Criticize my SIPP Portfolio

Gary_2021 · 28 July 2021 at 3:56PM

Hello

I'm 28 years old and new to investing. I'm looking for some criticism of my SIPP portfolio...

I currently hold:

Vanguard Target Retirement 2055 (Core holding)
BMO Global Smaller Companies
JPMorgan Emerging Markets Investment Trust
Scottish Mortgage Investment Trust
Worldwide Healthcare Trust

I'm wondering if these are suitable satellites to supplement my core holding of Vanguard Target Retirement 2055. Do they offer diversification with minimal duplication? What percentages would you allocate to each holding? What further satellites of what sectors could I hold which will offer further diversification?

Any thoughts including criticism is welcome.

Thank you

dunstonh · 28 July 2021 at 4:07PM

Why are you using VTR as a core holding? If you are going down the core and satellite approach then VTR doesn't really fit with that.

I'm wondering if these are suitable satellites to supplement my core holding of Vanguard Target Retirement 2055.

It depends on what investment strategy you are proposing to use. How often you plan to review and rebalance and the amounts involved.

Do they offer diversification with minimal duplication?

You should be telling us that (I assume you have modelled the selection?). Have you not checked when building your portfolio?

What percentages would you allocate to each holding?

The percentages would be those that give me the underlying assets that meet my target objectives and risk profile.

What further satellites of what sectors could I hold which will offer further diversification?

It depends on your investment strategy and what you are trying to achieve.

Any thoughts including criticism is welcome.

What is your investment value? It's not really worth mucking around with this sort of thing until you have a larger amount (I would say £100k+ but views on that may vary) and you have the knowledge and understanding of what you are doing and why.