Great British Invest off or Passive V Active Updates

TBC15

BLB53                            £120,936       21%

TBC15                            £143,142      43%

Digger UK                       £148,383      48%

Finellah VLS80               £131,704      32%

Vanguard FTSE All Cap £150,702      51%

Bit of a volatile month for TBC15 up 3.5% at one point down 4% shortly after. Finishing the month down 0.5%

cloud_dog

Ummm, are you not going to wait for the end of the month? 🤔

TBC15

cloud_dog said:

Ummm, are you not going to wait for the end of the month? 🤔

!!!!!!….Disregard last.

Audaxer

I'm not part of this challenge, but I see that it's now exactly 5 years since this thread started. Just wondering if you have come to any conclusions as to which is best - active or passive?

Prism

Audaxer said:

I'm not part of this challenge, but I see that it's now exactly 5 years since this thread started. Just wondering if you have come to any conclusions as to which is best - active or passive?

I'm assuming that most of us knew that in pure performance terms the passives would eventually do best. The global stats back that up and even though the selected active funds are 'good' ones, for what that is worth, they would struggle to keep up over time.

However for me, and I think some of the others, it's not all about performance. I am looking for other properties like defensive and less volatile at the same time.

Audaxer

Prism said:

Audaxer said:

I'm not part of this challenge, but I see that it's now exactly 5 years since this thread started. Just wondering if you have come to any conclusions as to which is best - active or passive?

I'm assuming that most of us knew that in pure performance terms the passives would eventually do best. The global stats back that up and even though the selected active funds are 'good' ones, for what that is worth, they would struggle to keep up over time.

However for me, and I think some of the others, it's not all about performance. I am looking for other properties like defensive and less volatile at the same time.

That's interesting. I agree it's not all about performance, especially for us retirees that may be looking for income and/or wealth preservation. However, I did think the original point of the 'Invest-Off' was to compare performance of passive and active portfolios, following ongoing debates on the subject. I was of the impression that many active investors generally believed that a well-constructed active portfolio (or in some cases a hybrid containing actives and passives) would have a better long-term performance with less volatility than a portfolio of passive indexes or a multi-asset fund with a similar risk level. 

TBC15

BLB53                            £120,875       21%

TBC15                            £146,244      46%

Digger UK                       £148,456      48%

Finellah VLS80               £131,885      32%

Vanguard FTSE All Cap £151,157      51%

Bit of a volatile month for TBC15 up 3.5% at one point down 4% shortly after. Finishing the month up 1.5%

I’m still of the opinion after 5yrs ( a relatively short time) that managed funds can give superior returns to passives. The only up and down side to my portfolio is volatility. When things are going well they tend to do very well. The flip side is when things are not going well the paper losses are eye watering.

Prism

Prism Global - £150,335

Another bumpy month. Chrysalis is now down 78% for the year and two of my smaller companies funds are down more than 30%. 

Bobziz

I wonder how Thrug's portfolio is holding up. He seemed to be able to at least match the passives but with less volatility.

Prism

Bobziz said:

I wonder how Thrug's portfolio is holding up. He seemed to be able to at least match the passives but with less volatility.

Yes, its a shame we can't see. I would imagine it is doing pretty well and certainly in the lead here. Much more active approach than the rest of us with mostly individual company holdings.