Great British Invest off or Passive V Active Updates

Prism

Prism Global

£110,441

A nice -8.75% this month however for all the talk that this was US tech based I found that my worse three funds were Japan (-14%), UK (-11%) and Europe (-7%). The thing they all have in common is that they are all mid cap focused.

Meanwhile Tech was -6.5%, Fundsmith -6% and Health -4.5%.

As an aside pretty happy on the timing so far for the Smithson IPO in my ISA which is up 6% already

itwasntme001

Yeh i invested in the IPO as well. I invested £50k, was worried a bit about putting so much in but then i thought what else would i do with it. Nice to see it is up 6% despite all the market turmoil. I imagine they are buying the stocks using the IPO money cheaper (given the market correction) which is a great thing.


How much did you invest in the IPO?

Prism

itwasntme001 wrote: »

Yeh i invested in the IPO as well. I invested £50k, was worried a bit about putting so much in but then i thought what else would i do with it. Nice to see it is up 6% despite all the market turmoil. I imagine they are buying the stocks using the IPO money cheaper (given the market correction) which is a great thing.


How much did you invest in the IPO?

Just 10k for me. Trying out a simple ratio in my ISA of 1:3:6 of FEET:Smithson:Fundsmith. My feeling is that 1:2:4 is probably a better ratio going forwards which is what I have in my SIPP but using separate mid cap funds rather than Smithson there. Also, my main SIPP platform has limited funds (Aviva) so no IPO options

Thrugelmir

Prism wrote: »

As an aside pretty happy on the timing so far for the Smithson IPO in my ISA which is up 6% already

Not bad for a fund that isn't (fully) invested as yet. :eek:

Nor takes into account the floatation expenses.

Thrugelmir

itwasntme001 wrote: »

Nice to see it is up 6% despite all the market turmoil. I imagine they are buying the stocks using the IPO money cheaper (given the market correction) which is a great thing.

Don't confuse the price that the shares are being traded at with the value of the underlying investments. Investment Trusts are not the same as Unit Trusts. Good chance that anybody now buying in is paying a premium for the Fund Manager. As is the current star. Star's unfortunately do fad. Not everything they touch turns to gold.

Prism

Thrugelmir wrote: »

Not bad for a fund that isn't (fully) invested as yet. :eek:

Nor takes into account the floatation expenses.

You are right that is pretty much all premium to NAV however the last two days of gains haven't been fully factored in yet. Also, no launch costs with this one as they were all paid for by Fundsmith

Linton

Linton Growth - £105578
Linton WP - £101352

bostonerimus

October 31st total in $ is 102508....so +2.5% the pounds low of $1.27 on Oct 31st should buoy up the pound result, but currency gains are nothing to be proud of.

Thrugelmir

Prism wrote: »

You are right that is pretty much all premium to NAV however the last two days of gains haven't been fully factored in yet.

Market indices are simply the net of all gains, losses and no changes in a given trading session.

TBC15

Ouch, an interesting month.

TBC15 £109,679
BLB53 £103,201