Investing after Brexit

Roland_Flagg

I have two question for advice please.

1. I have NS&I inflation index-linked bond just about to mature. I was going to take the cash with inflation low, but now thinking it may rise, and it could be best to re-invest in the same again. Opinions?

2. I have some money in P2P (Zopa, Ratesetter etc). How do people think Brexit will effect them?

JohnRo

enthusiasticsaver wrote: »

My Vanguard LS60 has gone up since BRexit. As it is US fund I am guessing the fall in the £ has led to this?

My Blackrock non UK regional trackers have all seen a couple of days of decent boost as well since the GBP was flushed down the gurgler. Can't say the same for most of my income IT's but that's no bad thing either.

Doshwaster

enthusiasticsaver wrote: »

My Vanguard LS60 has gone up since BRexit. As it is US fund I am guessing the fall in the £ has led to this?

My portfolio has been all over the place in the last few days. Some heavy losses (especially my FTSE 250 tracker) but there has been some good growth elsewhere (biotech and gold) which means I'm only slightly down overall. If I had some spare money I'd see this as a buying opportunity but things are a bit tight at the moment in terms of cash flow.

eskbanker

enthusiasticsaver wrote: »

My Vanguard LS60 has gone up since BRexit. As it is US fund I am guessing the fall in the £ has led to this?

It's not a US fund, although there are US components to it, along with a myriad of other markets - according to https://www.vanguard.co.uk/adviser/adv/loadPDF?country=uk&docId=2041 it's currently broken down as follows:

Fund market diversification
Global Bond 19.2%
European Corporate Bonds 0.8%
European Government Bond 1.9%
Japan Government Bond 1.3%
US Corporate Bonds 1.8%
US Government Bond 1.8%
UK Corporate Bonds 3.5%
UK Index Linked Bonds 3.2%
UK Gilts 6.3%
UK Equities 15.0%
European ex-UK Equities 7.6%
North American Equities 27.1%
Japan Equities 4.1%
Asia ex-Japan Equities 2.4%
Emerging Markets Equities 4.0%
Total 100%

stringer_bell

I have 13k of ISA limit left, and over 6 figures in cash

I think now is a good time to start drip feeding into a FTSE 250 fund.. however, I might wait a week or two.. hmm decisions

I already have it invested in my ISA, so to invest it 20 percent cheaper is a bonus

However, I'm now looking to invest outside my ISA with my excess cash

TrustyOven

Maybe related to this thread... I took a peek at my funds today after the pricing point and was surprised to see gains. The other indicies (FTSE {100,250,AllShare}, Dow Jones, Nasdaq etc) were falling, but I can't understand why mine is up.

Before Brexit, it was under 1.15xx GBP, after mid-day on Brexit after the votes were known, it was 1.1514, today it's 1.1834. The fund is: Fidelity Index World W Inc

Same story with the Gilt fund, now 1.4030, the highest I've ever seen it since I started investing (but I can understand that the value for gilts are increasing as they are more safer and more demand for them as people jump into safer securities).

I'm not bothered (actually I am, I want them to go lower so I can buy cheaper at my next regular buy point next month), but I am a but puzzled by this.

Could anyone explain please?

Edited to add: I've checked Charles Stanley Direct, who I hold the ISA with, and they havn't updated their prices yet, but it seems I am up nearly £74 since Brexit with just 2 funds. I would have expected to have had (un-crystalised) losses.

bottleandahalf

AnotherJoe wrote: »

Obviously not everyone agrees with me as both are down another10% this morning :eek:

Letting the dust settle for a bit.

Bovis down another 17% today?

Surely worth a punt now?

masonic

Roland_Flagg wrote: »

1. I have NS&I inflation index-linked bond just about to mature. I was going to take the cash with inflation low, but now thinking it may rise, and it could be best to re-invest in the same again. Opinions?

They are certainly looking more attractive than they were last week.. As to what you should do, it really depends where else you would have put the money. Inflation will definitely pick up. By how much is a question nobody here can answer.

2. I have some money in P2P (Zopa, Ratesetter etc). How do people think Brexit will effect them?

They will probably experience more defaults. Both lend to individuals and businesses, both of which could get into financial difficulties as a result of Brexit. Where you are invested with a provision fund, that fund will come under increased demand.

masonic

TrustyOven wrote: »

Before Brexit, it was under 1.15xx GBP, after mid-day on Brexit after the votes were known, it was 1.1514, today it's 1.1834. The fund is: Fidelity Index World W Inc

What do you suppose happens when a fund that is mostly made up of US shares priced in dollars is rebased to (rapidly weakening) £?

TrustyOven

masonic wrote: »

What do you suppose happens when a fund that is mostly made up of US shares priced in dollars is rebased to (rapidly weakening) £?

Ahh ok so it's mainly due to currency exchange?