Are these fund choices any good?

Jegersmart

teepee83 wrote: »

You are brave!;)

Well, brave or stupid - but of course I may never reach 40% exposure - this would be my maximum - I guess time will tell;)

J

tushingham

Jegersmart wrote: »

Hi

At the moment I have some initial positions entered in the last week or so into:

Investec Global Gold
Blackrock Gold & General
JPM Natural Resources
(not equal splits - I would say 40% each in the Golds, 20% or so in the Nat Res)

I am waiting to see if/when I am going to add or not.

In terms of ETF's, I am not permitted to use these if they relate directly to the price of commodities due to professional conflict of interest (apparently) but I could instead use something like Market Vectors Gold Miners ETF (GDX, GDXJ) although these are US domiciled of course.

There are other funds of course, Smith & Williamson do one afair and also SF Webb etc. It is always a bit of a gamble as to the fund choice, but this is more convenient for me at this time than using ETF's in this case.

HTH

J

Hi,

Thanks for your reply. Really useful and have given me some food for thought.
Will do some research and probably start to introduce some funds in the next wk or so

thanks again
t

Jegersmart

tushingham wrote: »

Hi,

Thanks for your reply. Really useful and have given me some food for thought.
Will do some research and probably start to introduce some funds in the next wk or so

thanks again
t

And whatever you choose to do, please ensure you stay within your own risk limits and sleep well at night;)

J

tushingham

Jegersmart wrote: »

And whatever you choose to do, please ensure you stay within your own risk limits and sleep well at night;)

J

Ha! its fine i'll sleep ok. I sleep on top of a pile of money with many beautiful ladies! (ranier wolfcastle)

Will be aware this will be a high risk, low volume part of my portfolio!

MoneySaverLog

I've decided to invest £500pcm into the following in my HL S&S ISA

Vanguard LifeStrategy 80% Equity Accumulation £300 pcm
HL Multi-Manager Special Situations Trust Accumulation £75 pcm
JPM Natural Resources Accumulation £75 pcm
Held as Cash £50 pcm for any fees etc

ColdIron

MoneySaverLog wrote: »

Held as Cash £50 pcm for any fees etc

This seems a little excessive, the VLS will only cost you £24 pa

MoneySaverLog

ColdIron wrote: »

This seems a little excessive, the VLS will only cost you £24 pa

I'll save it up and add extra units as it accumulates then.

ColdIron

It's always good to have a plan. If your fund split is 66%, 16% and 16% you could pay in £333, £83 and £83 and then as the prices fluctuate modify the amounts to maintain the ratio, a sort of automatic rebalancing

ColdIron

MoneySaverLog wrote: »

I'll save it up and add extra units as it accumulates then.

If you were going to hold the cash in the ISA don't forget there is a minimum of £250 to purchase additional units, your asset allocation would be all over the place

MoneySaverLog

I have chosen £350, £75 and £75 so 70% VLS. Sure they will let me know when fees are due and just pay them as and when as a extra, probably best to pay the fees outside the ISA anyway ;-)