single fund

artyboy

Alistair31 said:

How do you diversify a global tracker? 

Thats what I asked the 'investment coach' from Bestinvest who called me when their algorithm highlighted I might not be diversified enough. Apparently that was because I had a substantial sum invested solely in one fund - specifically HMWO. 

Sent her away with a flea in her ear saying their algorithm was overly simplistic nonsense. Another reason I'm not with them anymore...

Cus

artyboy said:

Alistair31 said:

How do you diversify a global tracker? 

Thats what I asked the 'investment coach' from Bestinvest who called me when their algorithm highlighted I might not be diversified enough. Apparently that was because I had a substantial sum invested solely in one fund - specifically HMWO. 

Sent her away with a flea in her ear saying their algorithm was overly simplistic nonsense. Another reason I'm not with them anymore...

So if you had put half of HMWO funds into another world tracker fund,  they wouldn't have called you? Their algorithm was to measure the number of funds, not that you had the vast majority in one asset class? Sounds very poor 

ColdIron

1/12 at Betfair, not worth a cheeky lay even at those odds

eskbanker

ColdIron said:

1/12 at Betfair, not worth a cheeky lay even at those odds

Another Westminster scandal incoming?

artyboy

Cus said:

artyboy said:

Alistair31 said:

How do you diversify a global tracker? 

Thats what I asked the 'investment coach' from Bestinvest who called me when their algorithm highlighted I might not be diversified enough. Apparently that was because I had a substantial sum invested solely in one fund - specifically HMWO. 

Sent her away with a flea in her ear saying their algorithm was overly simplistic nonsense. Another reason I'm not with them anymore...

So if you had put half of HMWO funds into another world tracker fund,  they wouldn't have called you? Their algorithm was to measure the number of funds, not that you had the vast majority in one asset class? Sounds very poor 

Possibly even two would have flagged, she was a bit embarrassed by the fact it had got picked up, I suggested that the algorithm needed some diversity training, but I don't think she got it 

As if I don't get enough nanny-stating with pensions...

Bostonerimus1

If the OP has a global equity tracker they can diversify the asset class with some bonds and cash and if they have that HSBC global strategy balanced fund then they are already well diversified and I'd just put more into that. I would make sure you are using tax advantaged funds to the max you can ie ISAs and workplace pensions as well as SIPPs.

Any investment strategy is going to have to deal with the uncertainties of governments and their politics and diversification helps that ie avoid single shares. I'm sure Thames Water investors are sweating right now. If you lived in Argentina then you would be in real difficulty wrt inflation and exchange rates. But the UK is reasonably stable (we'll ignore those 49 days in 2022) and the major parties all have pretty catholic economic polices, but there will be areas of different emphasis. I don't see any major issues for the regular retail investor with whatever party forms the next government. 

Albermarle

ColdIron said:

1/12 at Betfair, not worth a cheeky lay even at those odds

 1/12 is to have the most seats . Labour majority on Betfair exchange is only around 1/7. Although in their Sportsbook they are 1/14 !

ColdIron

Albermarle said:

ColdIron said:

1/12 at Betfair, not worth a cheeky lay even at those odds

 1/12 is to have the most seats . Labour majority on Betfair exchange is only around 1/7. Although in their Sportsbook they are 1/14 !

You are of course correct, I quoted most seats. Either looks nailed on but with the date unknown it's not worth a punt yet as you could lie up a lot of money for quite a long time for a low return

I think the Conservative seats is a more interesting market. A year ago I guessed somewhere around Miliband's 2015 232 level but not down to Corbyn's 2019 202 low. 100-149 seems to be the place to be now

Apols to the OP, this thread has gone way off course, but I think the advice so far to stay where you are is correct

martin7575

@Hoenir I do have an investment property but other than that yes