Investment Trust choices

bcfclee27

A_T wrote: »

With that number of global ITs you're quite likely to end up with a closet global tracker like SWDA. So you might as well invest in that ETF and avoid the 0.5% stamp duty every time you buy. I would however also have some SMT as it's done so well and James Anderson seems to have a real vision.

Ok so as I hold Lindsell Train Global Equity it would appear Scottish Mortgage compliments this nicely although I know it's extremely volatile.

Would it be worth adding one more out of Witan & Bankers (as monks is fairly similar to Scottish mortgage) and if so which of Witan & Bankers would compliment SMT & LTGE ?

Many Thanks

bcfclee27

I have decided on

Lindsell Train Global Equity
Scottish Mortgage
Bankers

And will rebalance across the three as and when I feel it appropriate.
Hopefully these are reasonable choices.
They seem very different in style, regions, sectors & holdings.

ColdIron

bcfclee27 wrote: »

Were you saying you wouldn't have all 4 if the amounts were low IE not worth it.

Yes and you'll pick up higher trading fees to purchase and rebalance with not much gain. SMT/MNKS and BNKR/WTAN occupy a similar space so I'd be inclined to consider one each. SMT is more concentrated, has a good manager and a stellar record. WTAN is multi manager which probably accounts for the higher OCF. The low fees, lower gearing and discount of BNKR would swing it for me but it's all about opinion. Compare them with Trustnet

atush

i am a long time holder of Witan.

As we are going to move from accumulation to decumulation in a few years both Bankers and Scottish mtg are on my to buy list as and when we are setting up for income over acc.

Alexland

jamei305 wrote: »

Bankers seems to be a closet tracker of the Global IT sector average.

Yup probably as close as you get to passive IT investing.

kidmugsy

I would be reluctant to buy an IT at a premium. Tastes differ.

A_T

jamei305 wrote: »

Bankers seems to be a closet tracker of the Global IT sector average.

In performance terms they pretty much all are apart from SMT and LTGE.

BLB53

I would definitely choose SMT before any of the others..size, track record, low costs and portfolio focus. I also like the Polar Cap Technology trust.

firestone

You may also want to check F&C IT while looking at Global

atush

yeah, long time holder of that. Started with just 50 quid a month.