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

Aminatidi

I have £214K sat in a S&S ISA that is in FTSE Global All Cap.

Deep down I know I probably can't stomach a 2008 type event but it's been very easy to sit back whilst volatility is reasonably low and watch it grow.

I know I should dial the risk down a bit - probably to around 70/30 - but I keep procrastinating on actually doing anything.

One option is just to sell down 20-30% and stick in a MMF I guess - works whilst cash rates are decent.

The other option is to switch some or all to a multi-asset fund - I already have £150K unwrapped in HSBC Global Strategy Balanced.

Which multi-asset fund range(s) would you be looking at?

I don't especially like the home bias many have but others seem to have an Asia/Far East or value bias.

Is sticking the whole lot in Global Strategy Balanced a bit too much "eggs in one basket"?

Appreciate there's no "right" answer here - I just keep dragging my heels and never actually do anything (which works until all of a sudden it doesn't).

masonic

HSBC GS is the one I have tended to like the look of most. No home bias and unhedged international bonds.

Voyager2002

Aminatidi said:

I have £214K sat in a S&S ISA that is in FTSE Global All Cap.

Deep down I know I probably can't stomach a 2008 type event but it's been very easy to sit back whilst volatility is reasonably low and watch it grow.

I know I should dial the risk down a bit - probably to around 70/30 - but I keep procrastinating on actually doing anything.

One option is just to sell down 20-30% and stick in a MMF I guess - works whilst cash rates are decent.

The other option is to switch some or all to a multi-asset fund - I already have £150K unwrapped in HSBC Global Strategy Balanced.

Which multi-asset fund range(s) would you be looking at?

I don't especially like the home bias many have but others seem to have an Asia/Far East or value bias.

Is sticking the whole lot in Global Strategy Balanced a bit too much "eggs in one basket"?

Appreciate there's no "right" answer here - I just keep dragging my heels and never actually do anything (which works until all of a sudden it doesn't).

I think you are over-complicating matters...

A multi-asset fund such as Global Strategy Balanced ought to spread your eggs between many different baskets and so give you the diversification and risk reduction that you feel is appropriate.

Ivkoto

I would be looking at BlackRock Consensus 85 Fund. 

https://www.blackrock.com/uk/individual/products/230044/blackrock-consensus-85-fund-i-accum-class-fund

Sea_Shell

Another "fan" of HSBC Global Strategy Balanced here.  

We have about 45% of our "self invested" wrapped funds with them.    (Which excludes pensions still with the original schemes)

We have the other 55% in Rathbones Global Opportunities, but that is pretty much 100% equities.

We balance this out with about 20% of our overall portfolio in cash.

Overall we are about 60% equities, and 20% "other" (bonds and stuff within the funds themselves)

ThePirates

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?

Aidanmc

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?

If investing a lump sum Iweb would be good, free to open an account until end of 2024, £5 per trade,no annual fees.

If making regular monthly deposits this would cost £60 pa

dealyboy

I am also with HSBC Global Strategy 50:50 Balanced:Dynamic Portfolio, so on average 70:30 equities:bonds/fixed cost assets.

OP: You have Balanced; risk level is dependent on both your appetite and how long you will be invested so will it be for growth (long/higher risk) or security (specific term/moderate risk)?

@ThePirates: Monevator is a good source of articles and informed comments ...
https://monevator.com/passive-fund-of-funds-the-rivals/ (article two years old now)
https://monevator.com/lump-sum-investing-versus-drip-feeding/
https://monevator.com/compare-uk-cheapest-online-brokers/
... but the best place ... well you're here already  .

Alexland

If I had to choose only one S&S investment for my current market outlook it would be HSBC GS Balanced. Bonds valuations are back to normal and equities are starting to concern me. I just moved my kids JISAs from an index tracker into this fund.
Still it depends on when you might need the money. I wouldn't want to be 100% equities for anything needed in the next 10 years which is kinda where my kids are now.
I still have some very long term accounts like their SIPPs at 100% equities.

Aminatidi

Thanks all so far.

Regards timeline I'm late 40's and have around £500K if I include cash and my DC pensions and there's around £2750/month going in.

Single and no kids and don't need a fortune to live so I'm kind of at that point where a few more years and work becomes optional and to borrow a phrase from Buffet "It’s insane to risk what you have and need for something you don’t really need" leaps to mind.

I fully take the 10 year point but I think it's kind of academic as pretty much every online risk profile I do puts me at balanced/medium risk - I just got a bit stupid but lucky going in on FTSE Global All Cap but trust me I know I wouldn't be happy seeing it draw down by 30-40% even temporarily.

That's the kind of thing that can be the difference between the choice of being able to not work and having to work.

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

HHarry

What would you expect the draw down to be on GS Balanced, in the same event that saw All Cap drop by 30-40%?  20% maybe?

 Whilst I appreciate that a 20% drop is a damn sight better than 40%, pyschologically are you going to feel any better when it happens?