Funds for a stockmarket downturn/crash

Shocking_Blue

Albermarle said:

In terms of comparison with balanced funds, it seems that performance hasn't been a million miles away from funds like vls60, particularly in the last couple of years, but again the falls with vls60 do not seem to have been seen with CGT.

I think a comparison with VLS 40 is better, as CGT typically holds around 40% equity , or less.. Today it is only 27%.

Thanks. Seems to look better compared to that, although not sure what VLS40 did prior to 2014.

Albermarle

Aminatidi said:

Sea_Shell said:

Who or what are CGT and are they available in a Fidelity ISA?

https://www.capitalgearingtrust.com/ is the investment trust
http://www.cgasset.com/our-funds/absolute-return-fund/performance is the OEIC approximate equivalent.

Both are available on Fidelity (or at least they show up in their Investment Chooser list).

I have money in CGT on the Fidelity platform , so definitely available.

masonic

Shocking_Blue said:

Albermarle said:

In terms of comparison with balanced funds, it seems that performance hasn't been a million miles away from funds like vls60, particularly in the last couple of years, but again the falls with vls60 do not seem to have been seen with CGT.

I think a comparison with VLS 40 is better, as CGT typically holds around 40% equity , or less.. Today it is only 27%.

Thanks. Seems to look better compared to that, although not sure what VLS40 did prior to 2014.

CGT also generates returns in other ways, such as playing the investment trust premium/discount game. It has been quite successful at this, although there are no guarantees going forward. So that, along with its strategic asset allocation, make it quite different to any flavour of VLS.

Diplodicus

I sold all my equities in early March. When the market started recovering I bought them all back. I missed the bottom as I didn’t buy back until around the middle of April but I have managed to make 15% since then. I am nervous about another crash coming, so I sold them all again first thing this morning and will wait…

14/05/2020

Oh dear, Stargunner..

You must be shot to bits..

Edit: Sorry, that reads harsh. I don't want to make anyone feel bad, just be conscious that gains forgone are as real as losses. So the retreat or hedge that always appears
sensible and safe, may come at a cost. 

Sea_Shell

Aminatidi said:

Sea_Shell said:

Who or what are CGT and are they available in a Fidelity ISA?

https://www.capitalgearingtrust.com/ is the investment trust
http://www.cgasset.com/our-funds/absolute-return-fund/performance is the OEIC approximate equivalent.

Both are available on Fidelity (or at least they show up in their Investment Chooser list).

Just been looking into that OEIC and was looking interesting until I just noticed on the factsheet...

The minimum investment in the Fund is £100,000. 😲😲😲

ColdIron

Sea_Shell said:

Who or what are CGT and are they available in a Fidelity ISA?

If someone hasn't mentioned it already you might want to look at Personal Assets Trust (PNL). Another Wealth Preservation Multi Asset IT with similar aims to CGT. Good quality equities, index linked bonds and even some physical gold. Component of FTSE 250 so almost certainly available on Fidelity

Edit: If interested there is an OEIC equivalent - Troy Trojan, same manager, same methodology

Albermarle

Sea_Shell said:

Aminatidi said:

Sea_Shell said:

Who or what are CGT and are they available in a Fidelity ISA?

https://www.capitalgearingtrust.com/ is the investment trust
http://www.cgasset.com/our-funds/absolute-return-fund/performance is the OEIC approximate equivalent.

Both are available on Fidelity (or at least they show up in their Investment Chooser list).

Just been looking into that OEIC and was looking interesting until I just noticed on the factsheet...

The minimum investment in the Fund is £100,000. 😲😲😲

If you look at the factsheet for many investments it says something similar. However that is only if you buy the fund direct from the fund manager. If you buy the investment through an investment platform , the usual minimum investment is £25.
That is assuming it is available on the investment platform you use, which is not always the case.

Aminatidi

Sea_Shell said:

Aminatidi said:

Sea_Shell said:

Who or what are CGT and are they available in a Fidelity ISA?

https://www.capitalgearingtrust.com/ is the investment trust
http://www.cgasset.com/our-funds/absolute-return-fund/performance is the OEIC approximate equivalent.

Both are available on Fidelity (or at least they show up in their Investment Chooser list).

Just been looking into that OEIC and was looking interesting until I just noticed on the factsheet...

The minimum investment in the Fund is £100,000. 😲😲😲

It's like Albermarle said that's if you want to purchase direct from the fund manager.

Given you asked about the Fidelity platform I assume that's who you use so you'd just buy from them with whatever their minimums are

Stargunner

Diplodicus said:

I sold all my equities in early March. When the market started recovering I bought them all back. I missed the bottom as I didn’t buy back until around the middle of April but I have managed to make 15% since then. I am nervous about another crash coming, so I sold them all again first thing this morning and will wait…

14/05/2020

Oh dear, Stargunner..

You must be shot to bits..

Edit: Sorry, that reads harsh. I don't want to make anyone feel bad, just be conscious that gains forgone are as real as losses. So the retreat or hedge that always appears
sensible and safe, may come at a cost. 

It actually worked out ok because I soon started buying back in again later in May 2020. I was out of the market during the most of March 2020 so what I saved by not suffering the drop offset the gains I missed out whilst I was out of the market when it recovered. I worked it out and I ended up no better or worse off than if I had just left it alone.
I know it was a stupid thing to try to time the market (please no one else tell me lol) and I won't be doing it again, which is why I am looking to be more diverse and reducing my risk by adding more defensive funds.

Diplodicus

Well done, Stargunner.