How many funds in a SIPP?

michaels

I have 8x as much and two funds, a global tracker and a money market fund, the latter is only because the damping effect gives a higher SWR given sequence or return risk.  Total fees drag is below 0.2%

Thrugelmir

Does the globamichaels said:

I have 8x as much and two funds, a global tracker and a money market fund, the latter is only because the damping effect gives a higher SWR given sequence or return risk.  Total fees drag is below 0.2%

That's a highly concentrated play on large cap companies. 

redpete

For me, with about £400k, 9 funds work, global equity tracker, global bond tracker, emerging market tracker, property, cash/money market and 4 regional equity trackers. But that's because I enjoy monitoring regularly to get the proportions I want.  A simpler alternative would be a single multi-asset fund

[Deleted User]

For 91k I would have bought a Vanguard multi-asset fund. You’ll get awesome diversification.  The costs could be lowered but its not worth it until the assets grow a bit more, like to 300k. For under 150k Van offers a good deal combined with awesome simplicity. 

Doing charity is great. Everyone should. Not a good idea to mix it with pensions. For one thing, your idea of “responsible “ might be different from the fund’s. 

AnotherJoe

WindInHerHair said:

Hello,
I have just transferred out my pension to a new provider and am in the process of selecting funds to invest in a SIPP. I understand that if I choose too many funds, the pot will be overly diversified. How many funds should I select for a pot worth approximately £91K? Many thanks for any advice.

I have just two in one of my SIPPs which is 5x yours. 

A global equity tracker fund and a global smaller cos fund. 

Split 80/20 though I'm thinking of going somewhere between 70/30 to 50/50. 

Thrugelmir

Top performing indexes for UK investors over the past 25 years (with income reinvested) are the S&P 500 followed by the FTSE MidCap.