Re-balancing our Portfolio

StellaN

Interestingly, I have just read an article in Money Observer by a professional financial journalist (Heather Connon) and this year she has created her own SIPP portfolio to the value of £400K.

She has quite a few of the IT's listed in the OP's portfolio - I wander if he has also read this article?

Invesco Perpetual UK Smaller £30,000 - 7.5%
Edinburgh Investment Trust - £50,000 - 12.5%

Witan - £60,000 - 15%
Scottish Mortgage - £50,000 - 12.5%
F&C Global Smaller - £30,00 - 7.5%

Henderson Euro Focus Trust - £30,000 - 7.5%
Fidelity Asian Values - £30,000 - 7.5%

Invesco Perpetual Fixed Income - £30,000 - 7.5%
F&C Commercial Property - £50,000 - 12.5%
3i Infrastructure - £40,000 - 10%

http://www.moneyobserver.com/our-analysis/10-investment-trusts-i-have-picked-my-pension-portfolio

Any thoughts on this portfolio?

MPN

StellaN wrote: »

Interestingly, I have just read an article in Money Observer by a professional financial journalist (Heather Connon) and this year she has created her own SIPP portfolio to the value of £400K.

She has quite a few of the IT's listed in the OP's portfolio - I wander if he has also read this article?

Invesco Perpetual UK Smaller £30,000 - 7.5%
Edinburgh Investment Trust - £50,000 - 12.5%

Witan - £60,000 - 15%
Scottish Mortgage - £50,000 - 12.5%
F&C Global Smaller - £30,00 - 7.5%

Henderson Euro Focus Trust - £30,000 - 7.5%
Fidelity Asian Values - £30,000 - 7.5%

Invesco Perpetual Fixed Income - £30,000 - 7.5%
F&C Commercial Property - £50,000 - 12.5%
3i Infrastructure - £40,000 - 10%

http://www.moneyobserver.com/our-analysis/10-investment-trusts-i-have-picked-my-pension-portfolio

Any thoughts on this portfolio?

Very interesting portfolio but nothing like the OP's really except for holding a few of the same IT's.

yorkie07

StellaN wrote: »

Interestingly, I have just read an article in Money Observer by a professional financial journalist (Heather Connon) and this year she has created her own SIPP portfolio to the value of £400K.

She has quite a few of the IT's listed in the OP's portfolio - I wander if he has also read this article?

Invesco Perpetual UK Smaller £30,000 - 7.5%
Edinburgh Investment Trust - £50,000 - 12.5%

Witan - £60,000 - 15%
Scottish Mortgage - £50,000 - 12.5%
F&C Global Smaller - £30,00 - 7.5%

Henderson Euro Focus Trust - £30,000 - 7.5%
Fidelity Asian Values - £30,000 - 7.5%

Invesco Perpetual Fixed Income - £30,000 - 7.5%
F&C Commercial Property - £50,000 - 12.5%
3i Infrastructure - £40,000 - 10%

Any thoughts on this portfolio?

Thank you for your post, but, no, I had not read this journalists article before so the few crossover IT's is purely by coincidence.

I must admit that I will give it some thought because in the end I am interested in a full portfolio of IT's. Therefore, now may be the time to sell Fundsmith at a top price and put this into two different global IT's.

StellaN

yorkie07 wrote: »

Thank you for your post, but, no, I had not read this journalists article before so the few crossover IT's is purely by coincidence.

I must admit that I will give it some thought because in the end I am interested in a full portfolio of IT's. Therefore, now may be the time to sell Fundsmith at a top price and put this into two different global IT's.

Why would you sell Fundsmith when it has done well for you, unless you feel it is too concentrated with only 28 holdings? If so, and you wanted to select one global IT that suits your requirements that has a a larger mix of holdings such as Bankers, Witan etc, it can be the core/lead fund for your portfolio.

In my opinion, SMT and the smaller company regional IT's could be far more volatile/risky.

bigadaj

StellaN wrote: »

a professional financial journalist

Oxymoron surely.

StellaN

bigadaj wrote: »

Oxymoron surely.

Yes, it should have read after 30 years as a personal (not professional) finance journalist.

MPN

StellaN wrote: »

Why would you sell Fundsmith when it has done well for you, unless you feel it is too concentrated with only 28 holdings? If so, and you wanted to select one global IT that suits your requirements that has a a larger mix of holdings such as Bankers, Witan etc, it can be the core/lead fund for your portfolio.

In my opinion, SMT and the smaller company regional IT's could be far more volatile/risky.

w

Exactly, just choose one core global fund at around 20 per cent and then add on with with your preferences.

ArchBair

StellaN wrote: »

Interestingly, I have just read an article in Money Observer by a professional financial journalist (Heather Connon) and this year she has created her own SIPP portfolio to the value of £400K.

She has quite a few of the IT's listed in the OP's portfolio - I wander if he has also read this article?

Invesco Perpetual UK Smaller £30,000 - 7.5%
Edinburgh Investment Trust - £50,000 - 12.5%

Witan - £60,000 - 15%
Scottish Mortgage - £50,000 - 12.5%
F&C Global Smaller - £30,00 - 7.5%

Henderson Euro Focus Trust - £30,000 - 7.5%
Fidelity Asian Values - £30,000 - 7.5%

Invesco Perpetual Fixed Income - £30,000 - 7.5%
F&C Commercial Property - £50,000 - 12.5%
3i Infrastructure - £40,000 - 10%

Any thoughts on this portfolio?

I am a little surprised at this pension portfolio especially coming from a journalist with 30 years experience as a personal finance writer. To me, it lacks structure and balance but I suppose she's the expert so maybe I'm totally wrong and looking at the portfolio from a different angle?

MPN

ArchBair wrote: »

I am a little surprised at this pension portfolio especially coming from a journalist with 30 years experience as a personal finance writer. To me, it lacks structure and balance but I suppose she's the expert so maybe I'm totally wrong and looking at the portfolio from a different angle?

What in particular do you not like about the journalists portfolio?

MonroeM

StellaN wrote: »

Interestingly, I have just read an article in Money Observer by a professional financial journalist (Heather Connon) and this year she has created her own SIPP portfolio to the value of £400K.

She has quite a few of the IT's listed in the OP's portfolio - I wander if he has also read this article?

Invesco Perpetual UK Smaller £30,000 - 7.5%
Edinburgh Investment Trust - £50,000 - 12.5%

Witan - £60,000 - 15%
Scottish Mortgage - £50,000 - 12.5%
F&C Global Smaller - £30,00 - 7.5%

Henderson Euro Focus Trust - £30,000 - 7.5%
Fidelity Asian Values - £30,000 - 7.5%

Invesco Perpetual Fixed Income - £30,000 - 7.5%
F&C Commercial Property - £50,000 - 12.5%
3i Infrastructure - £40,000 - 10%

http://www.moneyobserver.com/our-analysis/10-investment-trusts-i-have-picked-my-pension-portfolio

Any thoughts on this portfolio?

I like this portfolio, to me it does seem to have balance and structure. As well as the core holdings it also has some of her preferred specialist area's. I might choose a different trust in a particular sector so in general it's good. At the moment, and after lot's of research (and mistakes especially at the beginning of my adventure into investments), I am now focusing more on a IT based portfolio to hold over the long term with less changes which I will stick with.