Portfolio Review

darkidoe

Interesting chat about asset allocation. I read monevator and try to follow the Mr average allocations with a higher emphasis on stock in relation to bonds and my own 'picks'

My rough estimate of my portfolio atm is:
45% Global Ex UK
15% UK
5% US
5% Emerging markets
5% China
15% Specialist
5% UK Bonds

Rough estimates. Accurate picture so much more complicated. I am still trying to streamline the whole portfolio and trying to find a allocation I am comfortable with but try to have as much as a global asset allocation as possible.

What does people think about buying funds that have potential overlaps, eg US tracker/Developed markets Ex Uk.

I think I need to do more homework and figure out the finer details about the actually companies the fund invest in to get a better idea.

bigadaj

Futuristic wrote: »

I have maxed out all available interest accounts currently, my santander 123 has also enough to feed out to the regular savers with high interest for the next year as well my normal expenditure so that amount sitting in there in addition to this £10k I have completely free is already sitting doing nothing.

Bar this what suggestion(s) would you guys have for the 40% Bond replacement?

In that case I probably wouldn't.

If you have maxed out high interest current accounts and associated regular savers then you probably have £50k plus in cash in any case.

The £10k this year and next for investments is therefore a small part of your wealth, if you do want to invest even for only five years given that scenario then I'd take the risk and go heavy on equities. Model portfolios in any case are typically for a term far longer than your five year horizon, I'd be tempted to go for a suitable lifestrategy, black rock or legal and general fund. Tim hales smarter investing has scenarios for potential risk and volatility for various asset allocations over a range of timescales so that could be a useful reference, though there are many other books and sources as well.