SIPP Performance

tony4147

The SIPP is made up of the following - 

Abrdn Europe ex UK Ethical Equity Platform 1 Acc

Janus Henderson Global Sustainable Equity 1Acc

Royal London Sustainable World Trust C Acc

Vanguard LifeStrategy 60% Equity A Shares Acc

Sarasin Food & Agriculture Opportunities P Acc

CT Responsible UK Equity 2 Acc

Liontrust Sustainable Future UK Growth 2 Acc

Janus HendersonUK Responsible Income 1 Inc

Pictet Clean Energy Transition 1 dy

Pictet Water 1 dy

Trojan Ethical Income ) Acc

IFA charges are 0.7% and then the fund charge

L9XSS

peterg1965 said:

A contrarian approach would be to transfer to a Full SIPP with access to fixed rate savings accounts. You can currently get rates of 5.01% on a 3 year fixed rate bond with United Trust Bank, and 4% on a 5 year fixed rate with Teachers Building Society - plenty of other providers with similar rates. It completely take the uncertainty out of the equation as you approach retirement and beyond. Clearly helped with elevated BoE base rate, but we ain’t going back to rates of 0.5% anytime soon.

Rightly or wrongly, that is what I have done with my SIPP and I have have also put  my company DC pension pot into a short term cash fund which goes up everyday, and is looking like returning over 4% this year. Personally, it makes me feel much more confident in my retirement plans as I have only 3 years to go.  The rollercoaster of the stock markets, and the long anticipated return to growth was seriously concerning me.

Makes perfect sense to me. Your pot is growing at a level your comfortable with and your in control.

dunstonh

tony4147 said:

The SIPP is made up of the following - 

Abrdn Europe ex UK Ethical Equity Platform 1 Acc

Janus Henderson Global Sustainable Equity 1Acc

Royal London Sustainable World Trust C Acc

Vanguard LifeStrategy 60% Equity A Shares Acc

Sarasin Food & Agriculture Opportunities P Acc

CT Responsible UK Equity 2 Acc

Liontrust Sustainable Future UK Growth 2 Acc

Janus HendersonUK Responsible Income 1 Inc

Pictet Clean Energy Transition 1 dy

Pictet Water 1 dy

Trojan Ethical Income ) Acc

IFA charges are 0.7% and then the fund charge

A bit of a bizarre selection.   A bunch of sustainable funds but then VLS60 included which is not sustainable.

In general, if you go ethical or ESG you expect lower returns over the long term.  If you have chosen to have an ESG position, then why would you include VLS60?     If you have not chosen to have an ESG position then why would your adviser look to handicap your portfolio with ESG funds?

Linton

tony4147 said:

The SIPP is made up of the following - 

Abrdn Europe ex UK Ethical Equity Platform 1 Acc

Janus Henderson Global Sustainable Equity 1Acc

Royal London Sustainable World Trust C Acc

Vanguard LifeStrategy 60% Equity A Shares Acc

Sarasin Food & Agriculture Opportunities P Acc

CT Responsible UK Equity 2 Acc

Liontrust Sustainable Future UK Growth 2 Acc

Janus HendersonUK Responsible Income 1 Inc

Pictet Clean Energy Transition 1 dy

Pictet Water 1 dy

Trojan Ethical Income ) Acc

IFA charges are 0.7% and then the fund charge

The % allocated to each fund would help give a clearer picture.

Albermarle

peterg1965 said:

A contrarian approach would be to transfer to a Full SIPP with access to fixed rate savings accounts. You can currently get rates of 5.01% on a 3 year fixed rate bond with United Trust Bank, and 4% on a 5 year fixed rate with Teachers Building Society - plenty of other providers with similar rates. It completely take the uncertainty out of the equation as you approach retirement and beyond. Clearly helped with elevated BoE base rate, but we ain’t going back to rates of 0.5% anytime soon.

Rightly or wrongly, that is what I have done with my SIPP and I have have also put  my company DC pension pot into a short term cash fund which goes up everyday, and is looking like returning over 4% this year. Personally, it makes me feel much more confident in my retirement plans as I have only 3 years to go.  The rollercoaster of the stock markets, and the long anticipated return to growth was seriously concerning me.

It seems to be anything but contrarian at the moment, more flavour of the month !
Although most stay in their current SIPP/ISA and buy Short Term Money Market funds paying 5% ( but not fixed) and only move a proportion out of investments.
However  it also depends on how much cash you already have outside the pension/ISA. If you have substantial cash savings outside then converting all/ a lot your investments to cash is probably too many eggs in a basket at risk of inflation.

Bostonerimus1

tony4147 said:

The SIPP is made up of the following - 

Abrdn Europe ex UK Ethical Equity Platform 1 Acc

Janus Henderson Global Sustainable Equity 1Acc

Royal London Sustainable World Trust C Acc

Vanguard LifeStrategy 60% Equity A Shares Acc

Sarasin Food & Agriculture Opportunities P Acc

CT Responsible UK Equity 2 Acc

Liontrust Sustainable Future UK Growth 2 Acc

Janus HendersonUK Responsible Income 1 Inc

Pictet Clean Energy Transition 1 dy

Pictet Water 1 dy

Trojan Ethical Income ) Acc

IFA charges are 0.7% and then the fund charge

Percentage allocations and fund fees would be helpful, but from what I see I really I don't know how some IFAs have the cheek to practice. If you'd just put it all in Vanguard LifeStrategy 60% you'd have got an annualized 3.8% over the last 5 years and you could have done that yourself and saved yourself the drag of IFA fees and higher than necessary fund costs. You might see fantastic gains from your portfolio in the next 5 years or more losses, I'd far rather go with the simplicity of a diversified life strategy type fund or just a few trackers. I have a simple portfolio that is 85% equity trackers and 15% bond tracker and it returned an annualized 8% over the last 5 years and I didn't need anything other than a bit of common sense to do that.

Bostonerimus1

Albermarle said:

peterg1965 said:

A contrarian approach would be to transfer to a Full SIPP with access to fixed rate savings accounts. You can currently get rates of 5.01% on a 3 year fixed rate bond with United Trust Bank, and 4% on a 5 year fixed rate with Teachers Building Society - plenty of other providers with similar rates. It completely take the uncertainty out of the equation as you approach retirement and beyond. Clearly helped with elevated BoE base rate, but we ain’t going back to rates of 0.5% anytime soon.

Rightly or wrongly, that is what I have done with my SIPP and I have have also put  my company DC pension pot into a short term cash fund which goes up everyday, and is looking like returning over 4% this year. Personally, it makes me feel much more confident in my retirement plans as I have only 3 years to go.  The rollercoaster of the stock markets, and the long anticipated return to growth was seriously concerning me.

It seems to be anything but contrarian at the moment, more flavour of the month !
Although most stay in their current SIPP/ISA and buy Short Term Money Market funds paying 5% ( but not fixed) and only move a proportion out of investments.
However  it also depends on how much cash you already have outside the pension/ISA. If you have substantial cash savings outside then converting all/ a lot your investments to cash is probably too many eggs in a basket at risk of inflation.

I've been keeping a fair amount of cash in my bank account for the past few years and not even bothering with a saving account because the interest rates were so low, but I recently transferred a lot of it into a Money Market account as the interest rate is 5.25%

OldScientist

tony4147 said:

The SIPP is made up of the following -

Abrdn Europe ex UK Ethical Equity Platform 1 Acc    2.7%

Janus Henderson Global Sustainable Equity 1Acc     9.8%

Royal London Sustainable World Trust C Acc             7.6%

Vanguard LifeStrategy 60% Equity A Shares Acc       3.0%

Sarasin Food & Agriculture Opportunities P Acc        -0.9%

CT Responsible UK Equity 2 Acc                                 1.9%

Liontrust Sustainable Future UK Growth 2 Acc          -0.5%

Janus HendersonUK Responsible Income 1 Inc          3.1%

Pictet Clean Energy Transition 1 dy                             11.6%

Pictet Water 1 dy                                                            8.3%

Trojan Ethical Income ) Acc                                           2.1%

IFA charges are 0.7% and then the fund charge

5 year annualised returns in bold (from various sources, mainly Trustnet and Fidelity). Have all/most of these been held (in various proportions) for the whole 5 years?

The ongoing charges with the funds are incorporated into the returns. You mention the IFA fee - are there platform or dealing charges as well?

Malthusian

dunstonh said:

A bit of a bizarre selection.   A bunch of sustainable funds but then VLS60 included which is not sustainable.

"Lord, give me chastity and continence, but not too much." -St Thomas Aquinas

(ok, so that's actually a mashup of Aquinas and Augustine, but who's counting)

tony4147

dunstonh said:

tony4147 said:

The SIPP is made up of the following - 

Abrdn Europe ex UK Ethical Equity Platform 1 Acc

Janus Henderson Global Sustainable Equity 1Acc

Royal London Sustainable World Trust C Acc

Vanguard LifeStrategy 60% Equity A Shares Acc

Sarasin Food & Agriculture Opportunities P Acc

CT Responsible UK Equity 2 Acc

Liontrust Sustainable Future UK Growth 2 Acc

Janus HendersonUK Responsible Income 1 Inc

Pictet Clean Energy Transition 1 dy

Pictet Water 1 dy

Trojan Ethical Income ) Acc

IFA charges are 0.7% and then the fund charge

A bit of a bizarre selection.   A bunch of sustainable funds but then VLS60 included which is not sustainable.

In general, if you go ethical or ESG you expect lower returns over the long term.  If you have chosen to have an ESG position, then why would you include VLS60?     If you have not chosen to have an ESG position then why would your adviser look to handicap your portfolio with ESG funds?

I’m clueless on what ESG is etc that’s why I have an IFA. Most funds have an allocation of 7% apart from VLS60 which is 30%