Is This A tax Loophole??

NorthernGeezer_2

Multi asset funds, yeah

masonic

That had me confused too!

A fund like HSBC Global Strategy will have a high exposure to the USA, so you could consider "balancing" with something less US-focused like L&G Multi Index. Although there's no knowing whether the US will return to leading on stock market growth.

On the point about anticipating it falling, then yes you should expect that to happen every few years. It will have dropped during the recent Iran hostilities and Trump's earlier tariff war with the rest of the world. Periods of negative performance are part and parcel of investing. Sometimes these drops last longer than they have recently, but if you are planning to invest for long enough, then you can ride them out.

NorthernGeezer_2

but if you are planning to invest for long enough, then you can ride them out……. and that's the plan for both of us, its money we don't need, its for the ankle biters when we're no longer here.

I take your point with regards to high USA exposure, I'll take a look at your recommendation, thanks.