Anyone invested in Rathbone Global Opportunities / JP Morgan Emerging Markets?

Audaxer

Sea_Shell said:

We've been in Rathbones Global Opportunities for 2 years.  It's going great guns at the moment, at a record high.

I had a look at that fund recently and it does look like a really good growth fund with great returns over the last few years. 

garmeg

Audaxer said:

Sea_Shell said:

We've been in Rathbones Global Opportunities for 2 years.  It's going great guns at the moment, at a record high.

I had a look at that fund recently and it does look like a really good growth fund with great returns over the last few years. 

Yes, it looks interesting and a decent discount at Hargreaves Lansdown too.

Prism

garmeg said:

Sea_Shell said:

We've been in Rathbones Global Opportunities for 2 years.  It's going great guns at the moment, at a record high.

But obviously that could all change in an instant!!!

We de-risked from employee share save scheme.  US based.

However, it is our "last to be touched" money.. so will remain invested for a good while yet.


It represents approx 15% of our overall portfolio.

15% in one fund is quite brave. Wish I had been so brave with Blue Whale!

I see funds like this as just fine for a core holding. I am around 50% in Fundsmith and my wife has 100% of her SIPP in a single Baillie Gifford fund.

Prism

BritishInvestor said:

garmeg said:

Sea_Shell said:

We've been in Rathbones Global Opportunities for 2 years.  It's going great guns at the moment, at a record high.

But obviously that could all change in an instant!!!

We de-risked from employee share save scheme.  US based.

However, it is our "last to be touched" money.. so will remain invested for a good while yet.


It represents approx 15% of our overall portfolio.

15% in one fund is quite brave. Wish I had been so brave with Blue Whale!

https://bluewhale.co.uk/
 "'The philosophy is quite straightforward; we invest into high quality businesses at attractive prices,'"
Says every "outperforming" fund manager in recent years

I would say its the strategy as much as the manager that has helped. Pretty much all of them that have focused on quality growth have been outperforming.

garmeg

Prism said:

garmeg said:

Sea_Shell said:

We've been in Rathbones Global Opportunities for 2 years.  It's going great guns at the moment, at a record high.

But obviously that could all change in an instant!!!

We de-risked from employee share save scheme.  US based.

However, it is our "last to be touched" money.. so will remain invested for a good while yet.


It represents approx 15% of our overall portfolio.

15% in one fund is quite brave. Wish I had been so brave with Blue Whale!

I see funds like this as just fine for a core holding. I am around 50% in Fundsmith and my wife has 100% of her SIPP in a single Baillie Gifford fund.

Wish i had done that. I went mostly with investment trusts to save on fees. Aberdeen Standard Equity Incme and Temple Bar - ugh! Fortunately I have some better ones (15 in total) but I am still down 20% since lockdown, about the same as FTSE100. Only my funds like Blue Whale and Fundsmith are making the loss overall as low as 20%.

Thinking of switching into 100% funds as not impressed with my investment trusts.

Total return may be better for drawdown than spending dividends.

Mistermeaner

The law of averages says whatever is doing well at the moment and recent past is unlikely to do so in the future 

Why not 5k in each and the remainder in premium bonds ?

[Deleted User]

garmeg said:

Audaxer said:

Sea_Shell said:

We've been in Rathbones Global Opportunities for 2 years.  It's going great guns at the moment, at a record high.

I had a look at that fund recently and it does look like a really good growth fund with great returns over the last few years. 

Yes, it looks interesting and a decent discount at Hargreaves Lansdown too.

Probably because it is backed by Peter Hargreaves, which may or may not be a good thing. How much independence does the manager Stephen Yiu have?
Some interesting analysis on the Citywire forums about it.

[Deleted User]

Prism said:

garmeg said:

Sea_Shell said:

We've been in Rathbones Global Opportunities for 2 years.  It's going great guns at the moment, at a record high.

But obviously that could all change in an instant!!!

We de-risked from employee share save scheme.  US based.

However, it is our "last to be touched" money.. so will remain invested for a good while yet.


It represents approx 15% of our overall portfolio.

15% in one fund is quite brave. Wish I had been so brave with Blue Whale!

I see funds like this as just fine for a core holding. I am around 50% in Fundsmith and my wife has 100% of her SIPP in a single Baillie Gifford fund.

I can give percentages but to make it real, I don't like more than £30k in a single IT or actively managed fund unless it is one of the big core passive ETFs/funds in the portfolio. (as an example I have £200,000 in SWDA). I will have to ponder my bias on that.

BritishInvestor

Deleted_User said:

garmeg said:

Audaxer said:

Sea_Shell said:

We've been in Rathbones Global Opportunities for 2 years.  It's going great guns at the moment, at a record high.

I had a look at that fund recently and it does look like a really good growth fund with great returns over the last few years. 

Yes, it looks interesting and a decent discount at Hargreaves Lansdown too.

Probably because it is backed by Peter Hargreaves, which may or may not be a good thing. How much independence does the manager Stephen Yiu have?
Some interesting analysis on the Citywire forums about it.

I'm assuming the discussion is around concentration risk and valuation metrics?

BritishInvestor

Prism said:

BritishInvestor said:

garmeg said:

Sea_Shell said:

We've been in Rathbones Global Opportunities for 2 years.  It's going great guns at the moment, at a record high.

But obviously that could all change in an instant!!!

We de-risked from employee share save scheme.  US based.

However, it is our "last to be touched" money.. so will remain invested for a good while yet.


It represents approx 15% of our overall portfolio.

15% in one fund is quite brave. Wish I had been so brave with Blue Whale!

https://bluewhale.co.uk/
 "'The philosophy is quite straightforward; we invest into high quality businesses at attractive prices,'"
Says every "outperforming" fund manager in recent years

I would say its the strategy as much as the manager that has helped. Pretty much all of them that have focused on quality growth have been outperforming.

Only you can decide how much of it is down to luck, strategy and manager skill, but it's important to emphasise that it's unlikely these funds have been "outperforming" if an appropriate benchmark is used (which is unlikely to be IA Global )
https://bluewhale.co.uk/factsheet