Do I need several SIPP investments?

ColdIron

Ciprico said:

I compensate for this by holding some City of London alongside a global tracker, (and some gilts but my horizon is a lot less than 20 years, nearer 20 weeks...)

I do expect this/my pov to be flamed, but hey, it is a different opinion to consider.....

It's a perfectly rational decision and I wouldn't flame it. Some would contend that 60% in one geography suffers from a form of concentration risk but it's only that high as the index is market cap weighted. Your global tracker has maybe 4% UK and there is a good argument to be made that for someone living and working in the UK, earning and spending their money in sterling, a higher UK allocation has merit

The City dividends are nice.

But not terribly useful in a growth portfolio. I'd suggest that a FTSE All Share tracker is more diverse and has more potential for growth. But it's all about opinion and there is no right answer

boingy

Ciprico said:

Not sure of exact figures but USA accounts for about 60% of world equity, and about 20+% of the USA's market is made of 7 companies...

So it could be argued a global tracker is too heavily biased on a handful of US tech companies, that some might say are overvalued in themselves...

It's true but the nature of the markets is that if, say, one of those huge US companies fails or takes a nosedive it will affect all the stock markets all around the world so even if you don't have a heavy investment there it will still affect your portfolio. It's not entirely rational but it's how market sentiment works. Having said that, I do subscribe to the view that it might be worth having a little more invested in my domestic market simply because that's where I earn and spend my money.

dharm999

My SIPP has a combination of global tracker, gold, property, bonds, uk and emerging markets across a number of funds and etfs.  Is it too complicated, possibly, but it hopefully mitigates some risk by diversifying.  I'm nearly 54, so probably at a different stage to the OP, and less focussed on pure growth.  When I Iook back over the last 4 years, the investment that has done well or badly changes considerably - I track on a monthly and rolling annual basis. It reminds me of the patchwork image that Monevator posts every so often, showing which investments have done well or badly in any one given year.

Edited to add a link

Asset allocation quilt – the winners and losers of the last 10 years - Monevator

Rt90

Ciprico said:

..out of interest how many of you really only have one (global) index fund in your SIPP....

Just VLS100 in mine.

Joey2013

I have just SWDA etf in my sipp approx 170K

noclaf

My SIPP is invested into a single Dev markets ETF (JGRE). Previously was VEVE/VFEM. 
I have been tempted to tinker but resisted so far as it's extra work...sell some units, research options, determine allocations etc MY S&SISA is not as simple, one dev markets ETF, another for EM and a few bond ETFs as didnt want 100% Equities (dampen the potential volatility hopefully).

Macka09

Hi guys. Are there any global small cap funds worth looking at via the AJ Bell platform?

I can’t seem to find any. 

ColdIron

Vanguard do a small cap index tracker OEIC

https://www.ajbell.co.uk/market-research/FUND:B3X1NT0

Hoenir

Rt90 said:

Ciprico said:

..out of interest how many of you really only have one (global) index fund in your SIPP....

Just VLS100 in mine.

VLS100 has no formal benchnark. You'll also find that the sector allocations differ greatly to the global index ones. 

Macka09

The Vanguard small cap seems to have quite high annual charges.