6k to invest (already in a S&S ISA)

El_Torro

The 4 funds you already have are all OK, I wouldn't say any one of them is terrible. You don't need this much complexity and there is a lot of overlap, but I think people on this forum can get hung up on reducing complexity. A simpler portfolio will be easier to manage, though won't necessarily give you better returns.

Personally I would either put your £6k in a global tracker or multi asset fund. I'm not a big fan of VLS, mainly because of the high UK allocation, there are others to choose from. 

One option (just to add to the complexity!) is to put some of the £6k in an active global smaller companies fund. This will give you less overlap than the other funds you are already invested in. How much you should put in a smaller companies fund is up for debate, personally I try and stick to about 10% of the total investment.

ColdIron

KP24 said:

itsThrugelmir said:

KP24 said:

 Current state as of today is i'm about 40% up on my original investment. 

Over what time period?  Without knowing that, impossible to benchmark the performance. Mish mash random portfolios aren't generally advisable to hold. At the core should be a sizable investment in a well diversified fund of some kind. Time for some house keeping I'd suggest. As your total investment is relatively small there's little point in spreading too thinly at the current time. 

Its been around 6 years that i've held these funds/shares. 

Thanks for everyone's comments so far, most helpful. So i will look to sell the shares and invest in a fund instead. 

Is the suggestion i keep my existing non individual share assets? They are:

1. Scottish Mortgage
2. Fundsmith
3. HSBC FTSE Tracker
4. Vanguard LS60

And put the profit from share sales + 6k into another fund? Any suggestions on which one(s)?

i am keen to keep those but put the rest into a single 'fire and forget' fund (i'd say risk tolerance is probably a 5/7)

Your VLS 60 is a tailor made fire and forget fund

KP24

To answer a few of the questions:

1. The VLS60 did meet my risk appetite at the time (still does)
2. It accounts for around 30% of my overall portfolio