Suggestions for core-holding funds?

Linton

RomfordNavy wrote: »

Very informative thanks @coastline. Interesting to see how that L&G Multi Index 5 fund was much more stable than the MSCI over the recent downturn. However also noteworthy is that over the longer-term (4 yrs) the more volatile MSCI still out-performed the L&G Multi even after the recent crash.

It's a general rule in investing that high return implies high risk. So dont be too gungho on the current high-fliers. Keep things in balance.

seacaitch

RomfordNavy wrote: »

Seems to me the difference between the MSCI and that L&G Multi may be a reasonable indicator of an impending downturn!

Perhaps the answer for me is to invest in some of the slower but more stable funds initially and move to higher performing funds only after the initial funds have made the required profit to cover any expected losses.

Honestly, from reading your posts you sound like you might well benefit from paying an IFA for some considered input.

bostonerimus

RomfordNavy wrote: »

Very informative thanks @coastline. Interesting to see how that L&G Multi Index 5 fund was much more stable than the MSCI over the recent downturn. However also noteworthy is that over the longer-term (4 yrs) the more volatile MSCI still out-performed the L&G Multi even after the recent crash.

Seems to me the difference between the MSCI and that L&G Multi may be a reasonable indicator of an impending downturn!

Perhaps the answer for me is to invest in some of the slower but more stable funds initially and move to higher performing funds only after the initial funds have made the required profit to cover any expected losses.

You can come up with a million sunny scenarios, but reality has a way of bowling you googlies.

Close you eyes and stick your cash into a global equity and a global bond tracker; Vanguard offers both.

eskbanker

bostonerimus wrote: »

You can come up with a million sunny scenarios, but reality has a way of bowling you googlies.

Or indeed whipping the bails off when you're not fully paying attention, leaving you stranded!

badger09

eskbanker wrote: »

Or indeed whipping the bails off when you're not fully paying attention, leaving you stranded!

I misread 'bails' in your quote:eek:

Now I can't get the image out of my mind:p

RomfordNavy

Aminatidi wrote: »

Long term stable low risk, may be worth looking into:

• Personal Assets
• Troy Trojan
• CG Absolute Return
• Capital Gearing Trust
• Ruffer (mentioning simply as it has a historical reputation)
• Hawksmoor Vanbrugh
• Hawksmoor Distribution

Thanks for the suggestions @Aminatidi. Have now added profits for the past year to those:

• Personal Assets Trust (PNL) 3.05%
• Troy Income & Growth Trust (TIGT) 5.61%
• CG Absolute Return 7.22%
• Capital Gearing Trust (CGT) 6.68%
• Ruffer Investment Company Ltd Red PTG Pref Shares (RICA) -6.11%
• MI Hawksmoor Vanbrugh B Acc (Accumulation) 1.98%
• MI Hawksmoor Distribution B Inc (Income) 3.94%

bowlhead99

RomfordNavy wrote: »

Thanks for the suggestions @Aminatidi. Have now added profits for the past year to those:

Doing a quick check on the Trustnet.com website, the return for PNL over one year to yesterday was over 4% and for CGT was over 7%; perhaps you are using a slightly different date range (e.g. February to February or just the most recent calendar year December to December) or omitting one of the dividends paid. As long as it's a consistent basis for each, doesn't make too much difference.

However, you'll get very limited value from looking at a one year period, as none of the funds are designed to be held for a one year period.

Of those, I have PNL as a long term hold.

Aminatidi

RomfordNavy wrote: »

Thanks for the suggestions @Aminatidi. Have now added profits for the past year to those:

• Personal Assets Trust (PNL) 3.05%
• Troy Income & Growth Trust (TIGT) 5.61%
• CG Absolute Return 7.22%
• Capital Gearing Trust (CGT) 6.68%
• Ruffer Investment Company Ltd Red PTG Pref Shares (RICA) -6.11%
• MI Hawksmoor Vanbrugh B Acc (Accumulation) 1.98%
• MI Hawksmoor Distribution B Inc (Income) 3.94%

I wouldn't take a year in isolation look at the long term track record.

None of them will make you rich overnight but they won't make you poor overnight either.

I listed Ruffer as they have a reputation for having done well in 2008.

That said I put a small amount in with them and lost 11% over the course of a couple of months which to me is totally unacceptable in something regarded as a "Capital preservation fund".

So for me I wouldn't touch them, but I think they should be on the list.

richyg

With regards Ruffer, I believe they were heavily invested in Swiss Frank (for a reason I don't know) at the time of the 2008 Financial Crisis. But they did very well with this positioning. Have also invested in them in the past but personally see them as niche and no longer for my taste.

RomfordNavy

Unfortunately CG Absolute Return (7.22%) which I quite liked doesn't appear to be available on iWeb for some reason.