How many funds?

Powerful_Pierre

If I had £50,000 to invest in unit trusts/OEIC's how many would you buy into with this amount of money? What would your breakdown of spread be? All ISA allowances have been used

Aegis

I'd be looking at a minimum of 15-20 personally, and with my risk profile would be looking to have a reasonably significant emerging markets and specialist holding backed up by some slightly less risky global growth funds and then backed up even further with some UK equity and fixed interest funds.

At this time I might even consider holding some of it back as cash to inject in as the markets drop.

Browntrout_2

Minimum of 10 Funds I'd say.

Alternatively you could go large on a Fund of Funds in the Active Managed sector.

Jupiter Merlin range for instance, they move the fund allocation around based on their investment aims and have access to closed funds.

Hargreaves Lansdown have three Multi-Manager funds.

M&G although I think they only use other M&G funds.

You are paying fees on top of fees though.

dunstonh

10-15 funds sector allocated with percentages to suit risk profile.

The actual quantity of funds would depend on your skills and knowledge and where and how you want to invest. It could actually be less if you have limited experience and knowledge. It could be a lot more if you want pockets of exposure in specialist areas.

jamesd

I'd go with a regional and sector allocation and probably end up with ten to twenty different funds. Here are a couple of sample allocations from one of the providers (from earlier this year, may have changed now).

First Watson Wyatt for risk level 9 out of ten on a funds-only scale, assuming investing inside a tax wrapper:

sector/amount		%
UK Fixed Interest	6	
UK Equity		42	
North American		13	
European		13	
Japanese		8	
Far East Ex Japan	5	
Emerging Market	Equity	5	
Global Specialist	8	

For risk level 6:

sector/amount		%
UK Fixed Interest	19	
UK Property		22	
UK Equity		25	
North American		9	
European		9	
Japanese		5	
Far East Ex Japan	3	
Emerging Market	Equity	3	
Global Specialist	5	

Outside a tax wrapper property might be more interesting than fixed interest because of the taxation of the interest.