Maximum to hold in a single fund?

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I tend to be a bit nervous about having 'too much' in one fund and would prefer to split an investment between similar funds to spread the (what I perceive to be) risk over different fund providers. Is there a rule of thumb for this ie a maximum that it's recommended to hold in one fund? Please be kind - I'm super cautious by nature and I've had some pretty condescending comments when I've mentioned this before, but I'd like to know the answer to this serious question please.

wmb194

Aged said:

I tend to be a bit nervous about having 'too much' in one fund and would prefer to split an investment between similar funds to spread the (what I perceive to be) risk over different fund providers. Is there a rule of thumb for this ie a maximum that it's recommended to hold in one fund? Please be kind - I'm super cautious by nature and I've had some pretty condescending comments when I've mentioned this before, but I'd like to know the answer to this serious question please.

If it makes you feel anxious then split your investment between multiple funds/fund providers in amounts you're comfortable with and don't concern yourself with what other people do. In regards to managing risk, there's an old saying in investing about finding your, 'sleep level.'

Aged

wmb194 said:

Aged said:

I tend to be a bit nervous about having 'too much' in one fund and would prefer to split an investment between similar funds to spread the (what I perceive to be) risk over different fund providers. Is there a rule of thumb for this ie a maximum that it's recommended to hold in one fund? Please be kind - I'm super cautious by nature and I've had some pretty condescending comments when I've mentioned this before, but I'd like to know the answer to this serious question please.

If it makes you feel anxious then split your investment between multiple funds/fund providers in amounts you're comfortable with and don't concern yourself with what other people do. In regards to managing risk, there's an old saying in investing about finding your, 'sleep level.'

Hi, thanks for responding. Not meaning to be rude, but I'm not asking what other people do, I'm asking for a definitive answer to this question. The reason I'm asking this now is that I'm having difficulty finding similar funds to the one I'm already invested in (Vanguard FTSE Developed World Ex-UK Equity Index Fund) and yes, my 'sleep level' is exactly the issue here!

poseidon1

Aged said:

wmb194 said:

Aged said:

I tend to be a bit nervous about having 'too much' in one fund and would prefer to split an investment between similar funds to spread the (what I perceive to be) risk over different fund providers. Is there a rule of thumb for this ie a maximum that it's recommended to hold in one fund? Please be kind - I'm super cautious by nature and I've had some pretty condescending comments when I've mentioned this before, but I'd like to know the answer to this serious question please.

If it makes you feel anxious then split your investment between multiple funds/fund providers in amounts you're comfortable with and don't concern yourself with what other people do. In regards to managing risk, there's an old saying in investing about finding your, 'sleep level.'

Hi, thanks for responding. Not meaning to be rude, but I'm not asking what other people do, I'm asking for a definitive answer to this question. The reason I'm asking this now is that I'm having difficulty finding similar funds to the one I'm already invested in (Vanguard FTSE Developed World Ex-UK Equity Index Fund) and yes, my 'sleep level' is exactly the issue here!

There can be no definitive answer to that.

By definition every single investor will be different  and have their own view whether they it feel necessary to have a diverse number of funds tracking the same index (or near equivalent) , or simply stick to what they perceive to be a  single trusted provider.

Others may come up with ideas for a near equivalent to the fund you hold, but beyond that they cannot give objective advice of how many they feel should be held for your reassurance. Only you can subjectively determine what you will be personally comfortably with. As the saying goes 'one man's meat is another man's poison'.

Eyeful

1. You might want  to consider these funds 
Legal & General Global Equity (ex UK) Index Fund
BlackRock World ex UK Equity Index Fund
Invesco Global ex UK Enhanced Index Fund

2. Your question is like "How long is a bit of string". and you may not like the answer.
We are not you and we all have different risk tolerance. 
Your investments should let you sleep at night and not cause you worry.

3  Investments that do cause you worry or not sleep at night mean you are investing above your risk tolerance (which only you will know).

4. You need to adjust your investment to a level you are comfortable with (again only you will know what that is)