Which Technology Mutual Fund + or Green Energy Fund for ISA

[Phooey]

I think for next ISA subscription year 2021/22 I'm going to invest in a Technology Mutual Fund, through Hargreaves Lansdown. I appreciate I need to do my own research etc but wondered if anyone had any recommendations or suggestions on WHICH fund/s to look at with regards to past performance, fund managers, AUM, costs and everything else etc etc. Happy to take on the high risk which some of these funds are. I also feel I should be looking at some form of Green energy fund and so might include one of these too. Again, I need to DYOR and all that but would like to hear where you guys/gals are investing for Green

Cheers

[xeny]

Is there a particular reason you want a mutual fund rather than an Investment Trust?

Compare and contrast fees and return Polar Capital Global Technology (OEIC) vs Polar Capital Technology (IT).

https://masterinvestor.co.uk/funds-and-investment-... says the IT has better 10 year returns and lower fees.

Additionally, if you want to invest through HL, aren't ITs cheaper to hold?

[bitchstewie]

+1 if you can find a suitable IT or ETF it'll cost peanuts on HL if it grows large enough.

[Phooey]

Point taken re Mutual vs ETF. I'll have to do a bit more research but was initially thinking of an actively managed fund - I thought this was a Mutual? I just fancy something a bit more opposite to what I've already got within my SIPP/ISA. I also have an ISA account with Vanguard but not sure they do a purely tech / green fund.

[bitchstewie]

If you're on HL in terms of fees just think of it as everything under funds is 0.45% to HL as a platform fee and everything under Shares (which includes ETFs and ITs) is 0.45% in an ISA but with a £45 cap.

Oh fund fees do reduce once you're over £250K I think.

Edited by bhstewie on Saturday 13th February 12:57

[xeny]

Phooey said:

Il have to do a bit more research but was initially thinking of an actively managed fund - I thought this was a Mutual? .

You can have an active ETF, Investment Trust or Mutual fund (OEIC). Active ETFs tent to be less common but do exist.

[LeoSayer]

I put Blackrock Next Generation Technology fund into my son's ISA last year just before the market drops in March....it's now up over 100%

Edited by LeoSayer on Saturday 13th February 17:54

[elanfan]

Axa Framlington Global Technology

Last5 years

12/02/16 to 12/02/17 12/02/17 to 12/02/18 12/02/18 to 12/02/19 12/02/19 to 12/02/20 12/02/20 to 12/02/21
Annual return 64.18% 19.40% 23.35% 29.54% 45.78%


£10000 to £45000 in 5 years!

[xeny]

Many of them have done pretty well.

Allianz Technology trust is up 521% over the past 5 years, so £100 -> £621.

[Meeten-5dulx]

xeny said:

Many of them have done pretty well.

Allianz Technology trust is up 521% over the past 5 years, so £100 -> £621.

This.
I had 18k in there at the start of the year and it's now 44k.
Works for me...

[Muffster]

Wow thats amazing.
I've been considering a fund of this type for some time now but i am bewildered by the choices out there and don't know where to start.
Does that mean that it will run out of steam or continue rising?

[elanfan]

Axa find above has been consistently good for 5 consecutive years. Doesn’t mean it’ll carry on that way.

[xeny]

Muffster said:

Does that mean that it will run out of steam or continue rising?

Nobody knows for certain. Make your fortune if you're lucky and adventurous, leave you skint if you're unlucky and adventurous.

If you're cautious and only put a smallish % of your portfolio there, it's is potentially a nice sweetener and not the end of the world if it doesn't come off.

[Phooey]

Awesome returns on the above funds! Thanks for replies and suggestions.

Part of me thinks the tech market is toppy and will be the hardest if/when the bubble pops, but also the other half of me thinks the future is in tech so there’s more to be had. Same for Bitcoin. I feel I need to add some exposure to it within my investments.

[Simpo Two]

The issue for me is that 'past performance is not...' etc. It's easy to look at the last 3-5 years' performance and pick the highest - but does it mean they'll do it again in 2021? I feel there must be some underlying data that needs to be taken into account, but what that is I'm not sure. And it only takes the fund manager to leave...

[Phooey]

Simpo Two said:

The issue for me is that 'past performance is not...' etc. It's easy to look at the last 3-5 years' performance and pick the highest - but does it mean they'll do it again in 2021? I feel there must be some underlying data that needs to be taken into account, but what that is I'm not sure. And it only takes the fund manager to leave...

For me I'd only invest a bit of gamble money in a tech fund. I was reading something recently that said the average younger investor is getting a LOT braver and taking "aggressive" risks with their stock pickings which in turn is driving up prices of certain stocks that just "don't add up". Maybe a bubble waiting to pop, who knows..

[bitchstewie]

Phooey said:

For me I'd only invest a bit of gamble money in a tech fund. I was reading something recently that said the average younger investor is getting a LOT braver and taking "aggressive" risks with their stock pickings which in turn is driving up prices of certain stocks that just "don't add up". Maybe a bubble waiting to pop, who knows..

There's a lot of talk about bubbles.

But then there always is.

I have money in funds which are subject to it and I keep a close eye on them.

I also look at the graphs every single day and ask myself how many times have I looked and thought they can't keep moving up.

One day I'll be wrong

[Phooey]

Exactly. Play too cautiously and you run the risk of being left behind.

[bitchstewie]

Phooey said:

Exactly. Play too cautiously and you run the risk of being left behind.

True but not losing money in the first place is also an excellent way of making money.

Just my personal view but I feel happier in trusts and ETFs where I think I have some ability to try and sell live over funds where I could be waiting a day or two from hitting the sell button.

[xeny]

bhstewie said:

Just my personal view but I feel happier in trusts and ETFs where I think I have some ability to try and sell live over funds where I could be waiting a day or two from hitting the sell button.

You'll be able to sell them, but consider if you'll be able to bring yourself to accept the price you're likely to be offered.