

'nuff said.

But you do feel it has to do something - don't you? Or will mining asteroids make resources so plentiful no one will care?

I'd still like to find a Viet Nam fund but no luck yet.

Innovate Indonesia is the fourth most populous country in the world with an area three times the size of Texas. If that lot gets destroyed it won't be my wife's SIPP that will be on my mind

ps: Innovate glad you think the language is important. Nothing gets me more mad than Brits abroad who make no effort :mad: Although in our part of Asturias (accept for me) Brits are a very rare thing

marathonic

innovate wrote: »

Yeah, got that one already.............bought at the back-end of 2010.

'nuff said.

Yeah, it's a scary one and not for the faint hearted - nor is any fund when you're shooting for 30% annual gains

I'd considered allocating 10% to the fund but fear the whole "catching a falling knife". I would, however, consider doubling down if, come time to rebalance, it had dropped by 20%+.

It will come back eventually and, looking at the swings during past years, it could be very quickly indeed.

innovate

marathonic wrote: »

It will come back eventually and, looking at the swings during past years, it could be very quickly indeed.

It could indeed, but who knows....let's do a rain check in a few years time. I am too far in it now to bail out, so I will still be there....

Linton

A Small Companies fund - any geography, or preferably a mix of geographies.