My portfolio below, how would you adjust it so that it has the chance to grow to £400K in 5/6 years,

frugal90

So the ISA portfolio currently looks like this and is valued at £316285 as of yesterday, want to grow to £400K+ in 5 or 6 years-40K max new cash going in?
CTY- 20%
HFEL: 18%
Fundsmith Eq: 11%
JPGI: 18%
JCGI: 4%
Blue whale: 8%
MRC: 3.5%
MNKS: 3.5%
SMT: 4%
SSON: 7%

More in China? More in Fundsmith/SSON?
 We have security in the fact that we will have our teachers pensions, so can accept downside risk.

CTY and HFEL will have to go as they have been dire !

Happy to add some passive like VLS100 or Blackrock Consensus 100

Had some great advice here in the past so looking forward to reading suggestions?

Thanks all!

Thrugelmir

What's JPGI? 

HFEL has a 7% yield and has been increasing every year.  Reinvestment of income is as important as pure capital growth. 

Voyager2002

Investments that have been dire recently might be the ones to show most growth over the next few years. You need a better reason for ditching something.

Alexland

What is the significance of 5 or 6 years? Given the volatility profile of these investments they could be worth £400k by then or even less than you currently have. Stock markets are hard to predict over the short term.

Albermarle

Do you mean £400K in todays money , or just £400K straight?
Obviously the former is harder to achieve because you will need growth around 2/2.5% as an estimate, just to keep up with inflation.

csgohan4

5-6 years is a bit short for investment purposes. What is your strategy, You have alot of active funds I can see. 
no index trackers? Emerging markets? Tech funds? e.t.c? depends on your risk appetite

masonic

As others have alluded to, achieving an investment return over a 5-6 year period is not sufficiently likely at your current level of risk, and if you reduce your risk level to give you more certainty you will probably need to reduce your expectations too. If you are content to risk missing your target in 5-6 years to achieve the best possible outcome in 10-20 years, then perhaps the risk level is appropriate; if you will be cashing in come what may after 6 years, then it probably isn't.

Audaxer

frugal90 said:

CTY and HFEL will have to go as they have been dire !

Most equity income funds have had poor returns recently. Growth funds have performed much better recently, but no guarantee that they will be better going forward. However you do appear to have a fairly high percentage of your portfolio in these two ITs.

frugal90

thanks for all of the contributions, really appreciated

think we will probably sell HFEL and CTY, then top up Fundsmith and buy VLS100 and small amount in China

we will have our teachers pensions so that is our security, we will start to draw from this portfolio in about 5 or 6 years time and plan is to gradually run it down whilst having fun!

[Deleted User]

frugal90 said:

thanks for all of the contributions, really appreciated

think we will probably sell HFEL and CTY, then top up Fundsmith and buy VLS100 and small amount in China

we will have our teachers pensions so that is our security, we will start to draw from this portfolio in about 5 or 6 years time and plan is to gradually run it down whilst having fun!

I had to do a double take on this one, as I am a member of the other forum this is posted as well. (ie had to check my tabs to see which forum I was in)

AnotherJoe

frugal90 said:

thanks for all of the contributions, really appreciated

think we will probably sell HFEL and CTY, then top up Fundsmith and buy VLS100 and small amount in China

we will have our teachers pensions so that is our security, we will start to draw from this portfolio in about 5 or 6 years time and plan is to gradually run it down whilst having fun!

VLS100 is never going to dramatically increase in the way a more focussed fund would.

I'd say add more to SMT and also buy INRG. With Biden in the WH that should grow even more than under the Orange Bufoon.