Barclays Wealth Global Markets Range

Aminatidi

I'm fortunate enough to have passed a strangely random but quite nice number in one of my spreadsheets lately and it's focusing the “it's insane to risk what you have and need for something you don't really need” part of my mind on my appetite for risk.

About 40% of my investments are in HSBC Global Balanced (and will stay there as there's a CGT liability if I switch them) and the other 60% are in FTSE Global All Cap.

I'm as sure as I can be that I really need to dial down the risk a bit from that chunk of Global All Cap.

I could switch it into HSBC Global Balanced but what I'd really like is something that's more of a 70/30 ideally with a more or less global asset allocation rather than a UK bias.

I saw the Barclays range mentioned on another forum.

https://www.barclays.co.uk/content/dam/documents/smart-investor/ready-made-investments/factsheet-global-markets04.pdf

I don't see them mentioned much.

I should stress I'm under no illusions by the word "wealth" in the title I know they're just another multi-asset fund 😀

PloughmansLunch

0.45% OCF seems a bit on the high side compared with the Vanguard/HSBC, especially if you have (as in my case) 0.25% platform fees on top too

Aminatidi

Thanks and yes that's one thought but equally there's no platform fee (IWeb).

Albermarle

HSBC global strategy dynamic is around 80% equity, so why not use this and the balanced together to get a n average around 70%?

InvesterJones

They're massively expensive compared to the HSBC equivalents. If you want to create your own risk split that's not 100/80/60/40/20 then use proportions to achieve the same thing (eg 50:50 80:60, or stick with 100% equity in one fund and 100% bonds in another) - you'll have to rebalance on occasion but since you're already using multi-funds that's nothing new.

Aminatidi

On around £400K across an ISA and GIA would anyone have any concerns with just sticking the whole damned lot in something like HSBC GS Balanced?

Aminatidi

Albermarle said:

HSBC global strategy dynamic is around 80% equity, so why not use this and the balanced together to get a n average around 70%?

Possibly.

I think I struggle a bit to think of the portfolio as a whole and still tend to look at it as individual "buckets".

GeoffTF

Aminatidi said:

On around £400K across an ISA and GIA would anyone have any concerns with just sticking the whole damned lot in something like HSBC GS Balanced?

That looks a lot more prudent than what you have got.

Aminatidi

GeoffTF said:

Aminatidi said:

On around £400K across an ISA and GIA would anyone have any concerns with just sticking the whole damned lot in something like HSBC GS Balanced?

That looks a lot more prudent than what you have got.

Thanks any particular reason?

I know I need to de-risk a bit.

Very easy to convince yourself to just hold on a bit longer whilst the good times are rolling etc. but at some point I need to do it.

GeoffTF

Aminatidi said:

GeoffTF said:

Aminatidi said:

On around £400K across an ISA and GIA would anyone have any concerns with just sticking the whole damned lot in something like HSBC GS Balanced?

That looks a lot more prudent than what you have got.

Thanks any particular reason?

I know I need to de-risk a bit.

Very easy to convince yourself to just hold on a bit longer whilst the good times are rolling etc. but at some point I need to do it.

Firstly, risk reduction at the outset. Secondly, if equities beat bonds, your equity percentage would get higher and higher with the two funds that you have got. Thirdly, you will have a professionally managed portfolio with the single fund. If you want more risk, you would be better off with a managed fund with a higher equity percentage.

Aminatidi

Thanks and yes that's fair I don't think de-risking is the issue it's simply what to.

Funny thing is if anyone else were asking the question I'm fairly sure I'd be saying stick the lot in GS Balanced and don't be concerned about eggs in one basket.

Always seems easier when it's not your own money.