Stockmarket Portfolio rebalancing?

eastmidsaver

way i consider a satelitte.
so i have 3 core funds which i regularly invest in each month.  and they are fairly mixed in terms of assets.
but then i like to add some extra funds in where it is smaller amounts just because a sector appeals to me, so i want a bit of extra exposure to it.  for instance,  my satellite funds is emerging market fund, small cap funds, and recently i bought into a robotics fund as that interested me.
that is way i see it,  but others might have different policies ,  and that is fine as we are all individuals. 

Type_45

Sell everything and buy Vanguard LifeStrategy 80% Accumulator for both your ISAs and your pension.


You're welcome.

grumiofoundation

Type_45 said:

Sell everything and buy Vanguard LifeStrategy 80% Accumulator for both your ISAs and your pension.


You're welcome.

*Other multi-asset funds are available…

At 34 personally I wouldn’t bother having 20% bonds in pension (with a 20+ year timescale). 

Type_45

grumiofoundation said:

Type_45 said:

Sell everything and buy Vanguard LifeStrategy 80% Accumulator for both your ISAs and your pension.


You're welcome.

*Other multi-asset funds are available…

At 34 personally I wouldn’t bother having 20% bonds in pension (with a 20+ year timescale). 

Me neither, personally.  But VLS80 is a step in the right direction and the OP can go from there.

I started out with VLS60, and my portfolio has evolved from there.

Thrugelmir

Can be whatever you want them to be. Normally for a small portfolio I'd suggest a diversifiers such as UK or European smaller companies, Japanese Midcaps, Private Equity., a Property REIT investment trust, a thematic fund etc. The core fund providing exposure to the highly liquid large cap global companies and main bond markets. 
Unless you are going to invest a reasonable amount into a single company share the impact on the overall portfolio performance is likely to be low. 

bostonerimus

grumiofoundation said:

Type_45 said:

Sell everything and buy Vanguard LifeStrategy 80% Accumulator for both your ISAs and your pension.


You're welcome.

*Other multi-asset funds are available…

At 34 personally I wouldn’t bother having 20% bonds in pension (with a 20+ year timescale). 

Successful investing only requires following a few simple rules and there's an infinite number of portfolios that will work just fine. VLS80 is ok and numerous other funds will be ok too. Let's not nit pick on "the best". The OP has gone fund and stock crazy and needs to drastically reduce the number of their holdings so they have a chance at doing some long term strategizing. So whether it's all in VLS80 or the HSBC equivalent or in a couple of non overlapping equity funds, and a couple of satellites  they just need to rationalize things. Having 20% in bonds over a 20 year horizon might be a good move...who knows? But I do know that their current portfolio is unmanageable.

AlanP_2

I would simplify it a lot. How you do that is open to debate.

At the moment you must have racked up a fair bit in fees to buy the number of individual shares, ITs etc you hold (depending on platform fee structure), which as a percentage of the "holding value" are hurting your returns. Also, look at your %'age holdings in the investments across platforms / wrappers to see how much you have in Unilever (for example) overall. Some will be extremely small %'ages and adding nothing useful to your portfolio.

You haven't outlined what the objectives and timescales for the investments are either, nor the desired timescale. For pension it is reasonably obvious but what about the others? If the LISA is for an imminent house purchase or for use at age 60 will make a big difference to the choices made.

You talk about your SIPP, but is there a work pension as well?

Are you holding investments outside a tax wrapper or are your shares inside the S&S ISA?

Why have you got the same investments in the SIPP and the other wrappers? Might be valid reasons, but can you articulate them or has it just evolved over time?


In summary - go back to first principles and think about WHAT you want to achieve then move on to the HOW.