Growthy Funds Required for Pot > LTA

ffacoffipawb

i have done a part transfer of my Aviva works pension to Hargreaves Lansdown.

It will likely all be subject to LTA tax when crystallised so I am going to leave it until I am 75 in 20 years time, unless I croak first.

Anyway, I wish this to be speculative with 10 - 15 funds in total. Equal split in cost for aesthetic purposes.

I have selected 4 already ...

Fundsmith
Blue Whale Growth
Lindsell Train UK Equity
Lindsell Train Global Equity

I have gone for income units to pay Hargreaves Lansdown's platform fees.

The cashback outside of the pension is a nice £500. Main motivation was a better choice of funds, even if my costs will be higher.

(I would have transferred to A J Bell Youinvest but they combine crystallised and uncrystallised funds in one pot, which I don't like and which makes different investments between the two notional pots tricky without very regular rebalancing)

Anyway, does anyone have any suggestions for other funds that would compliment these four?

We are talking about £150,000 in total here so £10,000 to £15,000 in each fund, depending on number. It is about the quarter of the size of my crystallised pot which is invested in 13 different income generating investment trusts and is reasonably stable (aka is going nowhere).

Thanks

EDIT: What remains with Aviva is their version of Baillie Gifford Managed.

Marcon

Attitude to risk....and types of risk you are comfortable with?

ffacoffipawb

Marcon wrote: »

Attitude to risk....and types of risk you are comfortable with?

On a par with my four current choices above. Maybe 5 out of 7 on the risk scale, maybe one 7 amongst the choices?

As the government will take at least 40% of the proceeds when crystallised I may as well get as much as I can out of this money.

I am still paying into my employer scheme, which may seem silly above LTA but I want to be sure we have enough for retirement.

SeniorSam

Also with HL Sipp and have Smithson and Buffettology in addition to your with the exception of Blue Whale, which I am considering. The best returns so far have been LTGE at 25.32% and Smithson at 26.45, but rather heavy % into LTGE as I like the way Nick Train thinks.

squirrelpie

Anyway, does anyone have any suggestions for other funds that would compliment these four?

In general, and on the HL platform in particular, I prefer to use investment trusts and ETFs rather than funds for the main part. So LTI instead of LTUKE and LTGE.

bowlhead99

squirrelpie wrote: »

In general, and on the HL platform in particular, I prefer to use investment trusts and ETFs rather than funds for the main part. So LTI instead of LTUKE and LTGE.

Lindsell train is allocated hugely differently to the OEICs though. Well over half of the share price is the trust's investment in the LTI management company. So, even though you save on the platform fee by using the investment trust structure, it's not one for 'widows and orphans'!

As the OP has the objective of investing in a '7 out of 7' on the risk scale, he'd certainly get that or more with LTI, but the time to do it was really before the trust started trading on such a premium to the declared NAV of the trust assets.

If speculative is the name of the game, and 7 on the risk scale is OK, one obvious one which usually gets a mention for 'concentrated portfolio, tuck it away for the long term' would be Scottish Mortgage.

AnotherJoe

TRIG / INRG. First is active, second is passive (index fund).
Both are wind, solar, and related investments.
That area has got to be a slam dunk for the next 20 years.


p.s many other investments in this area are available. These are just two i have, quite different in outlook and operation for diversification.

LHW99

LTI has been heading south for the past week, though a little better again today. Probably from reevaluation of the LTI management company after HL removed the OIEC's from their "Wealth 50" after the Woodford tangle.

MPN

You could consider Jupiter European Opportunities for growth in Europe, Baillie Gifford Shin Nippon for Japanese Smaller Companies and in the specialist are Allianz Technology Trust if you feel tech is an important part of your growth funds.

ArchBair

Have to totally agree with bowlhead and MPN on their choice of IT's but all obviously high risk. If you wanted to hold another specialist fund other than tech then maybe you should consider healthcare? I hold IBT (International Biotechnology Trust) which has done pretty well over quite a long period but also pays a decent dividend?