Portfolio check please

longwalks1

Good morning everyone

Hope this is OK to ask.

Just after a portfolio check, currently holding approx 20% of each fund in my private SIPP, I’ve got 10 years until I can start drawing it.  I posted in here instead of the pension forum as all the funds can be held in ISA’s too. 

I do know it’s tech heavy, which has done well the last couple of years but wondering if it’s still too heavily weighted towards the magnificent 7.  Thanks everyone

BJLVT85 - HSBC Islamic Global Equity Index BC GBP

SPXP - Invesco S&P 500 ETF GBP

IITU - iShares S&P 500 Info Tech Sect ETF$Acc GBP

B0CNH16 - L&G Global Technology Index I Acc

SMGB - VanEck Semiconductor ETF GBP

dunstonh

Possibly one of the highest-risk portfolios of unit-linked investments I have seen in a very long time.   Do you accept 90% loss potential?

Albermarle

I do know it’s tech heavy, which has done well the last couple of years but wondering if it’s still too heavily weighted towards the magnificent 7.

It could not be much more tech heavy ! ( and pretty US heavy as well) 
It is a high risk, potential high growth/loss portfolio. If you are planning to drawdown from it in 10 years, I think it is time to start derisking.

longwalks1

Thank you both. 

As I said I’ve had good growth the last couple of years and realise that rate of growth can not continue, and have seen it level off with the recent correction.  I’m hoping for some advice regarding where to look as part of my derisking, and what others would do. 

Thanks again 

Eyeful

As I cannot foretell the future, come back in 10 years time & I will let you know.

For now get a low cost passive GLOBAL INDEX fund or ETF. In may or may not beat your portfolio but will save you time, stress and worry. It may even cost you less as well

Albermarle

The above suggestion will keep you at 100% equity which still can be quite volatile, but as it is more spread out over the world/more companies, so it is not as riskily concentrated as your portfolio. 
It would still be too risky/volatile for most people, but you seem to have a high risk tolerance.
Maybe when you get closer to withdrawal time, you may want to dilute the equity to less than 100%.

Eyeful

If you want to reduce the risk of your portfolio watch this video:     https://www.kroijer.com/