Great British Invest off or Passive V Active Updates

Prism

Prism Global - £176,548

Dropped along with everything else. I seem to have ended up with more of a value portfolio than a growth one. Forward valuations for things like Finsbury and Fundsmith are pretty low now.

Bostonerimus1

https://forums.moneysavingexpert.com/discussion/comment/81949674#Comment_81949674

My take on active funds like "Fundsmith" are that the they rise to the top when circumstances suit the fund manager's approach…it would have been another fund at a different time. Then circumstances change and the once top performer starts to falter to be replaced by another "flavour of the month". The test is how the fund recovers and many simply don't.

Prism

https://forums.moneysavingexpert.com/discussion/comment/81949854#Comment_81949854

Very true. What has kept me invested in Fundsmith is that they haven't changed the approach as that would indicate a lack of commitment to the strategy and likely underperformance. I am perfectly able to swap funds myself if I prefer a different route and don't need the manager to do it.

So hopefully quality growth funds will still do what they are built to do. Protect from the worst crashes, which they certainly did in 2020 and 2008, and provide a good return over the long run.

TBC15

BLB53                            £169,136       69%

TBC15                            £275,239      175%

Digger UK                       £355,387      255%

Finellah VLS80               £199,836      100%

Vanguard FTSE All Cap  £244,448     144%

A few more months like last months would be nice TBC15 up 17 %.

Poor month for gold down 1.8%.

Bostonerimus1

Bostonerimus $233802

Bostonerimus £228649

TBC15

BLB53                            £175,186       75%

TBC15                            £314,486      216%

Digger UK                       £352,240      252%

Finellah VLS80               £208,681      109%

Vanguard FTSE All Cap  £258,629     159%

TBC15 started the month with a performance over 2 weeks that looked like a Saturn 5 launch week 3 took on the appearance of a U and the 4th looked like 2nd stage ignition. Up 15% over the month with Framlington Tech leading the pack.

While it’s nice to get such returns I think we are in it will all end in tears territory.

Gold not as shinney as it used to be down 1% over the month

Bostonerimus1

Bostonerimus $244188

up 144% so about 11% average annual growth from a passive 3 fund portfolio with 25% bonds. We are in pretty ridiculous territory and I expect to pay the price at some point, but the bonds will be some mitigation.

Bostonerimus £240570

TBC15

BLB53                            £176,073       76%

TBC15                            £329,689      230%

Digger UK                       £317,198      217%

Finellah VLS80               £210,043      110%

Vanguard FTSE All Cap  £260,764     161%

A turbulent month for TBC15 down 4% then up 7% and finishing up 5%. Interestingly X Trackers led the pack up 8% over the month. TBC15 goes into July wearing the yellow jersey.

Bad month for Digger UK, Gold down 10%.

Bostonerimus1

Bostonerimus $243521

Bostonerimus £245365