Satellites to supplement VWRP

Gary_2021

Hello

I'm 28 years old and considering switching from VLS100 to VWRP (VANGUARD FTSE ALL-WORLD UCITS ETF (USD) ACCUMULATING) as my core holding. I'm wondering what satellites would be suitable alongside VWRP.

My current portfolio in my SIPP:

Vanguard LifeStrategy 100% (Core holding)
BMO Global Smaller Companies
JPMorgan Emerging Markets Investment Trust
Scottish Mortgage Investment Trust
Worldwide Healthcare Trust

I'm switching from VLS100 because after some research, I discovered it has a home (UK) bias. However, if I hold VWRP as my core holding, is it suitable to also have an active Emerging Markets Investment Trust as well as a global smaller companies trust alongside VWRP? Or should I just ditch the rest except for Scottish Mortgage and Worldwide Healthcare Trust?

dunstonh

So far you have created four threads asking much the same information on each but not given a single reply to anyone that has replied on those threads.  The questions asked need answers that would help the responses but you have ignored them.

You also seem to be changing your information and making decisions totally ignoring what is said here but then return to ask us much the same again.

On the 26th July you said
I am wondering what sectors are best suited to supplement my core holding of Vanguard Target Retirement 2055 Fund?
I was thinking of investing in satellites of sectors including Global Smaller Companies, Emerging Markets, Global Property, Global Technology, Infrastructure and Health. However, I'm unsure of whether these sectors offer further diversification with minimal duplication. The majority of my capital will be invested in the core holding and small percentages allocated to the satellites.

on the 28th July you said:
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

Now its 
My current portfolio in my SIPP:

Vanguard LifeStrategy 100% (Core holding)
BMO Global Smaller Companies
JPMorgan Emerging Markets Investment Trust
Scottish Mortgage Investment Trust
Worldwide Healthcare Trust



So you have had three different portfolios in the space of 5 days.

csgohan4

Looks like another OP looking for someone to bite, like the other one post wonders such as I have a 6 figure sum, where to put it. , with zero info provided. 

Gary_2021

dunstonh said:

So far you have created four threads asking much the same information on each but not given a single reply to anyone that has replied on those threads.  The questions asked need answers that would help the responses but you have ignored them.

You also seem to be changing your information and making decisions totally ignoring what is said here but then return to ask us much the same again.

On the 26th July you said
I am wondering what sectors are best suited to supplement my core holding of Vanguard Target Retirement 2055 Fund?
I was thinking of investing in satellites of sectors including Global Smaller Companies, Emerging Markets, Global Property, Global Technology, Infrastructure and Health. However, I'm unsure of whether these sectors offer further diversification with minimal duplication. The majority of my capital will be invested in the core holding and small percentages allocated to the satellites.

on the 28th July you said:
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

Now its 
My current portfolio in my SIPP:

Vanguard LifeStrategy 100% (Core holding)
BMO Global Smaller Companies
JPMorgan Emerging Markets Investment Trust
Scottish Mortgage Investment Trust
Worldwide Healthcare Trust



So you have had three different portfolios in the space of 5 days.

Thank you I appreciate all the answers, however, I am after some information that I don't seem to be obtaining, I am kind of chasing the dragon here. I am trying to construct a perfect portfolio so i'm doing a lot of researching, switching and changing my portfolio based on research. Sorry if I seem to be ignoring answers

dunstonh

Thank you I appreciate all the answers, however, I am after some information that I don't seem to be obtaining, I am kind of chasing the dragon here.

Look at the questions asked by people on your other threads.   You are asking for answers but not giving us enough information to go on to give you reasonable answers.

 I am trying to construct a perfect portfolio so i'm doing a lot of researching, switching and changing my portfolio based on research. 

There is no such thing as a perfect portfolio.    There are different investment strategies.   There are different methodologies.  And what may be considered best for one person may not be for another due to different risk profiles, timescales, knowledge and ability to understand etc.   Then you have opinions.   Some people will be cost focused.  Some people will be returns focused.  

Looking at your changes, I said I didn't feel VTR funds were suitable but I am also not a fan of VLS100 as, in my opinion, it is weakest of the VLS funds and the only one that is not multi-asset fund.   Unlike the others, it is comparable with global equity funds and VLS100 is not as strong up against them.  Whereas VLS20-80 are up against other multi-asset funds and does a better job there.  If you want a core approach with 100% global equality then a global equity tracker would likely be better.

The other thing of note is that your risk level seems highly adventurous.    50-60% loss potential during a routine major crash.  Possibly a lot more in a 50-100 year event.  Are you able to afford that?

Thrugelmir

GaryMSE said:

dunstonh said:

So far you have created four threads asking much the same information on each but not given a single reply to anyone that has replied on those threads.  The questions asked need answers that would help the responses but you have ignored them.

You also seem to be changing your information and making decisions totally ignoring what is said here but then return to ask us much the same again.

On the 26th July you said
I am wondering what sectors are best suited to supplement my core holding of Vanguard Target Retirement 2055 Fund?
I was thinking of investing in satellites of sectors including Global Smaller Companies, Emerging Markets, Global Property, Global Technology, Infrastructure and Health. However, I'm unsure of whether these sectors offer further diversification with minimal duplication. The majority of my capital will be invested in the core holding and small percentages allocated to the satellites.

on the 28th July you said:
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

Now its 
My current portfolio in my SIPP:

Vanguard LifeStrategy 100% (Core holding)
BMO Global Smaller Companies
JPMorgan Emerging Markets Investment Trust
Scottish Mortgage Investment Trust
Worldwide Healthcare Trust



So you have had three different portfolios in the space of 5 days.

 I am trying to construct a perfect portfolio so i'm doing a lot of researching, switching and changing my portfolio based on research. 

Portfolios evolve over time. Brick by brick approach.   There's a myriad of investment opportunities. Impossible to be a specialist in them all. 

Gary_2021

dunstonh said:

Thank you I appreciate all the answers, however, I am after some information that I don't seem to be obtaining, I am kind of chasing the dragon here.

Look at the questions asked by people on your other threads.   You are asking for answers but not giving us enough information to go on to give you reasonable answers.

 I am trying to construct a perfect portfolio so i'm doing a lot of researching, switching and changing my portfolio based on research. 

There is no such thing as a perfect portfolio.    There are different investment strategies.   There are different methodologies.  And what may be considered best for one person may not be for another due to different risk profiles, timescales, knowledge and ability to understand etc.   Then you have opinions.   Some people will be cost focused.  Some people will be returns focused.  

Looking at your changes, I said I didn't feel VTR funds were suitable but I am also not a fan of VLS100 as, in my opinion, it is weakest of the VLS funds and the only one that is not multi-asset fund.   Unlike the others, it is comparable with global equity funds and VLS100 is not as strong up against them.  Whereas VLS20-80 are up against other multi-asset funds and does a better job there.  If you want a core approach with 100% global equality then a global equity tracker would likely be better.

The other thing of note is that your risk level seems highly adventurous.    50-60% loss potential during a routine major crash.  Possibly a lot more in a 50-100 year event.  Are you able to afford that?

Thank you for your input, I'm gradually understanding more now and I value your response. If I go for a core equity tracker, specifically VWRP, would having emerging markets and small companies, duplicate what's already in VWRP. I'm a believer in active funds being best for emerging markets and I wouldn't really want to give up JMG, however, VWRP captures the whole market including emerging markets and small caps. Thanks for expressing your opinion as you're not a fan of VLS100, this post will influence my decision. My risk level is highly adventurous but I'm willing to take the losses and stick with a plan through the ups and downs over a long time frame

george4064

DUPLICATE THREAD

https://forums.moneysavingexpert.com/discussion/6285794/core-and-satellite-approach-for-a-sipp#latest

And

https://forums.moneysavingexpert.com/discussion/6286386/criticize-my-sipp-portfolio#latest

Prism

VWRP does include emerging markets but not smaller companies. If you want to go active for emerging markets and not duplicate you could consider - Vanguard FTSE Developed World UCITS ETF USD Accumulation (VHVG) which is lower cost than VWRP and then leaves you free to use active satellite funds for smaller companies and emerging markets. 

aroominyork

GaryMSE said:

dunstonh said:

Thank you I appreciate all the answers, however, I am after some information that I don't seem to be obtaining, I am kind of chasing the dragon here.

Look at the questions asked by people on your other threads.   You are asking for answers but not giving us enough information to go on to give you reasonable answers.

 I am trying to construct a perfect portfolio so i'm doing a lot of researching, switching and changing my portfolio based on research. 

There is no such thing as a perfect portfolio.    There are different investment strategies.   There are different methodologies.  And what may be considered best for one person may not be for another due to different risk profiles, timescales, knowledge and ability to understand etc.   Then you have opinions.   Some people will be cost focused.  Some people will be returns focused.  

Looking at your changes, I said I didn't feel VTR funds were suitable but I am also not a fan of VLS100 as, in my opinion, it is weakest of the VLS funds and the only one that is not multi-asset fund.   Unlike the others, it is comparable with global equity funds and VLS100 is not as strong up against them.  Whereas VLS20-80 are up against other multi-asset funds and does a better job there.  If you want a core approach with 100% global equality then a global equity tracker would likely be better.

The other thing of note is that your risk level seems highly adventurous.    50-60% loss potential during a routine major crash.  Possibly a lot more in a 50-100 year event.  Are you able to afford that?

My risk level is highly adventurous but I'm willing to take the losses and stick with a plan through the ups and downs over a long time frame

You might think you are willing to stick with a plan through ups and downs, but the fact that you have repeatedly tweaked your starting point during the last few days suggests that at the first sign of turbulence you would start fiddling with your portfolio.

JohnWinder

GaryMSE said:

.... I am kind of chasing the dragon here. I am trying to construct a perfect portfolio ...

'The dream of a perfect plan'. Keynote speech by John Bogle, 2000. http://johncbogle.com/speeches/JCB_AZ_Republic_3-00.pdf

Voltaire: 'Le mieux est l'ennemi du bien'. transl: The perfect is the enemy of the good.   https://fr.wikisource.org/wiki/Contes_en_vers_(Voltaire)/La_Bégueule