Core funds to add to VLS/HSBC Balanced

Shocking_Blue

AnotherJoe said:

In any case I think you'd be far better off to increase the satellites - energy, health, smaller cos, etc

Yep, probably a better idea.
Any thoughts on EM and smaller funds? Had considered Health but the comments I'd seen on this area seemed to suggest ultra high risk. Again, any pointers appreciated...

eskbanker

Shocking_Blue said:

eskbanker said:

Shocking_Blue said:
I guess I was trying to stay safe with getting more Turkey, but trying to add a bit of variety by looking for one that had some parsnips that my existing meals didn't have.

In which case buy some parsnips, not another full ready meal that happens to have a small quantity of parsnips in it!

That makes sense, but I don't want 40K worth of parsnips

Nobody's suggesting you buy lots of parsnips!  Just buy enough to fulfil your allocation aspirations and bump up your existing core holdings with the rest of the money....

csgohan4

Shocking_Blue said:

AnotherJoe said:

In any case I think you'd be far better off to increase the satellites - energy, health, smaller cos, etc

Yep, probably a better idea.
Any thoughts on EM and smaller funds? Had considered Health but the comments I'd seen on this area seemed to suggest ultra high risk. Again, any pointers appreciated...

https://www.hl.co.uk/shares/shares-search-results/w/worldwide-healthcare-trust-plc-ordinary-25p
Is on my shortlist and has done consistently well, but I am sure there are others. 

Shocking_Blue

eskbanker said:

Shocking_Blue said:

eskbanker said:

Shocking_Blue said:
I guess I was trying to stay safe with getting more Turkey, but trying to add a bit of variety by looking for one that had some parsnips that my existing meals didn't have.

In which case buy some parsnips, not another full ready meal that happens to have a small quantity of parsnips in it!

That makes sense, but I don't want 40K worth of parsnips

Nobody's suggesting you buy lots of parsnips!  Just buy enough to fulfil your allocation aspirations and bump up your existing core holdings with the rest of the money....

Yep, ok.
Guess what I really should have asked for is tips for parsnips, pudding and bubbly.
EM, small cap and possible health seem to be options.

AnotherJoe

Shocking_Blue said:

AnotherJoe said:

In any case I think you'd be far better off to increase the satellites - energy, health, smaller cos, etc

Yep, probably a better idea.
Any thoughts on EM and smaller funds? Had considered Health but the comments I'd seen on this area seemed to suggest ultra high risk. Again, any pointers appreciated...

Why would health be "high risk" let alone "ultra high" ? It's something that is bound to see increased spending as overall affluence increases, aside current considerations where spending on health will again increase. Can you point to where someone has said health is ultra high risk? ("Ultra high"? Seriously?  )
im guessing you misinterpreted something like bio science as being health. Health is much wider than that, from fancy dan drugs and cat scans through to bandages and paracetamol. 

Shocking_Blue

AnotherJoe said:

Shocking_Blue said:

AnotherJoe said:

In any case I think you'd be far better off to increase the satellites - energy, health, smaller cos, etc

Yep, probably a better idea.
Any thoughts on EM and smaller funds? Had considered Health but the comments I'd seen on this area seemed to suggest ultra high risk. Again, any pointers appreciated...

im guessing you misinterpreted something like bio science as being health. Health is much wider than that, from fancy dan drugs and cat scans through to bandages and paracetamol. 

Yep. Correct. It was in fact Biotech. Apologies for error.

Audaxer

Shocking_Blue said:

csgohan4 said:

those two funds do overlap as will they will do with your core funds as well. Have you looked at your portfolio, and xrayed to see where you lacking in? 

Maybe EM, Small caps or even tech? There is no such thing as less risky in satellite funds, unless your investing in gilts. All investments carry a risk

What other funds do you hold?

Thanks.
Had the idea of more EM and small caps but was unsure of which fund (perhaps in addition a bit more in a tech fund - Allianz Technology Trust (ATT) (another 8% or so))
Current funds:
VLS 60 & 80
HSBC Global Balanced
BMO Responsible Global Equity Fund
L&G Global Technology (8% of portfolio)

As others have said no point in adding different funds to the core VLS and HSBC funds. As the core funds already give you a balanced portfolio I would also be a bit wary about adding too many satellite funds. As an example you have added 8% in a global technology satellite, so why add another 8% tech with Allianz Technology Trust. Especially as the VLS and HSBC multi asset funds already have percentages of tech included in their balanced portfolios.

Shocking_Blue

Audaxer said:

Shocking_Blue said:

csgohan4 said:

those two funds do overlap as will they will do with your core funds as well. Have you looked at your portfolio, and xrayed to see where you lacking in? 

Maybe EM, Small caps or even tech? There is no such thing as less risky in satellite funds, unless your investing in gilts. All investments carry a risk

What other funds do you hold?

Thanks.
Had the idea of more EM and small caps but was unsure of which fund (perhaps in addition a bit more in a tech fund - Allianz Technology Trust (ATT) (another 8% or so))
Current funds:
VLS 60 & 80
HSBC Global Balanced
BMO Responsible Global Equity Fund
L&G Global Technology (8% of portfolio)

As an example you have added 8% in a global technology satellite, so why add another 8% tech with Allianz Technology Trust. Especially as the VLS and HSBC multi asset funds already have percentages of tech included in their balanced portfolios.

Yep, thanks. Saw that tech exposure in VLS and HSBC. I think in general it was just wanting to have a little bit of diversity. I know that's what the VLS and HSBC give in one package, but just looking to add additional sectors/regions. Also, was wary about having all investments in just a couple of funds, but presumably that would not be an issue, bearing in mind what contributors have said.

coyrls

"Diversity" is probably not the right word, what you are actually doing is increasing concentration in selected areas.

badger09

Not to mention risking severe indigestion