What % of your portfolio is in UK stocks?

[Deleted User]

MK62 wrote: »

You are being very selective.....for instance, in the 3 years before the referendum, the FTSE AllShare was up about 9%, while the S&P500 was 36% up, and the Nikkei about 24% up....also "glaring"......so does this mean being in the EU was bad?

Call me old fashioned, but I thought it apt to measure the effect of one thing on another in chronological order: Shakespeare's influence on Pinter rather than Pinter's influence on Shakespeare.
But it is true, for example, that the threat of Brexit was already weighing negatively on £ before the referendum, insomuch as most (not all) currency traders rated the probability between 15% rising to 25%.
In any case, I don't think MK62's prior stats, on their own, inspire much confidence in UK stocks.

BLB53

Currently zero due to higher risks posed by high weighting of oil stocks such as Shell and BP in FTSE 100. We have a climate emergency and big institutions such as pension funds are divesting from fossil fuels.

Thrugelmir

ZingPowZing wrote: »

Certainly having an effect on your investments, though.

I have UK listed investments that are performing extremely well.

eskbanker

BLB53 wrote: »

Currently zero due to higher risks posed by high weighting of oil stocks such as Shell and BP in FTSE 100. We have a climate emergency and big institutions such as pension funds are divesting from fossil fuels.

While it's an undeniable mathematical fact that those big oil stocks do indeed comprise about 16% of that particular UK index, it seems a bit extreme to consciously avoid all investment in the UK on that basis!

Do you make specific efforts to filter out this industry from all of your other investments?

I'm not looking to rehash the entire debate about this in the recent Avoiding Oil stocks in a FTSE tracker thread though, just genuinely curious about the practicalities of avoiding an entire industry when constructing an otherwise diversified global portfolio, and the distorting effect this has if it can't be done without omitting a complete market....

Thrugelmir

BLB53 wrote: »

Currently zero due to higher risks posed by high weighting of oil stocks such as Shell and BP in FTSE 100. We have a climate emergency and big institutions such as pension funds are divesting from fossil fuels.

Ethical mining is going to have a huge impact on the cost of raw materials in a spectrum of industries.

green_man

I will be aiming for about 25% uk in by Pension investments.

I will be using HSBC Global Strategy (balanced) which is currently around 6% uk but is not a fixed amount. I will hence supplement this with a FTSE250 tracker (or similar) to increase uk weighting.

newatc

I have checked my portfoloio and the UK stocks (in my funds) represented 25% which I feel, rightly or wrongly, fairly comfortable with though will probably edge lower at next review.

dividendhero

Very easy to see how Brexit can end in failure for UK PLC, but very hard to envisage how it'll be a success.

Speaks volumes that the only people talking up Brexit these days are politicians

BLB53

Do you make specific efforts to filter out this industry from all of your other investments?

I prefer index funds but I am struggling to find any that do not contain fossil fuel stocks which is why I have zero FTSE in my portfolio, and zero index funds globally so I have reverted to climate friendly managed funds and also several renewable energy trusts. I also like the look of some individual shares but these are higher risk so will probably pass.

I have concluded that holding these oil stocks such as Shell and BP in a global or UK index fund is not compatible with the demand from the IPCC to reach net zero carbon emissions by 2050 and I think these fossil fuel companies are blocking progress.

eskbanker

BLB53 wrote: »

I prefer index funds but I am struggling to find any that do not contain fossil fuel stocks which is why I have zero FTSE in my portfolio, and zero index funds globally so I have reverted to climate friendly managed funds and also several renewable energy trusts. I also like the look of some individual shares but these are higher risk so will probably pass.

I have concluded that holding these oil stocks such as Shell and BP in a global or UK index fund is not compatible with the demand from the IPCC to reach net zero carbon emissions by 2050 and I think these fossil fuel companies are blocking progress.

To me it's fair enough to steer clear of oil stocks if you have a genuine ethical objection to them, but if you're simply taking the view that they're bad news from a purely financial perspective, how do you reconcile your consequent active management strategy with the sentiments expressed in your signature?