S&S ISA Funds Suggestion

mazibee

Hi Everyone,

I have opened a S&S ISA with HL, funded with £20K

Need suggestion for selecting funds (Investment period is 5Years +)

I have shortlisted few below 



-- Is it a good option to just go for HL MULTI-INDEX ADVENTUROUS CLASS A - ACCUMULATION (GBP) (OCF is 0.30%)

OR

It will be better to select few funds form the the ones I have shortlisted above. Any suggestions on which 2/3 funds to select.

-- Shall I buy lumpsum or drip feed every month in case I plan to go for any one fund?

-- When I logged in my HL account they are promoting a variety of HL Multi Index funds starting from 06-06-2024 but unfortunately unable to see top 10 holdings and other information where they will  be invested.

HL charges are deducted from the S&S ISA amount of £20k and or they can be paid on top of it , I one shall but  funds/ Stocks for £20k or leave some money in the account for the charges.

-- Is there any website from where last 10 years Cumulative performance of the above funds can be checked?

Thanks in advance.

eskbanker

Even though it sounds like a different account, isn't the fund selection issue much the same as what was discussed in one of your other threads?

https://forums.moneysavingexpert.com/discussion/6526365/fund-suggestions-for-junior-isa

Being too heavily influenced by past performance remains a high risk, especially if it makes you consider overweighting Turkey!

mazibee

eskbanker said:

Even though it sounds like a different account, isn't the fund selection issue much the same as what was discussed in one of your other threads?

https://forums.moneysavingexpert.com/discussion/6526365/fund-suggestions-for-junior-isa

Being too heavily influenced by past performance remains a high risk, especially if it makes you consider overweighting Turkey!

Thanks for your reply. The previous thread you have mentioned , I was asking for my son.

Now I have opened for S&S ISA for myself.

I do not want to invest all in Turkey, In the Hl platform when I sort by cumulative performance of the funds , Turkey comes on the top.

LHW99

Apart from Turkey & India, how much overlap is there in the remaining holdings?

eg L&G Global Equity C, L&G International Index C & HSBC FTSE All-World C seem to have the same top 6 shares:

https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-global-equity-index-class-c-accumulation

https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-international-index-trust-c-accumulation

https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/h/hsbc-ftse-all-world-index-class-c-accumulation

Probably the US index holds those somewhere too.

Albermarle

If you want to go 100% equity ( and it looks like you do) then the bottom two are diversified global index trackers, so are less concentrated and therefore less risky than the others.

I do not want to invest all in Turkey, In the Hl platform when I sort by cumulative performance of the funds , Turkey comes on the top.

High past performance may well mean there is good likelihood of a crash down to earth. However nobody knows.

eskbanker

mazibee said:
The previous thread you have mentioned , I was asking for my son.

Now I have opened for S&S ISA for myself.

Hence "Even though it sounds like a different account, isn't the fund selection issue much the same"!  If you have different requirements that would affect fund selection, what are they?

aroominyork

If you are only choosing countries because of past performance you are very likely to get a shock. Past performance is NOT a guide to future returns. A few years ago that would have led you to Japanese smaller companies, but since their highpoint in 2020 you might have lost up to half you money while the rest of the world's markets rose strongly.

dunstonh

IIRC,  the L&G internal index fund excludes UK and emerging markets (im not looking it up on a bank holiday).   So, you would need a UK equity fund and an emerging markets fund to go with it.

Remove the fashion investing and past performance selections from the list and you are left with either the L&G fund selecting your own degree of home bias and emerging markets or an all world tracker with market cap.

mazibee

LHW99 said:

Apart from Turkey & India, how much overlap is there in the remaining holdings?

eg L&G Global Equity C, L&G International Index C & HSBC FTSE All-World C seem to have the same top 6 shares:

https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-global-equity-index-class-c-accumulation

https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-international-index-trust-c-accumulation

https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/h/hsbc-ftse-all-world-index-class-c-accumulation

Probably the US index holds those somewhere too.

Yes you are right, there is am overlap in the Top 6 Holdings,
So L&G US Index Class C seems a good option. OCF is 0.05% 580 holdings

mazibee

Albermarle said:

If you want to go 100% equity ( and it looks like you do) then the bottom two are diversified global index trackers, so are less concentrated and therefore less risky than the others.

I do not want to invest all in Turkey, In the Hl platform when I sort by cumulative performance of the funds , Turkey comes on the top.

High past performance may well mean there is good likelihood of a crash down to earth. However nobody knows.

I plan to go for 100% equity, I will select one from these two
L&G Global Equity Index
HSBC FTSE ALL World Index

mazibee

eskbanker said:

mazibee said:
The previous thread you have mentioned , I was asking for my son.

Now I have opened for S&S ISA for myself.

Hence "Even though it sounds like a different account, isn't the fund selection issue much the same"!  If you have different requirements that would affect fund selection, what are they?

Requirements are same, safety of the principal amount and then growth?