Thoughts on these fund choices?

*Kat*

Here's the funds I've selected:

SW Fidelity South-East Asia Fund
SW Baillie Gifford 60:40 Worldwide Equity Fund Global Equities
SW Henderson UK Property Fund
SW Investec American Fund
SW Baillie Gifford North American Equity Fund

Also either:

SW JPM Natural Resources Fund

or

SW BlackRock Gold & General Fund

I'm 26 and this is my 2nd pension (I have 2 jobs).

mania112

no criticism from me, all good.

I think you could do with a UK Equity fund and you should consider a Fixed Interest fund too.

*Kat*

I'm not sure on what percentage I should do each one...any ideas?

I'm going to take these two too, so a total of...8 funds

SW Newton International Bond Fund
Scottish Widows Ethical Fund

Oh another thing, on the SW form, can I just put the fund short code? Or does it have to be the entire fund name?

Thanks for your help

Lokolo

*Kat* wrote: »

Here's the funds I've selected:

SW Fidelity South-East Asia Fund
SW Baillie Gifford 60:40 Worldwide Equity Fund Global Equities
SW Henderson UK Property Fund
SW Investec American Fund
SW Baillie Gifford North American Equity Fund

Also either:

SW JPM Natural Resources Fund

or

SW BlackRock Gold & General Fund

I'm 26 and this is my 2nd pension (I have 2 jobs).

UK property I would never bother with as I would just buy a bigger house than I need in retirement. Any growth I get from UK property would be reflected in that property price.

Why 2 US funds?

Where are the UK equity funds? (you seem to have just picked a global, US and Asia)

FatherAbraham

*Kat* wrote: »

Oh another thing, on the SW form, can I just put the fund short code? Or does it have to be the entire fund name?

I just filled in a Scottish Equitable stakeholder application form last night; it explicitly asks for fund names.

There are fund short codes on the list of all funds which I've got from them, together with a warning that different fund codes may apply to non-standard charging structures.

For that reason, I would suggest you do exactly what the form asks for.

Warmest regards,
FA

dunstonh

What particular strategy are you using as its not possible to tell from that selection?
Why are you mixing mixed sector funds with single sector funds?
Why are you choosing to go heavily overweight in US?

grey_gym_sock

Lokolo wrote: »

UK property I would never bother with as I would just buy a bigger house than I need in retirement.

so you'd be invested in residential property (i.e. not commercial), with no rent (or would you have lodgers?), and with big transaction costs to realize your investment. doesn't seem like a great idea to me.

Lokolo

grey_gym_sock wrote: »

so you'd be invested in residential property (i.e. not commercial), with no rent (or would you have lodgers?), and with big transaction costs to realize your investment. doesn't seem like a great idea to me.

You buy a property in your 20s, smallish usually.
In 30s you then buy a bigger property to suit your needs, family etc.
Then when you get to retirement age. Family left, you can downsize.

Any gains from UK property would be reflected in the house price when you sell and buy a small property (or in my case, move back into the one I bought in my 20s which I have kept).

I realise it's not a perfect situation and may not suit each and everyone, but that's how I see it.

grey_gym_sock

well, that plan makes sense. i thought you were suggesting buying an unnecessarily big property.

but, whether or not 1 goes through the family-home-then-downsize process, there's still a case for other investment sin property, especially commercial property (as that's something different).

redbuzzard

The good things about investing in your own house are that the gains are tax free, and you get some benefit from living in it.

atush

The first thing I have to say is, that at 26 to have 2 pensions 9when many your age don't have one) is pretty fantastic.

I too want to know your strategy. The 60:40 (at your age i'd go 80:20) and the property fund (I like commercial property sometimes but don't know that fund, have to look it up) plus 2 american funds.

I'd look for a UK small cap maybe.