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Sipp - Funds

What is the minimum number of funds that you have used to set up and run your Sipp successfully?

Is it possible to run a Sipp successfully with as few as two or three funds?

Which type of funds did you choose and why did you choose them?

Comments

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    Just read many of the current threads here and in the investments forum on what investments to put in a SIPP or ISA.
    And yes one would be fine.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hold enough funds to provide a diversified uncorrelated portfolio. Such that even in a "bad" period the portfolio will perform relatively well. Focus on your long term goals and don't get caught up in short term underperformance. There'll always be sometging which has performed better than what you are invested in.
  • dunstonh
    dunstonh Posts: 120,535 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    What is the minimum number of funds that you have used to set up and run your Sipp successfully?

    one.
    Is it possible to run a Sipp successfully with as few as two or three funds?
    Yes. Although it really does depend on the funds used. Quantity is not an issue. Quality should be.
    Which type of funds did you choose and why did you choose them?

    It depended on the strategy being used, knowledge of the consumer, amount invested and overall objectives. So, ranged from 1 fund through to 12 funds.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • OldMusicGuy
    OldMusicGuy Posts: 1,768 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Three to run a large DC pot. All low cost multi-asset, chosen to give balanced geographic coverage and the desired balance of equity/non-equity investments.
  • Prism
    Prism Posts: 3,856 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Lots of ways of doing it. A few ideas. They could be active or passive funds
    1. A single low cast multi-asset fund
    2. An all world equity fund and a global or local bond fund
    3. A global equity fund, an emerging markets fund and a global or several regional small cap funds - plus a bond fund
    4. Multiple regional funds and separate bond funds.
    .
    Personally I use option 3 - all active funds at the moment
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