Good funds to invest

firestone

Lama_glama wrote: »

First of all a big thank you very much for all the suggestions and support. I have taken my time to reply as I have read a lot this weekend to get clearer ideas.


Hi firestone, I have double checked and I confirm that unfortunately with Fidelity there is a 4% entry fee to buy Lindsell Train Global Equity. This is a pity as I like the fund and I have seen that other major providers are not charging the fee. I will sadly pass on this fund. (PDF link below. The fee is at the second page of the document).

https://www.fundslibrary.co.uk/FundsLibrary.DataRetrieval/Documents.aspx/?type=point_of_sale&id=dda46744-6dc8-42a4-9bb9-4343a8c81c16&user=PvT3AyFF%2bdj7WbZ1Iql%2fLbQ%2bbcpSygy669Tgc1SloE0%3d&r=1


Hi Aminatidi, yes I am confortable holding equities only. I do not plan to touch the invested money for a very long time. (Unless something big in life happens of course).


bowlhead99 thank you very much for your long post which is very helpful. Yes the idea is growing my SIPP and ISA over the long term, and to do not sell the funds I have (unless they perform badly for a prolonged period of time).



I have decided that for now I am going to invest 10k into the Scottish Mortgage trust.



I am still looking for other funds to invest in. What do you think of Rathbone Global Opportunities Fund?



I am at the moment examining the following options for the remaining 10k allowance:



- another 10k into Fundsmith
- 5k Baillie Gifford Global Income Growth Fund and 5k Rathbone Global Opportunities Fund
- another 5k into Fundsmith and another 5k into Scottish Mortgage trust.

Any ideas/feedback/new funds to invest in is very appreciated.


Thanks again for the help.

Still think Fidelity don't charge a 4% fee - within your link to the KID it mentions the fee but in the box next to it you can see it mentions in most case's you will not pay a entry or exit fee depending on the platform.
As you can see in the link from Londoninvestor Fidelity charge 0.71% but have no fee for entry as it is waived (at least that's how i see it)

Lama_glama

Thank you so much!! I think you are right! It is clearly stated that the Fact sheet that the Fund provider buy charge is 0%.

My bad I jumped right at the PDF, I saw 4% and I did not read the whole piece of information. I will definitely invest into this fund. Thanks again for the help.

firestone

Lets hope it does better then your second choice then:)

Reluctantpensioner

Fidelity charged me no entrance fee to buy LTGE.
(No, it wasn't hidden by reduced shares)

The KIID issued when I bought is the same as yours: it is a generic one by Lindsell Train for all customers.

(I agree this is not good communication - not sure it's Fidelity's fault - I suspect by law they have to include the KIID unchanged).

Reluctantpensioner

My thought is you might want to consider get a bit more diversification by adding something in the Aggressive Allocation class.
BTW: all the funds you hold are considered "supportive" by morningstar, you might want to add something "core".
I hold all three of these, but as a small percentage of my portfolio.

Lama_glama

Perfect I have called Fidelity which has confirmed there is no entry charge fee to pay to buy the Lindsell Train Global.



* Reluctantpensioner any ideas?


Many thanks.

777Steve

I’ve also done well from Fundsmith and it continues to be my largest holding (12% of my ISA)
I diversify over 23 funds which is maybe a little excessive. Here’s some of my other favourites...

Baillie Gifford Global Discovery
Baillie Gifford American
Jupiter European
Jupiter India
Buffetology UK
Vanguard LifeStrategy funds

I also have a few Japan funds and a few Asian funds which have done well.

Another option is to just google “most popular funds” and you will see lists of the most bought funds in the uk over previous months. Fundsmith is usually top and most of my choices above appear most months.

Steve

Thrugelmir

777Steve wrote: »

Another option is to just google “most popular funds” and you will see lists of the most bought funds in the uk over previous months. Fundsmith is usually top and most of my choices above appear most months.

Which could be an indication is that the party is drawing to a close. Investors love to chase the latest fad.

Prism

Thrugelmir wrote: »

Which could be an indication is that the party is drawing to a close. Investors love to chase the latest fad.

I'm not sure if investing in pretty boring global mega caps is classed as a fad. Fundsmith (and many other funds like it) will stop doing well, when the companies it invests in it stop doing well. There are a few highly valued stocks in the mix will may well drop pretty heavily when the 'party' is over but there are plenty of defensives in there to pick up the slack.

Aminatidi

Thrugelmir wrote: »

Which could be an indication is that the party is drawing to a close. Investors love to chase the latest fad.

What's the "fad" with the likes of Fundsmith and Lindsell Train?

I could get it if it was BitCoin but Hineken, Unilever, Diageo, Novo Nordisk, Estee Lauder.

They don't seem especially "faddy".