Any tips for my sips??

Giovanni88

Hi everyonejust after some opinion and views on where all ofyour smart money is from 2014 onwards....

Basically i have a workpension with sl where I put 80 into a month, my employer puts 40 and I recieve around 20 in tax relief to a total of about 140. I wish to keep this in there managed fund as the returns for the 2 years ive had it have been pleasing at around 6%.

I have now set up a secondry pension sip with hl and have made arragements for 80 a month to be put into there and invested into 2 funds of my choice. Now with this pension I am going to be adventurous with for the first 5 years at least as I am 25 and would like to gain knowledge on investing so am looking for a volatile investment but with possibly great rewards.

However im still learning and for the initial 2 funds I will kind experiment with and so ive gone for 2 trakers....

Swip ftse all share index acc
Vanguard ftse developed europe ex uk equity index acc.

Now I know the 2 I have initially chosen are not very diverse and probably pointless doing it this way and I would like to ideally change 1 or even both.

So the question I pose is this.......

Where would your money be if you were me? Anybody have any hunches as to where the biggest gains will be going for the next few years?

Of coarse if it was really that simple then we would all be rich so dont think im silly in thinking it is and that il be rich in 10+ years im just after a few opinion for the time being until I get to see a financial adviser.

Drp8713

I am in a silmilar position, I am 26 and I put £50 a month into my HL S&S ISA and £50 (£62.50 after tax relief) into my HL SIPP.

I was initially thinking Vanguard Lifestrategy 80%. However, for contributions our size of £50 per fund, the £2 platform fee per month is a 4% charge.

You can get some really good actively managed funds for around 1.5-1.8% TER, which although I dont think you should base your choices on charges, seems like a waste to pay £40 per £1000 for passive trackers.

Plus if you change future contributions to other funds I assume the £2 per month will still be charged until it erodes away you holdings.

Maybe have a look at BlackRock Consensus 85 as there is no platform fee and TER 0.63%. It covers all bases like Vanguard LS. Hopefully when HL change their pricing structure the £2 for VLS will go.

Personally, Im taking it as a hobby and I am going a bit over the top for a small investments I know, but I am trying to build a portfolio of funds to cover all bases with £100 per fund (under £2 a year charges each) and then to build the holdings in each from there as the years go on.

Main focus Income for the ISA and Growth for the SIPP, by the end of next year I will have:

ISA
Jupiter European Income Units (Europe exc UK)
Jupiter Japan Income Income Fund (Japan)
JPM Emerging Markets Income (EM)
Royal London Sterling Extra Yield Bond (Class Income (Bonds)
Invesco Perpetual High Income Income (Income)
JPM Global Equity Income (GBP) Income (Global Income)
JPM Africa Equity (GBP) Income Fund (Africa)
Invesco Perpetual Distribution Income (Mixed Bonds and Shares)
First State Global Listed Infrastructure Income (Infrastructure)
JPM Natural Resources Income (Commodities)

SIPP

Cazenove UK Smaller Companies Class B Accumulation (UK Small Co)
Artemis Strategic Assets (Retail) Accumulation (Flexible)
Jupiter China Accumulation (China)
Rathbone Global Opportunities Accumulation Fund (Global)
Aberdeen Property Share Accumulation (Property)
Fidelity Special Situations Accumulation (UK All Co)
Legg Mason US Smaller Companies Accumulation Fund (US Small Co)
Aberdeen Asia Pacific Accumulation (Asia exc Japan)
Neptune Russia & Greater Russia (Class A) Accumulation (Russia)
GLG Technology Equity Accumulation Fund (Tech)