Feedback fund portfolio

LightKnow

So, am interested To see opinions please, as what would you scrap, keep or replace

I would like to keep my funds close possible to ethical or good esg score 

Any suggestions or feedback will help, really wanna try reduce number funds 


Aegon ethical cautious managed 

Baillie Gifford American

Barings global agriculture

Bny Mellon sustainable real return 

CT responsible global equity

FP wheb sustainability

Fssa greater china growth 

Guinness sustainable energy

Invesco china focus 

Invesco Japanese equity advantage

Janus Henderson global sustainable equity

L&g global technology index trust 

L&g future world esg developed index 

Lindsell train Japanese equity

Liontrust balance fund 

Liontrust china 

Liontrust sust future managed 

Ninety one global gold 

Vaneck vector gaming eSports 

dunstonh

So, am interested To see opinions please, as what would you scrap, keep or replace

All of them scrapped.

You haven't given any weightings or mentioned what investment strategy you are following but the funds you are using suggest more random hit and hope than any particular structure.

I would like to keep my funds close possible to ethical or good esg score 

Ethical and ESG are different things and quite a few of those funds are no good on either.

I think its time to start again with your selection.

gm0

It is all very well wanting to use "thematic" funds - like e-sports or agriculture above.  If you have convictions about areas of growth, and about current market sentiment and pricing being - acceptable i.e. you are not too late to a hype party that has already happened.

On esg without believing that they are a "solution".  The lightly ethical versions available knock out some stocks from the lists that can match preferences - to a degree. 

But without an objective for the portfolio in aggregate in mind.  And modelling it up for overlaps and excesses of individual stocks appearing as key holdings more than once.  This is just a fairly random list that will be very heavy equities (but not 100%) as I spot a couple of funds which are not.  Aegon 50:50 ethical cautious as example

I'd be filtering that list down quite aggessively for "similar" coverage funds to prune out.
Looking at mandate and cost.

But I would also want to develop some idea of the "house" I wanted to build. 50% equities ? 70% ?  More ?

Bostonerimus1

I’m not really in a position to answer your question as none of those funds would be on my “to hold list”, but I wont let that stop me from pontificating. As an index investor your approach baffles me and I would never be able to manage such a large number of funds. There must be a lot of overlap with this potpourri of investments. My advice would be to limit yourself to no more than 5 funds and go more “mainstream”.

LightKnow

dunstonh said:

So, am interested To see opinions please, as what would you scrap, keep or replace

All of them scrapped.

You haven't given any weightings or mentioned what investment strategy you are following but the funds you are using suggest more random hit and hope than any particular structure.

Hmm is it really that random?? If am gearing funds towards say greener funds - wouldn't my target structure be that ??

dunstonh said:

I would like to keep my funds close possible to ethical or good esg score 

Ethical and ESG are different things and quite a few of those funds are no good on either.

I think its time to start again with your selection.

Please do advise which you think are not good or why - As my plan is aside from making gains , I would like to avoid as such 

tobacco and alcohol producers, munitions manufacturers and companies that use animal testing. Etc 

LightKnow

gm0 said:

It is all very well wanting to use "thematic" funds - like e-sports or agriculture above.  If you have convictions about areas of growth, and about current market sentiment and pricing being - acceptable i.e. you are not too late to a hype party that has already happened.

On esg without believing that they are a "solution".  The lightly ethical versions available knock out some stocks from the lists that can match preferences - to a degree. 

But without an objective for the portfolio in aggregate in mind.  And modelling it up for overlaps and excesses of individual stocks appearing as key holdings more than once.  This is just a fairly random list that will be very heavy equities (but not 100%) as I spot a couple of funds which are not.  Aegon 50:50 ethical cautious as example

I'd be filtering that list down quite aggessively for "similar" coverage funds to prune out.
Looking at mandate and cost.

But I would also want to develop some idea of the "house" I wanted to build. 50% equities ? 70% ?  More ?

- On esg without believing that they are a "solution".

^ what do you mean by this?

I know some of my funds are overlapping, this why thought it was good idea to post here, to get some perspectives

But I don't think my funds are random - well it not my attention, -  as am trying to build my funds around with mind set " they are doing good for the environment or avoid stuff like weapons, drugs etc 

masonic

This is the sort of thing I'd imagine you'd get if you asked 5 people with very different objectives and risk tolerance to each pick a few investments they like the look of.

There seems to be a lot of overlap. I counted 3 global equity funds with a tilt towards either ESG or sustainability, 3 low risk multi-asset, 2 adventurous tech etc. You could reduce these 8 down to 2, eliminating either the highest or lowest risk group, and that would be a vast improvement. Then all that remains is to filter down the fringe stuff.

aroominyork

I find your fund choices quite curious if you are aiming for an ethical approach since you include China and gaming which many people would say do not fit that bill. My first question would be whether you want to i) exclude ‘bad’ companies, or ii) focus on investing in companies that make a positive ethical contribution. From you comment that you want to avoid tobacco, alcohol, munitions, animal testing etc. it looks like the first option – you want to screen out ‘bad’ companies.

Your starting point should then be a look at a global ESG fund as your core holding. For example, Vanguard ESG Developed World All Cap Equity excludes “vice products, non-renewable energy, weapons, and controversies.” Is that good enough for you (nb you would need your emerging market allocation elsewhere)? Then you can add a tilt of two if you want, but be clear whether you are doing it for emotion reasons, eg you want to support solar energy, or because you think they will outperform a global index fund.

mark_cycling00

Not sure how you reconcile having 3 different China funds with having an "ethical" mindset.

Think the Uyghurs, disappeared Chinese businessmen, Taiwan etc may have different opinions.

Xi even considers Putin to be his best friend.

Maybe the 3 china funds get cancelled out by the 53 different sustainable agro balanced growth esg funds

Linton

As others have said start again. You have far too many overlapping funds to give you or anyone else a clear view of the overall picture.  I believe you should aim for the minimum set of funds that together meet your objectives.  Each fund should satisfy specific needs.  Remove one fund and your portfolio should have an obvious hole.

One approach is to consider a global index fund closest to your high level wishes. You can choose all world or developed world, with or without an ethical or ESG bias, large companies or AllCap, as you wish. Does it meet your objectives? If yes, problem solved.  If not and you want increased investment in a restricted sector buy one specific additional fund for the purpose.  Dealing with an excess in any particular area is more difficult. The simplest  practical way of handling that is to split the global allocation into separate high level funds.

LightKnow

Thanks for the feedbacks, 

I have since adjusted my funds quite a bit 

However no one has given me a reason why some of my funds are not right/worth it 

Only that they overlap, or am to random with my portfolio

Yes I seen suggestions from everyone on what alternative funds to go for

And Yes some did overlap or potentially one or two still do

However

When I started working on my funds, I read online and on Hargreaves website that some funds  can Aim for positive real-world impacts while generating returns for investors.  With that in mind ,  That's how some funds came about