Portfolio to replicate

the_learner

Hi I am looking for an online service where an asset allocation for different risk profiles is offered to members. I found the one at the link below but it doesn't have a long track record so I was wondering if there is anything better you can share:

https://moneytothemasses.com/become-an-80-20-investor

I want to follow a dynamic asset allocation where I can replicate someone with string track record who sell his advice in the form the guy above does. Thanks.

masonic

Why would you want to do that?

the_learner

Because I need some advice

masonic

The conventional approach would be to make use of a multi-asset fund, or managed portfolio.

bowlhead99

Is there a particular reason why you want to buy advice, follow it and constantly change your asset allocation to keep up with it, rather than just buying a mixed asset fund where the investment manager uses his own internal or bought-in advice to do just that?

£150-£300 for information on what funds are 'top performing' is a lot when you can get same or similar performance information on the entire share, investment trust and open-ended investment fund universe for free (funded by advertising) on Trustnet or Morningstar. So I can see why you would want to get something cheaper. But many of these paid 'information services', 'copy-me portfolios' etc can basically be classified as rip offs - there's no silver bullet, one-shot solution to building the perfect DIY portfolio.

You can get tips on building a balanced portfolio through asset allocation from a variety of books and blogs (e.g. Monevator is mentioned here a lot), but there is not usually a great deal of insight other than 'vary the proportion of equities' to change the risk level, and the writing and postings are not updated in real time.

If you want updated insight into actuarial analysis of risk profiles ascribed to different asset classes or combinations of asset classes at different points of the economic cycle, you could buy-in the data that IFAs use (which won't be free), or go to an IFA for their thoughts (which won't be free) or use a managed fund which targets a particular risk level (which won't be free).

Sorry if this doesn't help much...

AnotherJoe

Nutmeg ? They show their allocations for different risk levels. You'd have to approximate the actual funds though as they have their own as far as I recall

the_learner

Thanks guys. The thing is that I want to manage the ISA portfolio and I want to make sure I have someone who can follow the market for me and tell me when I shoukd move out from equity and be cash for example because market is becoming more risky.
I have no time and expertise to do that myself so I was wondering if there is any valuable advisor/online service I can leverage at reasonable price.

masonic

the_learner wrote: »

Thanks guys. The thing is that I want to manage the ISA portfolio and I want to make sure I have someone who can follow the market for me and tell me when I shoukd move out from equity and be cash for example because market is becoming more risky.

It's impossible to tell when it is time to move in and out of the market. Those that try usually get it wrong, no matter how much knowledge and experience they have. So the sensible approach is to choose an investment portfolio at an appropriate risk level and ride out the ups and downs.

I have no time and expertise to do that myself so I was wondering if there is any valuable advisor/online service I can leverage at reasonable price.

There are some tactical funds. Nutmeg has already been mentioned, but is a bit pricey. The L&G multi-index series of funds moves in and out of equities based on their predictions to some degree.

AnotherJoe

the_learner wrote: »

Thanks guys. The thing is that I want to manage the ISA portfolio and I want to make sure I have someone who can follow the market for me and tell me when I shoukd move out from equity and be cash for example because market is becoming more risky.
I have no time and expertise to do that myself so I was wondering if there is any valuable advisor/online service I can leverage at reasonable price.

You have a misconception about how allocation works. It doesn't work like that. Allocations in the main will be fixed. Some funds do indeed attemptt to second guess the market, these will be ones that often are called "absolute return" funds which will not publish their allocations on a timescale you'd be able to match. They also have a terrible track record in the main.

bigadaj

the_learner wrote: »

Thanks guys. The thing is that I want to manage the ISA portfolio and I want to make sure I have someone who can follow the market for me and tell me when I shoukd move out from equity and be cash for example because market is becoming more risky.
I have no time and expertise to do that myself so I was wondering if there is any valuable advisor/online service I can leverage at reasonable price.

An independent financial adviser.

If that isn't the correct answer, and you genuinely don't have the time expertise or probably equally validly the amount to invest, then a standard multi asset fund will suffice.