Tracker Funds

MissHap

Anyone have any thoughts on tracker funds in general and the FIDELITY INDEX WORLD CLASS P - ACCUMULATION in particular??

ColdIron

Developed world only but it's very popular and cheap

eskbanker

MissHap said:

Anyone have any thoughts on tracker funds in general and the FIDELITY INDEX WORLD CLASS P - ACCUMULATION in particular??

Is it a good fit for your (unstated) requirements?

MissHap

Thats the £64k question eskbanker.............................
I have £20k in an HL SIPP I'm trying to find a home for.
I'm maxed out on ISA's this year and I've just invested £20k into the HSBC Global Strategy fund.

eskbanker

MissHap said:

Thats the £64k question eskbanker.............................
I have £20k in an HL SIPP I'm trying to find a home for.
I'm maxed out on ISA's this year and I've just invested £20k into the HSBC Global Strategy fund.

But it's important to know what the question is before trying to decide on the answer!

That'll generally involve assessing your circumstances, objectives, timescales, risk tolerance, etc, etc - how did you decide that HSBC's GS range was suitable, and within that range, on what basis did you pick the one you went for?

Albermarle

eskbanker said:

MissHap said:

Thats the £64k question eskbanker.............................
I have £20k in an HL SIPP I'm trying to find a home for.
I'm maxed out on ISA's this year and I've just invested £20k into the HSBC Global Strategy fund.

But it's important to know what the question is before trying to decide on the answer!

That'll generally involve assessing your circumstances, objectives, timescales, risk tolerance, etc, etc - how did you decide that HSBC's GS range was suitable, and within that range, on what basis did you pick the one you went for?

The OP had another thread recently, and it seemed a medium risk multi asset fund was the right direction to go. Hence the HSBC GS mention. 

OP - The Fidelity World fund, is 100% equity ( shares) which is normally more suitable for people with long investing time frames, and strong nerves ( as it could drop alarmingly when markets were in turmoil) 

MissHap

I'm retired, financially independent, generally averse to risk, looking for growth on an investment balanced against the risk, the HSBC global strategy balanced fund was mentioned in previous posts here and seemed to suit my needs, a home for the future which I hopefully wont draw on, depending on future circumstances, but I cant see me needing to dip in, if at all.

MissHap

So based on our previous conversations Albermarle, this ones not for me then, mind you, you look at the returns over the last 5 years and its tempting.

ColdIron

MissHap said:

Anyone have any thoughts on tracker funds in general

What thoughts were you looking to explore?

From your other thread you say you are 70 and risk averse, perhaps not the best fit for you. Would it be held in isolation? Why take on more risk than you would be comfortable with or you need?

Hoenir

MissHap said:

I'm retired, financially independent, generally averse to risk, looking for growth on an investment balanced against the risk, the HSBC global strategy balanced fund was mentioned in previous posts here and seemed to suit my needs, a home for the future which I hopefully wont draw on, depending on future circumstances, but I cant see me needing to dip in, if at all.

You could consider investing the money into the HSBC global strategy conservative fund or something similar. A notch lower in terms of volatility. Given your aversion to risk. People often don't fully appreciate their risk appetitite until faced with the stark reality of what it means in hard £'s on the screen in front of them. 

MissHap

I'm thinking of the Vanguard Life strategy fund but was advised to put some distance between my HSBC investment and the next one, probably the next tax year.
HSBC have 5 funds available, is it good form to invest in 2 from the same company??