Investments

Albermarle

poli123 said:

masonic said:

Sounds like she has quite a bit more risk in her current holdings (about ~70% equities if I understand your description correctly). There isn't really any need to have multiple different funds for this sort of portfolio, so consolidating into one multi-asset fund will simplify things without any great loss of diversity. A reduction in risk could be sensible at this juncture, especially if there is no need to take risk and/or the assets are being preserved as a legacy (and therefore may need to be sold at short notice at some unknown point in the future).

Agreed a single multi asset fund is definitely more sensible and hence we requested a review and received the advice for a 80/20 Fund..

I think the only question mark is whether 80/20 is maybe too cautious. She scored 5 out of 10 on a risk scale and is looking for slow and steady growth.
In investing terms growth normally means growth above inflation. An 80/20 fund could struggle with this.
Maybe another chat with the advisor along these lines could be useful to see what they say.