Going with Bonkers The Pedigree Pooch or Muttley The Unloved Runt ?

Murphy_The_Cat

I've just instructed my

BNY Mellon Brazil Equity
to be sold and placed an order for New Capital US Future Leaders Unhedged - Accumulation (GBP) from the proceeds.
I'll be up from the Brazillian sale, which is more than acceptable, but I'll be able to do a proper compariosn on Mon/Tuesday.

So, once again its U S A. U S A, U S A................

barnstar2077

It is a new fund so you don't have much info to go on. Although the top few holdings have had pretty serious growth over the last few years. I will keep my fingers crossed for you!

I'm also looking forward to seeing how much of your losses you have managed to claw back.

barnstar2077

aroominyork wrote: »

I'm switching to January and July so am getting an extra month of samba and caipirinhas. And to think, I could be partying with global insurance salesmen...

Hey, don't knock insurance salesmen, it's the quiet ones that party the hardest. You would too if you had to talk about insurance all day! :rotfl:

Murphy_The_Cat

Here's my trading update.
I've sold my 648.614 BNY Mellon Brazil Equity Class W ACC units for 144.6901ppu = £938.48 and I've bought New Capital US Future Leaders Unhedged - Accumulation (GBP)
8.1635 units@ 11496.08830PPU


So, since Jan 2018 following the Bonkers approach, my £1000 has falen in value to £938.48


If i had invested my £1000 with these "usual suspects", this is what I'd now be looking at
Vanguard LS 80 ACC £1102
Vanguard LS100 ACC £1114
HSBC FTSE All World Index S ACC £1133


The above figures aren't accountancy accurate, as I'm struggling to find a source that easily gives me an 18month performance figure.


Bonkers clearly has a lot of work to do - the first few year obviously count for a lot and the first 18 months haven't been brilliant.

barnstar2077

Good to get an update. I have a feeling this future leaders fund is going to get you back in the black!

Can I suggest that you change the name of the thread to something more relevant and easier to understand, like "The race to the bottom!"

Murphy_The_Cat

Sadly, after 2 years of very solid underperformance, I've today take Bonkers the Dog to the vets and the outlook doesn't look at all good.
In the last 6 months, he's lost another 12.5% of his value/£117.31 which means that the original £1000 is now worth only £821.17.


On Monday, I'm going to ask that Bonkers is finally put to rest and the £800 or so pounds be put to a better home/fund.

DairyQueen

Sad to hear about Bonkers's sad fate. I have enjoyed the thread and will miss the postings on his progress.

I guess this is a win for conventional investing.

Watch out for the thread in which a pumped-up newbie has challenged one of our eminent contributors (single shares - chosen on the basis of historic high performance - versus a pragmatic choice of fund). If US tech goes off the boil the newbie's crash will be pretty spectacular.

Have you chosen a replacement for Bonkers?

Apodemus

DairyQueen wrote: »

Have you chosen a replacement for Bonkers?

...and is he coming from the pound or a breeder?

firestone

At least you did not take Bonkers for a walk in the WOOD and get wet in a FORD

Murphy_The_Cat

DairyQueen wrote: »

Sad to hear about Bonkers's sad fate. I have enjoyed the thread and will miss the postings on his progress.

I guess this is a win for conventional investing.

Watch out for the thread in which a pumped-up newbie has challenged one of our eminent contributors (single shares - chosen on the basis of historic high performance - versus a pragmatic choice of fund). If US tech goes off the boil the newbie's crash will be pretty spectacular.

Have you chosen a replacement for Bonkers?

Yes, he's going to be replaced with a very dull and unexciting fund from Mr Vanguard. The new fund is called FTSE Deceloped World ex -UK Equity Index A.
He's not going to set the world alight with fun, but if I'd given my £1000 to Mr Vanguard 2 years ago, he'd now be worth £1191, rather than £821.17

Apodemus wrote: »

...and is he coming from the pound or a breeder?

He's coming via a Mr Hargreaves-Lansdown, who's looking to take an annual cut of 0.45% of the proceeds.