Great British Invest off or Passive V Active Portfolios

Prism

As I mentioned on the monthly update thread I have recently transferred on of my SIPPs into another. I did it as a cash transfer so had the chance to clean up a couple of smaller holdings get a better balance. This is the new allocation going forwards for the Great British Invest Off. Some of these I have held for a couple of years in my other pension but I didn't have them listed in this portfolio. This is now a better representation of my total SIPP

Fundsmith 51%
Montanaro Better World 13.5%
Smithson 14.5%
LF Gresham House Microcap 6%
FEET 15%

itwasntme001

Prism wrote: »

As I mentioned on the monthly update thread I have recently transferred on of my SIPPs into another. I did it as a cash transfer so had the chance to clean up a couple of smaller holdings get a better balance. This is the new allocation going forwards for the Great British Invest Off. Some of these I have held for a couple of years in my other pension but I didn't have them listed in this portfolio. This is now a better representation of my total SIPP

Fundsmith 51%
Montanaro Better World 13.5%
Smithson 14.5%
LF Gresham House Microcap 6%
FEET 15%

Thanks, was looking out for a good active small/midcap fund and Montanaro stood out. What are your reasons for choosing it?

Prism

itwasntme001 wrote: »

Thanks, was looking out for a good active small/midcap fund and Montanaro stood out. What are your reasons for choosing it?

I have held a Montanaro European fund previously and this felt like a good global alternative. Some overlap with Fundsmith and Smithson which I don't mind. Its got a sustainable focus which I am becoming more interested in. I also like funds with a limited number of stocks - this one has 50 which is just about low enough.

finellah

Updated portfolio for Finellah

Capital Gearing Trust (CGT) 17%
Personal Assets Trust (PNL) 14%
HSBC MSCI World ETF (HMWO) 12%
iShares Emerging Markets ETF (EMIM) 6%
Fundsmith 5%
Martin Currie Global Portfolio IT (MNP) 8%
Mid Wynd IT (MWY) 5%
Monks IT (MNKS) 6%
Smithson (SSON) 5%
TR Property (TRY) 6%
CFP SDL UK Buffettology Fund 5%
Cash 11%

bostonerimus

I have done nothing with my portfolio and here is how my allocation has drifted

Fund..........................Start.......Jan 2020
US equity index..........50%..........55%
International equity.....25%..........22.5%
US bond index............25%..........22.5%

current total return since start is 21%

Linton

bostonerimus wrote: »

I have done nothing with my portfolio and here is how my allocation has drifted

Fund..........................Start.......Jan 2020
US equity index..........50%..........55%
International equity.....25%..........22.5%
US bond index............25%..........22.5%

current total return since start is 21%

Interesting. Taking your figures one can calculate the individual overall rates of return:
US: 33%
Bonds + International:8.9%


Using those rates of return, if the starting allocation was 35% US, 65% non-US one would end up with a total rate of return of 16% which is close to Linton Growth. Which demonstrates why I believe that at least in the short term GBIO says more about asset allocation than active vs passive.

bostonerimus

Linton wrote: »

Interesting. Taking your figures one can calculate the individual overall rates of return:
US: 33%
Bonds + International:8.9%


Using those rates of return, if the starting allocation was 35% US, 65% non-US one would end up with a total rate of return of 16% which is close to Linton Growth. Which demonstrates why I believe that at least in the short term GBIO says more about asset allocation than active vs passive.

Yep.......which is why I believe novice investors should have simple portfolios where it's easy to see the asset allocation or just stick with something like VLSxx that tells you the allocation in the title and adjusts automatically.

Thrugelmir

Don't Let Your Granny Loose at the Dogs
Portfolio as 31-01-20

AEWU 2.93
BPM 19.93
BRWM 3.90
CLIG 5.72
CMHY 1.88
DIVI 8.53
FGT 2.71
GSF 8.77
GRID 9.77
IPE 3.72
JIM 20.32
JARA 3.68
MRCH 4.03

CASH 4.11


Sold ORIT and MTU.
Added BRWM

TBC15

Annual rehash to soak up CGT allowance and top of the pensioners cash bucket.

Main changes reducing LT Global till it sorts it’s self out. Increasing Blue Whale with the cash.

Hanging on to LTI until normal madness resumes.

Changes carried out end Jan prior to the current goings on.

AXA Framlington Global Technology Z Acc____________________4979.65 _____16.71%

First State Greater China Growth B GBP Acc__________________ 216.3  ______1.78%

Fundsmith Equity IAcc____________________________________ 9031.82 ___ _32.93%

LF Blue Whale Growth I AccGBP_____________________________ 256.43 _____0.29%

LF Blue Whale Growth R AccGBP___________________________ 23349.58 _____26.25%

Lindsell Train Global Equity B GBP_________________________ 2977.58  _____8.5%

Liontrust UK Smaller Companies I Inc________________________852.41  ______10.74%

Lindsell Train IT plc Ord 75P_________________________________ 3.47______2.8%

Thrugelmir

AVON RBR.	AVON	2.29%
B.P MARSH	BPM	9.62%
BARCLAYS	BARC	1.69%
BB HEALTHCARE	BBH	5.05%
DUKE ROYALTY	DUKE	2.24%
GORE STREET EN.	GSF	13.18%
GRESHAM HOUSE .	GRID	9.81%
JARVIS SEC	JIM	19.33%
JLEN ENV	JLEN	6.22%
ORSTED	0RHE	2.10%
PZ CUSSONS	PZC	4.86%
TEMPLETON EMRG.	TEM	2.98%
TOTAL ORD	TTA	4.74%
VENTURE LIFE	VLG	2.32%
VESTAS WIND SYS	0NMK	1.88%
Cash		11.70%
		100.00%

Started to rehash portfolio around 6 weeks ago. Progressively exited IT's and reduced exposure to other stocks. Moved into 45% cash and started a switch to individual shares. Savage bear market. Far too cautious in selling!

Bought (24/03) and sold (27/03) both SCP and JMI for overall gain of 13.98% (after charges) which helped boost the monthly performance figures. 

This part of a larger broad portfolio incase anyone wishes to comment on asset allocation!