Lindsell train global equity

Thrugelmir

itwasntme001 wrote: »

I hold some of my portfolio in LT and FS. Never did sell them as i am sticking with them long term as i do like their strategy as part of my wider portfolio. If anything this sell off gives me a chance to transfer over the positions outside tax-wrapper into my ISA without incurring capital gains tax.

I hold FGT. Which in itself has a sizable holding in HL. Besides duplicating some of the core holdings in the global equity fund.

TBC15

Let’s not forget LF Blue Whale, it’s also succumbed to gravity lately.

Thrugelmir

TBC15 wrote: »

Let’s not forget LF Blue Whale, it’s also succumbed to gravity lately.

Interesting. Again a connection to HL. Though a comment left made me smile.

I have invested in this fund around a year ago, very different style to Lindsell Train , and Fundsmith, if it’s backed by Peter Hargreaves that’s a pretty good indication of its potential.

Scarpacci

Blue Whale and Fundsmith to a lesser extent will be affected by a shift in tech stocks away from the high-multiple services and software companies to supposed "value" stocks like the semiconductor companies. It's the same growth to value shift that seems to be affecting other parts of the Fundsmith/LT investment universe.

iglad

I am invested in LT Global and Fundsmith and both funds appear to have a wiped out my gains which have almost disappeared.

No need to panic as they are long term but will be keeping a close eye on both funds.

Prism

Over the last 3 months LTGE (and Fundsmith and Blue Whale) have dropped more severely than the world index. However for the 3 months before that they went higher. So over the last 6 months its all about even. Nothing to see here, except for an example of what might happen again if value beats quality for a period of time.

Sailtheworld

ruperts wrote: »

According to trustnet its performance over 3 years ranks it 1st out of 279. Over three months it's ranked 299th out of 330. Wonder how many people invested purely on the basis of the former and are now scratching their heads about the latter.

All of them bar the two people who were actively seeking a fund with 40% in beverages and media.

bowlhead99

iglad wrote: »

I am invested in LT Global and Fundsmith and both funds appear to have a wiped out my gains which have almost disappeared.

No need to panic as they are long term but will be keeping a close eye on both funds.

Yes they're well on the way to wiping out their gains at the moment

arwain

iglad wrote: »

I am invested in LT Global and Fundsmith and both funds appear to have a wiped out my gains which have almost disappeared.

No need to panic as they are long term but will be keeping a close eye on both funds.

I've just been reading on the Monevator web site that the MSCI World ETF has produced an annualised growth rate of 12.1% over the last 10 years. Would be nice if this would continue for the next 10 years but who knows.

Here are the details https://monevator.com/

Sailtheworld

bowlhead99 wrote: »

Yes they're well on the way to wiping out their gains at the moment

That's how the funds are doing - not their investors.

Retail investors buy based on past performance, best buy and trustnet tables so they're always late to the party (and first to leave).