Neptune Global Equity & Artemis Global Growth

ferox666

I was just looking at the above two funds because I want to invest in the "global growth" area for long-term and wondered if anyone knows how similar these 2 funds are. I.e. do they both invest in the same sort of areas and are they both a similar level of risk? I would not want to invest in both of them if they are very similar and if it was likely that if one crashes the other will too. The Artemis fund seemed lower risk but I'm really not too sure. Thanks, hope someone can help.

P.S. Another question, if investing through Hargreaves Lansdown with a monthly direct debit, is there a minimum period you have to agree to pay the D/D? For example, if I invested £200-a-month into a fund through them and then 3 or 4 months later my financial circumstances changed, could I cancel my D/D but leave my £600-£800 sitting in the fund but adding no more new money? Or would I have to pay that in for a minimum period e.g. a year?

purch

They are very different Funds both in their methodology of sector and stock picking, and day to day management.

wombat42_2

purch wrote: »

They are very different Funds both in their methodology of sector and stock picking, and day to day management.

I was invested in both but ditched Artemis - now only Neptune. Artemis has underperformed of late partly because fund manager had quite a lot in financials as he thought the credit crunch is over. Artemis sticks to country and sector allocations roughly according to their natural percentages. Neptune is more radical, throwing the map away and keeping well away from anything to do with credit crunches - it is currently overweight on resources and emerging markets.

I like the neptune fund a lot and for this fund H&L give you a full discount so no up fromt charges at all.

ferox666

Thanks for the replies, so am I correct in saying I'm not putting all my eggs in one basket by choosing these as my only 2 investment funds (for the next few years anyway)?

Also would appreciate if anyone knows the answer to my other question about how Hargreave's D/D works. Thanks

ferox666

Also does anyone know how far along the "sliding scale" of risk both these funds are? Are they high-risk??

wombat42_2

ferox666 wrote: »

Also does anyone know how far along the "sliding scale" of risk both these funds are? Are they high-risk??

Phone up HL about your DD question. They are helpful I dont think anyone here knows the answer.

I think the neptune fund is medium/high risk and the artemis more like medium risk.

Personally I have almost all my money in Neptune as by its nature of being a global fund it is well diversified.

ferox666

Thanks wombat

If I recall correctly you are the person who made a lot through China funds, I read that with interest. You say you have a lot in Neptune but if this is a high risk fund aren't you worried about it suddenly crashing? Or would you just leave all your money there long-term and "ride out the storm", counting on future years to make up for the immediate loss? I like the idea of this fund and realise it's high risk, and that's the only method I think I could use to cope with the high risk status (leave money there long term) what do u think?

purch

It is a high risk strategy to keep your whole portfolio in just 2 funds, especially when both are from the same general sector.

wombat42_2

ferox666 wrote: »

Thanks wombat

If I recall correctly you are the person who made a lot through China funds, I read that with interest. You say you have a lot in Neptune but if this is a high risk fund aren't you worried about it suddenly crashing? Or would you just leave all your money there long-term and "ride out the storm", counting on future years to make up for the immediate loss? I like the idea of this fund and realise it's high risk, and that's the only method I think I could use to cope with the high risk status (leave money there long term) what do u think?

Yes that was me in China last year. I intend to just ride the storm and stick to Neptune for the long term. You can get significantly higher risk funds than Neptune such a single country or single sector or emerging market funds. Neptune wont plummet in isolation to the other funds. If Neptune ever plummeted i suspect many other finds would at the same time. As i said being a global fund it is by its nature well diversified and i couldnt work out a better country/sector portfolio if i did it myself from say a dozen different component funds and being actively managed I dont have to bother with constant fund switching to keep the country/sector spread uptodate with events.

Geoffo_M

All you need to know:-

Artemis Global Growth
http://www.trustnet.com/ut/funds/?fund=1669

Neptune Global Equity
http://www.trustnet.com/ut/funds/?fund=4858

HTH

purch

As i said being a global fund it is by its nature well diversified and i couldnt work out a better country/sector portfolio if i did it myself from say a dozen different component funds and being actively managed I dont have to bother with constant fund switching to keep the country/sector spread uptodate with events.

......if you keep saying it, you might just end up convincing yourself !!!!!