Pension Portfolio

butters_86

Hi All,
Just wanting some advice on my pension investments. I’ve started working for a new employer and have picked the following funds for my contributions to go into. I’m only 30 so quite happy to leave them there for some time . I was with my previous employer for 10 years and plan on being with this one for some time as well. They are currently a private equity backed company with plans to float in several years. Contributions being paid in each month are £550.
10% into HSBC Amanah Glb Equity Index 3
10% into UK Equity Index (PMC) 3
15% into World (Ex-UK) Eq Idx (PMC) 3
10% into 10% L&G Invesco Perpetual Distribution Fund 3
10% into 15% L&G Newton Real Return Fund 3
10% into L&G Jupiter Merlin Income Portfolio Fund 3
10% into Multi-Asset (PMC) 3
10% into Henderson Preference & Bond 3
10% into Threadneedle Managed Equity 3
Thanks for your help with this.

AnotherJoe

IMO too many funds for that small an investment, and there will, I'm sure be a massive overlap across many of these funds so you'll have pretty much ended up creating your own pseudo-(but global tracker at a much higher cost than just using a global tracker.

its also quite conservative for soemone that will eb investing for perhaps 30-40 years,and why is there an income fund?

webnibbler

It's worth checking on charges too. With employers DC pension schemes there are usually default funds or portfolios to choose from that can be considerably cheaper than the managed fund options. For example my employer has agreed a 0.4% AMC for the default funds and portfolios, but choosing from the available managed funds attracts a 1.5% AMC.

While the default fund and portfolio options won't be particularly exciting they can be a cheaper off-the-shelf option over the managed funds.

dunstonh

Like most of these threads it is difficult to see any real structure to that selection. I ought to have a copy and paste ready as it seems to be the same with each one.

Mixture of multi-asset and single sector. Allocations seem random rather than structured. Overcomplicating it without structure will likely result in lower returns than using a multi-asset fund.

chucknorris

butters_86 wrote: »

Hi All,
Just wanting some advice on my pension investments. I’ve started working for a new employer and have picked the following funds for my contributions to go into. I’m only 30 so quite happy to leave them there for some time . I was with my previous employer for 10 years and plan on being with this one for some time as well. They are currently a private equity backed company with plans to float in several years. Contributions being paid in each month are £550.
10% into HSBC Amanah Glb Equity Index 3
10% into UK Equity Index (PMC) 3
15% into World (Ex-UK) Eq Idx (PMC) 3
10% into 10% L&G Invesco Perpetual Distribution Fund 3
10% into 15% L&G Newton Real Return Fund 3
10% into L&G Jupiter Merlin Income Portfolio Fund 3
10% into Multi-Asset (PMC) 3
10% into Henderson Preference & Bond 3
10% into Threadneedle Managed Equity 3
Thanks for your help with this.

Is the eventual value of your portfolio sufficient to include a property without skewing diversity?