All Star Manager Portfolio

meester

munk wrote: »

Sorry yes, up to £3600 in cash but importantly if you only want £1000 in cash you can then have up to £6000 in s&s I believe?

£6,200 from April 6th. Total allowance is being increased by £200.

MrMicawber_2

fatheroftwo - a great selection of equity funds. Given you have 5k in UK all companies, 3k in OM Mid Cap might be a bit high. It has been a good performer for several years but a more general fund might be more appropriate to your risk profile - M&G UK Recovery, Jupiter UK Growth, Schroder UK Alpha?

FATHEROFTWO_2

Thanks .

I did have a look at the above funds but again the manager history combined with consistent performance over the long term with a low exposure to the financial sector was my main pointers.

Any ideas what the volatility would be in the the last portfolio I published in comparison to the all share index.

I notice that many of the long standing posters such as dunstonh,edinvestor and others have not commented much on my amended portfolio.

Does this mean that they think the portfolio is basically OK and cant think of anything to say to to criticise it and Im on the right tracks ?

MrMicawber_2

I wouldn't be able to make any sensible comment about the volatility. To me your portfolio looks well balanced and cautious / medium risk with a really good range of funds - pretty much all are well known and in most preferred lists (there was one bond fund I wasn't familiar with).

It looks to me as if you have have done a huge amount of research.

I think that some like dunstonh and edinvestor may find it difficult to comment as IFA's and could get hauled over the coals for doing so.

meester

MrMicawber wrote: »

I wouldn't be able to make any sensible comment about the volatility. To me your portfolio looks well balanced and cautious / medium risk with a really good range of funds - pretty much all are well known and in most preferred lists (there was one bond fund I wasn't familiar with).

It looks to me as if you have have done a huge amount of research.

I think that some like dunstonh and edinvestor may find it difficult to comment as IFA's and could get hauled over the coals for doing so.

edinvestor is not an IFA.

purch

It looks to me as if you have have done a huge amount of research.

Too much....:eek: (no offense meant)

FATHEROFTWO_2

OK Managed to get the BESTINVEST site to give me an asset allocation with a volatility and comparison to the FTSE ALL SHARE INDEX

Again my portfolio is as follows:


UK EQUITY INCOME ( £10000)

Neptune Income £3000 Robin Geffin AAA citywire
Invesco Perp High Income £5000 Neil Woodford AAA citywire
Artemis Income £2000 Adrian Frost AAA citywire


UK ALL COMPANIES ( £5000)

Saracen Growth Fund Alpha £2000 Jim Fisher AAA Citywire
Old Mutual UK select Mid Cap £3000 Ashton Bradbury AAA Citywire


EUROPEAN FUNDS ( £5000)

Artemis European Growth Opps £2000 Philip Wolstencroft/Saacke AA Citywire
Neptune European Growth Opps £3000 Rob Burnett AAA Citywire


GLOBAL FUNDS (£12000)

Neptune Global Equity £3000 Robin Geffin AAA Citywire
Artemis Global Growth £3000 Peter Saacke AA Citywire
M&G Global Basics £3000 Graham French A Citywire
M&G Global Leaders £3000 Aled Smith AAA Citywire


CORPORATE BONDS ( £8000) 16 percent of portfolio

Invesco Perp Corporate Bond £3000 Paull Causer/Reid A citywire
M&G Corporate Bond £3000 Richard Woolnough Non Rated
New Star Sterling Bond £2000 Philip Roantree Non Rated

HIGH YIELD BONDS ( £4000) 8 Per Cent Of Portfolio

Invesco Perp Euro High Yield Bond £2000 Neil Woodford AAA Citywire
Threadneedle High Yield Bond £2000 Barrie Whitman Non Rated


OTHER BONDS (Equity with Approx 10 percent Bond Mix) £6000

Invesco Perp Monthly Inc £3000
Artemis High Income £3000


The breakdown using the BESTINVEST SITE shows the following

EQUITIES 61 PERCENT

HIGH YIELD BONDS 13 PERCENT

QUALITY BONDS 19 PERCENT

NATURAL RESOURCES 3 PERCENT

CASH 4 PERCENT

GRAPHIC SPLIT OF EQUITIES

UK 51 PERCENT

EUROPE 27 PERCENT

NTH AMERICA 10 PERCENT

JAPAN 2 PERCENT

PACIFIC 3 PERCENT

OTHER EQUITY 7 PERCENT



LARGE CAP 56 PERCENT
MID CAP 33 PERCENT
SMALL CAP 11 PERCENT

Estimated Volatility 13.9 PERCENT
0.93 times as volatile as the FTSE ALLSHARE TRACKER

Out of curiosity I removed £5K Between a corporate bond and a high yield bond to maintain balance between the different type of bond funds and substituted it for £5k worth of BLACKROCK UK ABSOLUTE ALPHA A as an experiment in how it would effect the VOLATILITY and FTSE comparison.

This resulted in the VOLATILITY being reduced from 13.9 to 9.1 percent and the FTSE ALL SHARE INDEX REDUCED FROM 0.93 TO 0.89 PERCENT times the all share index

I would appreciate any opinion on how the risk allocation compares with what should be a cautious or Balanced RISK portfolio in the above or any comments if it sound OK or any alternative comments offered.

Thanks for bearing with me on this

munk

I would appreciate any opinion on how the risk allocation compares with what should be a cautious or Balanced RISK portfolio in the above or any comments if it sound OK or any alternative comments offered.

The Bestinvest portfolio planner tells you that underneath the 'ESTIMATED VOLATILITY' line. It should say something along the lines of 'This is xxx times as volatile as the Asset Allocation Model' (the model that you choose at the start of the portfolio planning process).

Also just FYI, the BlackRock UK Absolute Alpha fund is only available in P Class share type for retail investors - the A class is for institutional investors only.

FATHEROFTWO_2

munk wrote: »

The Bestinvest portfolio planner tells you that underneath the 'ESTIMATED VOLATILITY' line. It should say something along the lines of 'This is xxx times as volatile as the Asset Allocation Model' (the model that you choose at the start of the portfolio planning process).

Also just FYI, the BlackRock UK Absolute Alpha fund is only available in P Class share type for retail investors - the A class is for institutional investors only.

Yes Re the comparison to the comparison to the "asset allocation model" it has a question mark ( ? )so I presume I have deviated too far away from it to compare.

Re Blackrock will the difference in P class and A make a difference to the comparison made on the BESTINVEST SITE ?

Has anyone any comments re the portfolio ?

Does the initial portfolio (without blackrock) look like a medium risk/low risk portfolio ? or someone PLEASE tell me what it is ?

Does the volatility of 13.9 percent seem a bit high ?

What would be a low.....medium.....high risk volitility factor be...anyone got any ideas ?

thanks

markd_2

Please can someone advise how you get access to the Bestinvest portfolio planner - do you need to have investments with bestinvest? I would like to enter some possible funds that i am looking at and would like to check my risk profile. Thanks