F and c investment trust

Pikeman1

Not asking for advice but just wondered what peoples thoughts are on f and c investment trust now bmo. Already have around £40000 in it. Have some cash ready to invest and thinking about topping it up. Do people think it's still a good long term investment

Reaper

I like it but is that your only investment? It's best not to put all your eggs in one basket.

Pikeman1

No I have other various investments. Vanguard fundsmith etc. Also a flat i rent out which gives a small return. Thank you for your reply.

AnotherJoe

Pikeman1 wrote: »

Not asking for advice but just wondered what peoples thoughts are on f and c investment trust now bmo. Already have around £40000 in it. Have some cash ready to invest and thinking about topping it up. Do people think it's still a good long term investment

I have some money in this too so obviously think it's OK but whether to top up or not would be determined by what your overall financial position and other investments is.
For example there's another investment I have and I have some spare cash to invest but decided not to top that up as I have a fair % in it already. If I'd have had much less I'd have bought without hesitation.

Pikeman1

I do have a decent percentage overall in it I suppose. I do have quite a large amount in cash in Marcus which I would like to get invested. F and c does seem a decent long term investment done well in the past although of course not guaranteed. Thanks for your thoughts

Thrugelmir

Some years ago used this fund as a cornerstone of my portfolio. As provided a broad range of investments under the one umbrella. Once one portfolio grew to a targetted size. I then started to broaden my portfolio with more esoteric holdings. Have to add that it used to trade at a sizable discount back then so had an added benefit.

atush

I have had an acct with them for maore than 2 decades. Split between FCT and the private equity trust.

I like it, and still use it. Nearly 3 figures now.

MarkCarnage

As others have said, F&C is a good all round generalist IT, and I hold it in our portfolio. However, probably good to diversify by including one or more other ITs/funds either with a different management style or different investment remit.

If you subscribe to the view that we are in late cycle for most asset classes, then using a trust with a capital preservation bias might be a worth thinking about.

Other themes that might be pursued depending on your needs and views could be equity income or a more growth focused approach. I would caution against going too specialist unless you are prepared to up your research input and keep closer tabs on it.

Pikeman1

Thanks for the replies. I've also been in fc t about 20 years so I must be comfortable with it. Just nice to get other investors views.

bowlhead99

Pikeman1 wrote: »

Have some cash ready to invest and thinking about topping it up. Do people think it's still a good long term investment

Pikeman1 wrote: »

F and c does seem a decent long term investment done well in the past although of course not guaranteed.

It has been a decent long term investment and there has not been a recent major change of strategy at F&C to stop it being a good long term investment. Presumably if you have £40k in it you read the reports they produce from time to time to tell you what they are doing with the money.

However, there are loads of good long term investments, so ask yourself why this particular one deserves your next 'top up'?

Most people investing in investment funds would buy more than one of them - a broad portfolio. If all the different investment types you want (international company shares, bonds, commercial property etc) are covered by your other funds plus F&C, maybe there is no need to look further than what you already have, and it is fine to keep sticking more money into it.

You will have seen that some years it did well and others not so well. If you were watching it last year, it started to go up nicely and then lost about 16% from early August to Christmas. In 2008 it lost about 35% from September to the following March. From September 2000 to October 2002, it lost about 45%. So, it can be a bumpy ride.

If you are still holding for the long term (another couple of decades) it will probably be fine. If you are reaching a point in your life where you don't want to watch it fall 30-60% again, you might consider instead putting your money into something with less potential to grow and fall so quickly.

If you already have other funds covering different types of investment categories, it's probably fine to keep adding to it from time to time, but at some point you will presumably want to stop accumulating and start spending in retirement. However, retirement may be several decades long, so there's no need to avoid things that are suitable 'long term investments', as long as you also have things that are good in the short term and medium term too.

Pikeman1

Thanks bowlhead for making those points. I'm 62 so creeping up to retirement. Have a small window cleaning business. Have no intention of stopping work unless due to health reasons, which I suppose could happen to any one at any age. If the worst happens could sell the round or even rent it out bringing some income. Still looking long term investing but may be I'm over optimistic. Thanks for the input