scotish mortgage trust

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  • dunstonh
    dunstonh Posts: 116,387 Forumite
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    My risk profile is moderately adventurous according to an IFA

    context of words is needed as different risk scales may use similar words but put people in different places.

    On my risk scale, we have a moderate to adventurous classification. VLS60 isnt in that classification but a lower risk level. SMT isnt in that classification is in a much higher risk profile.

    If you had the risk profile for VLS60, then SMT would scare the hell out of you at times. If you had the risk profile for SMT, you would ultimately find VLS60 to be a disappointment.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • BLB53
    BLB53 Posts: 1,583 Forumite
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    It may not be an either/or...why not put the majority of your spare money into VLS 60 and the rest in SMT?
  • joebob
    joebob Posts: 451 Forumite
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    dunstonh wrote: »
    context of words is needed as different risk scales may use similar words but put people in different places.

    On my risk scale, we have a moderate to adventurous classification. VLS60 isnt in that classification but a lower risk level. SMT isnt in that classification is in a much higher risk profile.

    If you had the risk profile for VLS60, then SMT would scare the hell out of you at times. If you had the risk profile for SMT, you would ultimately find VLS60 to be a disappointment.

    The risk profile was done on Fina metrica risk profiling.
    I get what your saying about risk on SMT having just looked on the trustnet site which is the first time i have been on and is good for research thanks coldiron. will continue to look and research, just looking for something more exciting than isas and low interest accounts.
  • jimjames
    jimjames Posts: 17,625 Forumite
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    BLB53 wrote: »
    It may not be an either/or...why not put the majority of your spare money into VLS 60 and the rest in SMT?

    Alternatively investing monthly into SMT might be a way to smooth out the ride a bit
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Alexland
    Alexland Posts: 9,653 Forumite
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    You already have a very UK centric share portfolio so assuming you are going to keep them then I would suggest you consider investing in a mixed asset fund with less bias than VLS.

    I don't get the feeling that SMT would be right for you but given the rest of your portfolio I can see why you would be attracted to it.

    Alex
  • bigadaj
    bigadaj Posts: 11,531 Forumite
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    joebob wrote: »
    The risk profile was done on Fina metrica risk profiling.
    I get what your saying about risk on SMT having just looked on the trustnet site which is the first time i have been on and is good for research thanks coldiron. will continue to look and research, just looking for something more exciting than isas and low interest accounts.

    SMT is almost certainly lower risk than your share portfolio, that's not very low risk at all though.

    Why have you got individual shares and why those?
  • Eco_Miser
    Eco_Miser Posts: 4,708 Forumite
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    joebob wrote: »
    just looking for something more exciting than isas and low interest accounts.
    What do you thank an isa is?
    In reality with the right (wrong) choice they could be very exciting indeed.
    Eco Miser
    Saving money for well over half a century
  • joebob
    joebob Posts: 451 Forumite
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    bigadaj wrote: »
    SMT is almost certainly lower risk than your share portfolio, that's not very low risk at all though.

    Why have you got individual shares and why those?

    I started buying them 4-5 years ago whenever i had spare cash. some were recommended and some i had a good feeling about when they were at a low price ie TW 50p marshalls 1.57
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