Gilts Fund

Albermarle

I think If it was me I would also be considering other types of funds/ITs, like infrastructure, property, wealth preservation funds etc. if I wanted more diversification away from 100% equities

This is also part of my strategy. I have two property funds ( one up this year and one down quite a lot) , two infrastructure funds ( both up this year) and WP funds ( steady ) . So overall they have moderated the falls in my main funds a little. Problem is that these types of funds are likely to be unavailable in a workplace pension, so a new additional SIPP would be needed.

JohnWinder

For what it’s worth, Bill Bernstein suggests people need four attributes to be successful at managing their investments, and that since few people possess all four, most people aren’t up to it. That’s a grimmer outlook than I hold, but he’s a smart guy, so could be worth reflecting on.
‘#1 - an interest in the process
#2 - more than a bit of math horsepower, far beyond simple arithmetic and algebra, or even the ability to manipulate a spreadsheet. Mastering the basics of investment theory requires an understanding of the laws of probability and a working knowledge of statistics.
#3 - a firm grasp of financial history, from the South Sea Bubble to the Great Depression.
#4 - the emotional discipline to execute their planned strategy faithfully, come hell, high water, or the apparent end of capitalism as we know it.
I expect no more than 10 percent of the population passes muster on each of the above counts. This suggests that as few as one person in ten thousand (10 percent to the fourth power) has the full skill set.’

Albermarle

JohnWinder said:

For what it’s worth, Bill Bernstein suggests people need four attributes to be successful at managing their investments, and that since few people possess all four, most people aren’t up to it. That’s a grimmer outlook than I hold, but he’s a smart guy, so could be worth reflecting on.
‘#1 - an interest in the process
#2 -  a bit of math horsepower, far beyond  such as the ability to do simple arithmetic and algebra, or even the ability to manipulate a spreadsheet. Mastering the basics of investment theory requires and some  understanding of the laws of probability and a working knowledge of statistics.
#3 - a firm grasp of financial history, from the South Sea Bubble to the Great Depression.
#4 - the some emotional discipline to execute their planned strategy faithfully, come hell, high water, or the apparent end of capitalism as we know it.
I expect no more than 10 percent of the population passes muster on each of the above counts. This suggests that as few as one person in ten thousand (10 percent to the fourth power) has the full skill set.’

I have highlighted the average attributes of  probably most of the DIY investors on this forum ( some will have more and some less of course) . Not sure what % of the population would have similar ? Probably 5 to 10% ?