Where and how to invest £200k - platform and fund choice, given a certain risk appetite

csgohan4

For a defensive fund with a mixture of bonds I suggest:
https://www.hl.co.uk/shares/shares-search-results/p/personal-assets-trust-plc-gbp12.50-ord
as well as Capital gearing trust as well, also consider Troy Torjan

if your coming to retirement, you would also need to consider have funds which provide income as well, such as CTY

Another_Saver

dunstonh said:

In terms of selecting Vanguard and not HSBC, its because Vanguard sticks to set allocation rather than HSBC  which flexes the allocation depending upon the manager and introduces a level of human bias.

HSBC is risk targetted.  It makes adjustments to sit within the same volatility range.   Vanguard does also make periodic changes as well.  But not on a risk targetted basis or as frequently.  Its allocations are managed and not passive.

A bit more worrying how to hold the funds - does it mean that its a max of £85k per fund, so I have to do say £80k, in the 60:40, 80:20 and then the balance in another fund or through ii?

Its £85k per fund house. Not fund.

Both are managed to an extent, that's the classic straw man argument that "passive isn't really passive". Both engage in corporate governance, make decisions about how frequently to distribute income, rebalancing, whether to hold a global equity and global bond fund or use a combo regional funds, which indices to track, whether to include ITs and REITs, junk bonds etc. You're suggesting there is an achievable ideal of pure passive investing, which doesn't exist.

mark13

In this volatile period drip feeding makes sense, though with that amount and dripping only £5K it will take a few years. I'd be inclined to increase that and to add more on market dips.  Iweb is also a good low cost choice 

Another_Saver

mark13 said:

In this volatile period drip feeding makes sense, though with that amount and dripping only £5K it will take a few years. I'd be inclined to increase that and to add more on market dips.  Iweb is also a good low cost choice 

It's always a volatile period. No-one knows what the future holds and the maths is that 2/3 of the time you're better going all in at once. I agree tho re: doing much more than £5k a month.
Also if the OP does drop feed then set it up automatically otherwise you'll run into these same worries every month.

Alexland

Another_Saver said:

It's always a volatile period. No-one knows what the future holds and the maths is that 2/3 of the time you're better going all in at once. I agree tho re: doing much more than £5k a month.

It's the old "something that generally goes up will spend most of it's time near the top" problem.

Albermarle

if your coming to retirement, you would also need to consider have funds which provide income as well, such as CTY

I thought that nowadays many people just sell investments when they need income, so no specific need for an income fund .

Although of course there is no problem doing it that way if you want , but it is not a necessity.

[Deleted User]

apollo9 -  If you believe £200k invested today should be worth more in March 2024, invest the whole lot now. 
The value of your investment could be less (03/2024 corresponds to the last month of drip feeding into the market, if you start now) but the longer the time-frame, the longer the odds.

csgohan4

Albermarle said:

if your coming to retirement, you would also need to consider have funds which provide income as well, such as CTY

I thought that nowadays many people just sell investments when they need income, so no specific need for an income fund .

Although of course there is no problem doing it that way if you want , but it is not a necessity.

It's one way to split the risk of your investment, I like Lintons split of Growth, income and wealth preservation, with the latter 2 more defensive.

Certainly something I will do as I approach retirement. Simple but effective strategy.

You wouldn't have much investments to sell if they bombed, then your stuck with no income other than taking a huge loss

apollo9

bloody  hell my comment got lost!
Retirement is about 7-10 years away. I would rather have a small return, than no return and in theory, any downs will hopefully be offset by gains.
In terms of drip feeding, I understand that I am better off investing in larger lump sums. I realise it maybe better to go in big, but it just makes me feel better to do it in lump sums - about 4-5.
I aimed for those funds for the following reasons:
1. Its an automatic balanced portfolio given a certain amount of risk. So they are multi-asset funds, with a low level of management and low fees. They seem to have done OK historically but then everything has gone up historically, sigh
2. I based my judgements upon the monevator sight and from lurking on this forum. I realise there are others so will take a look at the ones mentioned about. 
I do have an idiots question in that  - would I not be better off say putting £70k in HSBC Global Strategy Balanced  £70k, in the Vanguard 60:40, £60k in Fidelity Multi Asset Allocator (although having taken a bath on the special situations funds, feel a bit nervous about them), 

apollo9

PS  I need to read about the other two mentioned above in the thread