JPMorgan Natural Resources -48% down but still hanging on

jabbahut40

A_Flock_Of_Sheep wrote: »

When did you take out your SIPP?

March 2011. Its worth noting that I tend to review/rebalance my portfolio every 6 months so some (but not all) of these funds were purchased in 2011. Other funds (like Fidelity Smaller co's) were switches earlier this year.

jabbahut40

planteria wrote: »

i hope you are right. and positioned to benefit if that happens.

Agree however even if it doubles in price in 2014 I will still only break even! Will hold out and see where it goes in 2014...it was always going to be a bumpy right :-)

jabbahut40

A_Flock_Of_Sheep wrote: »

From what I have read about commodities it won't be until 2015 until there will be a glimmer of hope. For me I will wait until much later.

Interesting to hear it won't be until 2015. Do you have links you can share?

Thanks

A_Flock_Of_Sheep

I am not sure why average DIY SIPP and ISA investors really get involved with trying to "diversify" with funds like these. Really targeted to experienced specialist investors.

As an IFA dunstonh do you include this one in your client portfolios for average SIPP and ISA investors?

dunstonh

A_Flock_Of_Sheep wrote: »

I am not sure why average DIY SIPP and ISA investors really get involved with trying to "diversify" with funds like these. Really targeted to experienced specialist investors.

As an IFA dunstonh do you include this one in your client portfolios for average SIPP and ISA investors?

I have included it in my bespoke portfolios. It can be a good fund to have on a rebalancing portfolio. Typical exposure rarely got above 5% for the specialist sector allocations. The volatility works nicely when rebalancing. it is not a fund for large holdings and not an invest and forget fund. I would not put it on a non-servicing portfolio

As you say, this fund is specialist and best not used by a low knowledge/low activity DIY investor. Perfectly fine with a knowledgeable DIY investor

pip895

dunstonh wrote: »

Or add to it as part of your rebalancing so when it does go back up, you would have some purchased at a lower price. It really depends on how much you hold as part of your wider portfolio.

Luckily its now a very small percentage and I could lose it all without too much heartache. It was purchased when I first started out and built myself a “balanced portfolio” since then my strategy has moved more towards momentum investing, with a bit of balance and value built in. The momentum for this fund is all in the wrong direction - so I should sell it, but it might be getting better on a value perspective + its my only commodity stock apart from an equally small quantity of a physical gold etf - bought just after the crash in April thinking there might be a bounce back – live and learn. :rotfl:

A_Flock_Of_Sheep

I wonder how tinkering about with funds like this and churning others compares to a steady passive get rich slowly approach.

gld73

I invested a couple of £k in it about 3 years ago - it's one of those ones that was always going to have a risk of dropping badly in the bad times but rising well when the world's economy gets back on its feet. I'm not retiring for another 20 years or so, so am just ignoring the drop for now and hoping it will all come good in the end!! There again, if I was that confident it would surge back up, I should be buying more while it's relatively cheap!

pip895

A_Flock_Of_Sheep wrote: »

I wonder how tinkering about with funds like this and churning others compares to a steady passive get rich slowly approach.

Momentum investing is potentially more rewarding (see http://www.saltydoginvestor.com/ for instance) - certainly a lot more work and more fun - if you like that sort of thing.
To be honest it probably isn't something I would have contemplated if in full time work.

bigadaj

A_Flock_Of_Sheep wrote: »

I am not sure why average DIY SIPP and ISA investors really get involved with trying to "diversify" with funds like these. Really targeted to experienced specialist investors.

As an IFA dunstonh do you include this one in your client portfolios for average SIPP and ISA investors?

I don't want to be too harsh but your investing approach seems to follow whatever the latest book you've read is. Smarter investing now seems to be your bible, and even in there the attraction of some more exotic investments to adventurous investors is highlighted, particulalry looking at small percentages of small companies, Commodities or even gold.

You now seem to hold active as well as passive investments and the make up and allocation of even the passive element is an active decision making process.

I'm not sure if buying such commodity funds now would qualify as timing the market or an element of rebalancing, but there is no doubt that commodity shares offer fuller value now than for a good while. Wouldn't bet the house on it but they can add some spice and increase returns with consequent risk to the edges of many people's portfolios.