HSBC FTSE 250 Index Accumulation C

mazworld15

Another_Saver said:

I may the most biased towards the 250 in the entire forum but only 1/3 of my portfolio is in VMID so I have to agree with @dunstonh that i don't think occupying your remaining 60% with whatever 250 fund you go for would be sensible.

Thanks for replying, was going to do 20% , still looking at other funds and maybe leave 20% cash, would go with PB for the 20% cash but still working so can't get it out of the SIPP , would get taxed.

MonroeM

mazworld15 said:

bowlhead99 said:

It's broadly similar cost to Vanguard's ETF, and has a similar amount of money under management. So if a tracker of the mid 250 is what you want, yes it's probably as good as any. 

You mention 'if the FTSE rallies' ; not sure if you noticed that the FTSE 250 has already 'rallied' from about 12800 to about 19800 over the last eight months or so (not counting dividends paid along the way).  

Are you going to buy it 'if the FTSE rallies' further, or buy it anyway hoping the FTSE will rally more and you'll then be in it to win it?

Yes, want to buy now because I hope it will rally further, just second guessing myself I think, lost a lot of confidence with a big loss recently but hopefully will come back up. Thanks so much for replying.

With the vaccine announcement and the possibility of a trade deal with the EU, I think there’s a good chance it will ‘rally further’.

Another_Saver

I'm not buying it for the rallies, I'm buying because it's cheap and I see no reason for its ~3% outperformance of the wider market to slow down as it remains the place where a lot of acquisitions are made, the profit from which explains the FTSE 250's outperformance to date.