Suggestions for core-holding funds?

RomfordNavy

bowlhead99 wrote: »

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.

I forgot to include didvidends payed out, with those included:

• Personal Assets Trust (PNL) 4.44%
• Troy Income & Growth Trust (TIGT) 9.04%
• CG Absolute Return 7.22%
• Capital Gearing Trust (CGT) 7.35%
• Ruffer Investment Company Ltd Red PTG Pref Shares (RICA) -5.27%
• MI Hawksmoor Vanbrugh B Acc (Accumulation) 1.98%
• MI Hawksmoor Distribution B Inc (Income) 7.55%

RomfordNavy

On that basis I think perhaps £10k-£20k each in TIGT & CGT might be a good place to start. Thanks for the suggestions

Aminatidi

RomfordNavy wrote: »

On that basis I think perhaps £10k-£20k each in TIGT & CGT might be a good place to start. Thanks for the suggestions

Woah!

You've said TIGT when I listed Troy Trojan as the OEIC equivalent of Personal Assets Trust.

TIGT is a different beast and is 100% equities.

I have some in TIGT and it fits with Troy's generally cautious "house style" but it's not a low risk option by the same standard as a multi-asset such as the Trojan fund.

Alexland

I do struggle with the idea that some of the investments mentioned in this thread would be suitable for a core holding. I would be considering low cost well diversified global equity and bond funds.

talexuser

Ruffer has been pretty poor the last few years compared to most other "preservation" funds, especially considering the high fees.

RomfordNavy

Aminatidi wrote: »

Woah!

You've said TIGT when I listed Troy Trojan as the OEIC equivalent of Personal Assets Trust.

TIGT is a different beast and is 100% equities.

I have some in TIGT and it fits with Troy's generally cautious "house style" but it's not a low risk option by the same standard as a multi-asset such as the Trojan fund.

Sorry for the confusion. Looks like again iWeb don't allow the Troy Trojan fund but they do have a Troy Spectrum fund.

Having looked elsewhere I find that the Troy Trojan fund has returned 4.33% over the past year.

bowlhead99

RomfordNavy wrote: »

On that basis I think perhaps £10k-£20k each in TIGT & CGT might be a good place to start. Thanks for the suggestions

When you say, "on that basis", do you mean on the basis that you looked at the list of relatively cautious funds from one poster and those two had roughly the highest returns over a one year period to this weekend?

You did see that the person who mentioned the funds urged you not to take a year in isolation

On a separate note, you mentioned in three separate posts now there are certain funds unavailable through IWeb (Lindsell Train, CG Absolute Return and Troy Trojan) and in one of the posts you said it was unfortunate because you quite liked one of them. But you had opened the thread by saying your £100k was currently in a cash ISA, rather than IWeb. So there's no particular reason why you need to move the money to IWeb and then be denied access to the funds you like.

The standard approach to building an investment portfolio should be to decide what holdings you want to use to meet your objectives and then see where/how is the most efficient place to buy those holdings. Picking a platform that doesn't offer things you want is maybe not the best way to go, even though it's undoubtedly a cheap platform.

Thrugelmir

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!

A pure equity fund will always be more volatile than one with a broader portfolio of underlying investments. Outperformance needs to be measured in years not days. You are not at a casino betting on red or black.

Aminatidi

RomfordNavy wrote: »

Sorry for the confusion. Looks like again iWeb don't allow the Troy Trojan fund but they do have a Troy Spectrum fund.

Having looked elsewhere I find that the Troy Trojan fund has returned 4.33% over the past year.

I would stress I only mentioned options you might want to look at if you want cautious management.

There are lots of others.

Please don't take what I said as some kind of "recommendation"

seacaitch

Based on what the OP has written in this current thread and this similar one from four months ago:
https://forums.moneysavingexpert.com/discussion/5929689/anything-which-didnt-go-down-in-the-oct-2018-crash

...my impression is that their investment mindset, which appears very short term and loss-averse, is far from ideal for someone running their own money over the longer term with exposure to volatile asset classes.

IMO this mindset makes one susceptible to performance-chasing and buying high/ selling low, both (highly) detrimental to long term returns.

My suggestion is that RN either beefs up their knowledge substantially and/or enlists the help of an IFA.