JPMorgan Natural Resources -48% down but still hanging on

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  • A_Flock_Of_Sheep
    A_Flock_Of_Sheep Posts: 5,332 Forumite
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    edited 21 December 2013 at 5:18PM
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    Glad I don't hold these.

    Neil Woodford's word Diworseification comes to mind.
  • A_Flock_Of_Sheep
    A_Flock_Of_Sheep Posts: 5,332 Forumite
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    Savings_Dave wrote: »
    I think those looking at the current large losses maybe investing in it for the wrong reasons - its a long term fund and does have high volatitlity. The continuing fall of commodity prices hasn't helped and it could be a while until this specialist fund recovers. Three years really isn't enough time to be holidng this fund - consider more like 10 years +

    Have held for over 2 years and I'm at a 29% loss but it only accounts for about 1.6% of my portfolio. I still continue to contribute to it and understand that it is a high risk, volatile fund which is why I do not worry about it. Out of the twenty two funds I currently have this is the biggest loser - six others register a small single figure loss.

    22 other funds. Oh my! Don't you know that all you really need is a few cheap trackers. So Tim tells us.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
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    A_Flock_Of_Sheep wrote: »
    22 other funds. Oh my! Don't you know that all you really need is a few cheap trackers. So Tim tells us.

    Is that the reason you pitched into Vanguard and away form the noise? Was that a sheep dog recommendation based on the fact he had been chasing around enough?
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • dunstonh
    dunstonh Posts: 116,492 Forumite
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    22 other funds. Oh my! Don't you know that all you really need is a few cheap trackers. So Tim tells us.

    The two extremes. Somewhere between the two is more like it.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • A_Flock_Of_Sheep
    A_Flock_Of_Sheep Posts: 5,332 Forumite
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    edited 21 December 2013 at 6:30PM
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    grizzly1911 wrote: »
    Is that the reason you pitched into Vanguard and away form the noise? Was that a sheep dog recommendation based on the fact he had been chasing around enough?

    It cuts out the noise, fashion investing and following and expanding the wallet of the latest Fund Manager (who rarely beats the index by much) and also as in this case Diworseification.

    If you are index tracking you are also exposing to Natural Resources as many of the holdings in Index Funds and ETFs are the ones in the Natural Resource ones. Seems a bit daft really boiling your cabbage twice or three times.

    Just think £10k invested in the black hole that is JPM Natural Resources is worth nearly just £5k. Not very smart is it?
  • TCA
    TCA Posts: 1,530 Forumite
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    I don't hold any commodities investment but quite fancy a small punt on something like BlackRock Commodities Income Investment Trust Plc, BRCI. Currently the share price is back at 2009 levels and yielding 5.64%. It's very tempting but the 'catching a falling knife' analogy does come to mind. I'll be watching closely.
  • A_Flock_Of_Sheep
    A_Flock_Of_Sheep Posts: 5,332 Forumite
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    TCA wrote: »
    I don't hold any commodities investment but quite fancy a small punt on something like BlackRock Commodities Income Investment Trust Plc, BRCI. Currently the share price is back at 2009 levels and yielding 5.64%. It's very tempting but the 'catching a falling knife' analogy does come to mind. I'll be watching closely.

    How small is a small punt?

    A lot of people poo pooed the Royal Mail shares but they did pretty well. Maybe commodities will perk up soon.

    I guess this really is a case of buy when others are fearful.
  • innovate
    innovate Posts: 16,217 Forumite
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    A_Flock_Of_Sheep wrote: »

    Just think £10k invested in the black hole that is JPM Natural Resources is worth nearly just £5k. Not very smart is it?

    If it is £10K out of £50K, it can hurt. If it is £10k out of £500K, it's just a minor irritant. And even less so if your portfolio is worth more.

    I am keeping my JPM NR for the long term, and might even buy more.
  • A_Flock_Of_Sheep
    A_Flock_Of_Sheep Posts: 5,332 Forumite
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    Commodities and Emerging Markets seem on a downward trend.
  • A_Flock_Of_Sheep
    A_Flock_Of_Sheep Posts: 5,332 Forumite
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    innovate wrote: »
    If it is £10K out of £50K, it can hurt. If it is £10k out of £500K, it's just a minor irritant. And even less so if your portfolio is worth more.

    I am keeping my JPM NR for the long term, and might even buy more.

    How far in the red are you on it?
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