How many funds do you hold?

IronWolf

Technically I hold one fund, Aberdeen Emerging Markets.

But I also own shares in an Asset Manager, whose cash is invested in their own funds, so technically I could say I'm invested in 2.

Glastoun

Also, this looks interesting, although I'm not sure exactly what it means:

http://www.xe.com/currencycharts/?from=GBP&to=JPY&view=1Y

dunstonh

noah_herman wrote: »

Hi,
I hold 3, as I am investing through Mutual Funds I has 3.
Please let me know if any one have better solution
Thanks
Noah

They almost certainly do. However, you should ask someone in your own country as its unlikely UK regulated funds apply to you.

EternallyGrateful

I have invested in one particular fund for eight years. Including the slump four years ago it's grown by an average of 10% pa so I'm quite happy with that.
Within the last few months I've cashed in my pension lump sum and with the £70k (ish) that provided I have invested in a further seven funds for income.
Although I did the research I guess there's always an element of 'pot luck'. Combined they have a current yield of 4.5% so my hope is that in five years time they will have provided a total income of £15k and will be worth (net of that income) something over £100k. My only strategy is that I cross my fingers every time I look at the FTSE index!

grizzly1911

EternallyGrateful wrote: »

I have invested in one particular fund for eight years. Including the slump four years ago it's grown by an average of 10% pa so I'm quite happy with that.
Within the last few months I've cashed in my pension lump sum and with the £70k (ish) that provided I have invested in a further seven funds for income.
Although I did the research I guess there's always an element of 'pot luck'. Combined they have a current yield of 4.5% so my hope is that in five years time they will have provided a total income of £15k and will be worth (net of that income) something over £100k. My only strategy is that I cross my fingers every time I look at the FTSE index!

Care to share on the income funds?

EternallyGrateful

grizzly1911 wrote: »

Care to share on the income funds?

There are (possibly) far too many to choose from so at some point you just have to dive in and hope!
For the record I have gone with:-
Artemis Income I Inc
Ecclesiastical Higher Income B Inc
Henderson Strategic Bond I Inc
Invesco Perpetual Distribution I Inc
M&G Extra Income I inc
Newton Asian Income W Inc
Vanguard FTSE UK Equity Income Index Inc

I felt that these were right for me (risk wise) and formed part of a five year plan to see me through to my 65th birthday in June 2018.

Totton

Morningstar reckon the optimum number of funds to hold for the best risk over return, is 7. I currently hold 9 but understand those suggesting 20 x 5%, I just can't be bothered tracking 20 funds when the few that I have take up enough of my time :-)

Doshwaster

Totton wrote: »

Morningstar reckon the optimum number of funds to hold for the best risk over return, is 7. I currently hold 9 but understand those suggesting 20 x 5%, I just can't be bothered tracking 20 funds when the few that I have take up enough of my time :-)

I have 8 funds at the moment that feels about right in terms of risk, diversification and manageability. I might consider adding another two funds to fill some gaps in coverage but there's no way I could cope with monitoring 20 funds.

maryjanell79

I hold 13 funds but now that I have actually looked at them, I really need to rebalance my portfolio! I have been topping up funds that have been doing well and not really had much focus on the others....whoops!

Jegersmart

Totton wrote: »

Morningstar reckon the optimum number of funds to hold for the best risk over return, is 7. I currently hold 9 but understand those suggesting 20 x 5%, I just can't be bothered tracking 20 funds when the few that I have take up enough of my time :-)

As already stated, this is bullsh.it.

Many people have portfolios that couldn't fit in 10-20 funds just from an FSCS point of view let alone multiple portfolios with different goals.

Clearly if you have less than £50K to invest then less is probably more....possibly.

HTH

J