How many funds in a portfolio?

danm

Mid 6 figures that was spread across about 15 funds.

If you have a specific circumstance or need ( like Linton) then perhaps 20 makes sense. For me it was the result of not fully appreciating how simplistic a long term investment strategy could be. Simplistic + Low fees = best outcome for me given I am generally short on time m (or can’t be bothered )

HSBC Global Strategy
VG Global Small Cap
Henderson Property

Thrugelmir

Across my SIPP and ISA no funds. Currently hold 15 investment trusts plus 23 other shareholdings of varying types.

fjh

OldMusicGuy wrote: »

I'm definitely an average investor and I have a large DC pot spread over 3 multi-asset funds. So I'm actually investing in multiple underlying funds.

I started off with an advised portfolio of around 17 funds but the more I read about passive investing I realised that was not for me.

The issue we see a lot on here is that a lot of DIY investors end up with a ragbag of funds because they just accumulate them over time and often there isn't a clear strategy behind them. My adviser put together a portfolio of single sector funds with a clear strategy behind them but I realised that for me, a cheaper, simpler portfolio of multi-asset funds was a much better fit for my goals and investing style.


I don't think the analogy works well for Vanguard. However, IMO it does work well for the like of the HL Multi Manager funds, which are best avoided.

Please could I ask which 3 multi asset funds you use.? Thanks

aroominyork

Instead of 'how many funds', maybe think of the minimum percentage of your portfolio in any one fund, since if you have too little it will have an immaterial impact on your returns. I work to a rule of no fund being less than 4% of my total investments and/or total equities. I am currently mostly invested in equities, so the rule means I can hold bond or mixed asset funds which contain few equities, and as I gradually de-risk I can hold equity funds that are less than 4% of my total investments.

Apodemus

Gadfium wrote: »

The hours must fly by in your house.....:p;)

Well this is MSE, so you would expect to find folks who are [Strike] tighter than a rat’s @#£&[/STRIKE] keen on getting the best prices!

MK62

Apodemus wrote: »

Well this is MSE, so you would expect to find folks who are [Strike] tighter than a rat’s @#£&[/Strike] keen on getting the best prices!

:rotfl:......made me chuckle that!

OldMusicGuy

fjh wrote: »

Please could I ask which 3 multi asset funds you use.? Thanks

I don't like to reveal them online because I don't want loads of "why did you do that" or "you must be mad" type posts. You need to make your own decisions about the funds you will use.

However, they are all from the "popular" multi-asset funds that are commonly mentioned on here: BlackRock Consensus, HSBC Global Strategy, L&G, Valnguard Lifestrategy (I chose three different funds from those four providers).

Within my invested funds I maintain around a 50/50 equity/bond split. I use the Morningstar X-ray tool to analyse the underlying holdings to monitor that as well as the global allocation. I occasionally rebalance by moving funds around between the three to maintain the split.

I am also holding a lot of cash as I recently retired and am drawing down, and am concerned about pound-cost ravaging in the short term. I therefore make my cash a specific percentage of my assets. The funds had all done so well recently (due largely to the falling pound) that I moved a chunk into cash to maintain my percentage split.

fjh

OldMusicGuy wrote: »

I don't like to reveal them online because I don't want loads of "why did you do that" or "you must be mad" type posts. You need to make your own decisions about the funds you will use.

However, they are all from the "popular" multi-asset funds that are commonly mentioned on here: BlackRock Consensus, HSBC Global Strategy, L&G, Valnguard Lifestrategy (I chose three different funds from those four providers).

Within my invested funds I maintain around a 50/50 equity/bond split. I use the Morningstar X-ray tool to analyse the underlying holdings to monitor that as well as the global allocation. I occasionally rebalance by moving funds around between the three to maintain the split.

I am also holding a lot of cash as I recently retired and am drawing down, and am concerned about pound-cost ravaging in the short term. I therefore make my cash a specific percentage of my assets. The funds had all done so well recently (due largely to the falling pound) that I moved a chunk into cash to maintain my percentage split.

Fully understand- but thank you for ‘steer’

Afraid_of_Kittens

I have 7 funds in my Legal & General S & S Isa.

UK Index Trust 20%
US Index Trust 15%
Global Technology index Trust 15%
Emerging Markets index Trust 10%
Emerging Markets Government Bonds Local Currency 10%
International Index Trust 20%
All Stocks Gilt Index 10%

(All R Accumulation)

Every month I pay £50 per fund. I rebalance a few times a year. If a fund plummnets in value - I buy more.

I was going to add Pacific Index Trust and Japan Index Trust for a bit more of geographic spread.

talexuser

OK, I'll bite.

ISA, 10 Funds, 4 OEICs, 6 ITs, one of those capital preservation, each ~50k.

Unwrapped, 15 funds, 1 OEIC, 11 ITs, three of those capital preservation, 3 ETF world sector trackers, each ~50k but trackers and capital preservation up to 70k.

I had a random figure of max 50k in any one fund, but have 3 duplications in ISA and unwrapped of the best current active performers. One of each fund in ISA and unwrapped is a greater punt without a history yet (Smithson and Evenload Global).

Unwrapped are sold and rebought each tax year to the CGT limit and transferred into the ISA limit.

No specific bond funds except those funds which have whatever proportion of bonds in their makeup.

Basically there aren't enough long term success active funds justifying their fees left to take a punt on, so trackers have been included the past 5 years or so.

SIPP can only be funded from unearned income with 1 OEIC and just taken out for the tax relief, ~30k.

Each total portfolio is doing better than Lifestrategy 100% over 5 years which is my arbitrary benchmark which I have in the daughters ISA for the grandkids, but "hopefully!" have less volatility than the Lifestrategy come the next crash.