Funds in SIPP

HarryIb

I have seven funds in my SIPP, and a small investment in FTSE 100 shares. One of the funds is Fundsmith, and in the eight years I've been running the SIPP its performance has been excellent, more than doubling in value in that time. However, the fund accounts for just under one third of my total investments. Is this too much? Any ideas gratefully received. Thanks.

Bostonerimus1

Well you have to look at your finances holistically so you need to consider your asset allocation in Fundsmith relative to all your other assets and your current circumstances. Personally I would not hold Fundsmith because it's an actively managed "flavour of the month" type of fund. Recently it as done what such funds often do and slid down the performance tables.

Albermarle

As above is the SIPP the only asset you have?
Do you have any cash savings, other investments etc

DRS1

I have heard professional investment managers talking about "top slicing" the investments that have done well and reinvesting the proceeds in the ones that have done badly.

At the time I wondered what fool had come up with that one.  But it probably does make sense.

AlanP_2

I work on the principle that if any 1 active fund we hold went "bust" then would be seriously impacted and limit my individual exposures that way.