Making the most of remaining ISA allowance

Nam3Unavailable

Hi Everyone,

I’m looking to invest the remainder of my ISA allowance (10k) this year into my Vanguard ISA, I currently invest in the LS80, LS100, FTSE ALL WORLD UCITS ETF and FTSE 100 UCITS ETF, I’m unsure whether to distribute the remaining amount amongst these or just select select one?

I’d like to try and take advantage of the current economical situation by selecting the best fund with the potential to grow during the recovery although I may have missed the boat as the products listed above are now at levels higher than they were five years ago with the exception of the FTSE 100 UCITS ETF.

Interested in hearing your views. Thanks

Alistair31

Why are you invested in all of these (LS80, LS100, FTSE ALL WORLD UCITS ETF and FTSE 100 UCITS ETF)? 

Nam3Unavailable

Alistair31 said:

Why are you invested in all of these (LS80, LS100, FTSE ALL WORLD UCITS ETF and FTSE 100 UCITS ETF)? 

Genuinely... when I started paying attention to investments (which was only recently due to the crash related to COVID)  I looked at what dropped and compared it to the past performance and the trend it had shown - I think I got FOMO and didn’t want to miss out on the lows. I originally had a LS100 because I felt the need to be investing into an ISA and this was a product that seems to be recommended and others were invested in (I don’t need the money for at least 15 years).

grumiofoundation

Nam3Unavailable said:

Hi Everyone,

I’m looking to invest the remainder of my ISA allowance (10k) this year into my Vanguard ISA, I currently invest in the LS80, LS100, FTSE ALL WORLD UCITS ETF and FTSE 100 UCITS ETF, I’m unsure whether to distribute the remaining amount amongst these or just select select one?

I’d like to try and take advantage of the current economical situation by selecting the best fund with the potential to grow during the recovery although I may have missed the boat as the products listed above are now at levels higher than they were five years ago with the exception of the FTSE 100 UCITS ETF.

Interested in hearing your views. Thanks

Their is significant overlap between these funds, you aren't diversifying more by having these. (Based on the charging structure of VG doesn't actually cost any more to hold all these funds).

Simplest thing to do would probably be to pick a equity/bond ratio you are happy with and go for either VLS (if you want UK bias) or FTSE all-world + bond fund.

If you want to keep a mix of all these funds realistically will probably make little difference which you add money too (apart from the FTSE 100 ETF).