What's your favourite multi-asset range and why?

Jaguar98

To reduce risk, consider moving some of your FTSE Global All Cap funds into a multi-asset fund like HSBC Global Strategy Balanced for better diversification.

InvesterJones

Aminatidi said:

What are peoples thoughts on the "eggs in one basket" part of GS Balanced?

It was previously covered, but to repeat, GS Balanced is already many baskets, so there isn't a concern with putting eggs in one basket.

Alexland

InvesterJones said:

It was previously covered, but to repeat, GS Balanced is already many baskets, so there isn't a concern with putting eggs in one basket.

Although the underlying investments might be similar and diversified I would still be tempted to hold different fund managers in different large accounts on multiple platforms to average down the risk of one of them one day suffering substantial theft / fraud and suffering a loss of the assets on a scale they cannot compensate.

Not that I would stick strictly to FSCS limits (some of my accounts are way beyond that) just something sensible that spreads your money around a bit as you probably need to have a few different types of account anyway.

Even if the worst never happens spreading things around might help you sleep at night.

Albermarle

ThePirates said:

New to investing, reading everything I can! 
What's the recommend way to invest in HSBC Global Strategy Balanced: monthly regular deposit or lump sum? Who is the cheapest provider to go with?

First you need to decide the best route to invest for you.
Via a pension
Via a stocks and shares ISA
Via a general trading account.

The last one is best avoided until you have filled other options up, as you will have more admin and may end up paying tax.

badger09

ThePirates said:

New to investing, reading everything I can! 
What's the recommend way to invest in HSBC Global Strategy Balanced: monthly regular deposit or lump sum? Who is the cheapest provider to go with?

In addition to @Albermarle’s comment, statistically it’s better to invest as soon as you have the money available. Psychologically it might be better to drip feed. Especially if you’re likely to panic at the 1st substantial fall in value. 

Once you’ve decided on the type of account/tax wrapper, in what, & how you’re going to invest, then you can compare platforms & their different charging structures. 

Aminatidi

@ThePirates I use IWeb - the platform is basic and a bit "no frills" and doesn't do some stuff that I'd perhaps taken for granted that it would but basically it's fine.

So on the wider question there seems to be a lot of love for HSBC Global Strategy and almost no mention of any other ranges?

On the eggs in one basket thing around a single fund and platform would anyone really have any concerns when using someone like IWeb who are owned by Lloyds?

Can't help but think that if either of HSBC or Lloyds are on the take we've probably all got much bigger things to worry about.

Beddie

I like BNY Mellon Multi-Asset Balanced, but it is an active fund which many on here won't use. 0.54% charge on HL with their discount, I'm fine with that. If passive, I'd go for HSBC as mentioned above or Vanguard Lifestrategy.

Aminatidi

Beddie said:

I like BNY Mellon Multi-Asset Balanced, but it is an active fund which many on here won't use. 0.54% charge on HL with their discount, I'm fine with that. If passive, I'd go for HSBC as mentioned above or Vanguard Lifestrategy.

I lean towards the "fund of fund" passive approach simply because I've found it pretty simple to switch off to whether or not the fund managers have got it right or not.

It's interesting when you look at the low cost funds just how "expensive" a 0.68% management fee seems 😀

InvesterJones

Beddie said:

I like BNY Mellon Multi-Asset Balanced, but it is an active fund which many on here won't use. 0.54% charge on HL with their discount, I'm fine with that. If passive, I'd go for HSBC as mentioned above or Vanguard Lifestrategy.

HSBC GS and Vanguard LS are also active funds, just very low cost ones.