Any active funds recommendations?

[xyz123]

Hi

As per title any recommendations for active funds to regularly invest £500 a month for time frame of 10+years. I am hoping for 8-10% annual growth over these years. So far I have subscribed to vanguard lifestyle products only.

I am not asking for investment advice and final decision will just be mine. As there are thousands of funds just looking to get some pointers where I can make final decisions? Ta

[rattyuk2000]

I'd be interested to know if over this reasonably long time frame, active funds tend to outperform passive funds.

[ringram]

All funds are active in some way.
So called "passive" funds are also an active asset allocation decision.
You should be thinking low cost rather than active v passive IMO.
https://www.pragcap.com/lets-try-this-again-ending...

Fundsmith smashes many others on a historical basis. But is neither passive nor especially low cost.
https://www.fundsmith.co.uk/fund-factsheet

That being said the costs reported are total and include all costs rather than the smoke and mirrors that usually goes on. http://www.telegraph.co.uk/finance/personalfinance...

and.. http://citywire.co.uk/money/investment-trusts-vs-e...

[honest_delboy]

Nothing of not to add but I notice fidelity have started doing a performance linked charge.

QQ , its better to be in active fund if you think there is a correction coming right ?

[98elise]

I'd recommend Lindsell Train Global Equity. It makes a a big proportion of my SIPP and it's performed well.

http://www.hl.co.uk/funds/fund-discounts,-prices--...

[otherman]

Ive been really happy with the Fidelity Special Situations funds. Take a look at the historic performance. They have a great team with sound targetting process.

[Derek Chevalier]

otherman said:

Take a look at the historic performance.

Why?

[98elise]

Derek Chevalier said:

otherman said:

Take a look at the historic performance.

Why?

Why wouldn't you? If they are consistently beating the market then its a good thing isn't it?

I wouldn't buy shares without looking at their past performance so I do the same with funds.

[Derek Chevalier]

98elise said:

Derek Chevalier said:

otherman said:

Take a look at the historic performance.

Why?

Why wouldn't you? If they are consistently beating the market then its a good thing isn't it?

I wouldn't buy shares without looking at their past performance so I do the same with funds.

https://www.economist.com/news/finance-and-economics/21723845-sheer-luck-good-past-returns-predicting-future-performance-fund

One could argue there is little link between previous outperformance and the likelihood of a fund to continue to do so.

Am intrigued by your share price comment, are you suggesting that there is an element of predictability of the future share price based on what it has done previously?

[anonymous-user]

Derek Chevalier said:

Am intrigued by your share price comment, are you suggesting that there is an element of predictability of the future share price based on what it has done previously?

If a share historically rises when fx rates change, would you suspect the price to change on a future fx change?

[otherman]

Derek Chevalier said:

Am intrigued by your share price comment, are you suggesting that there is an element of predictability of the future share price based on what it has done previously?

We're talking funds, not individual shares. There's fund manager performance to see.

[98elise]

Derek Chevalier said:

98elise said:

Derek Chevalier said:

otherman said:

Take a look at the historic performance.

Why?

Why wouldn't you? If they are consistently beating the market then its a good thing isn't it?

I wouldn't buy shares without looking at their past performance so I do the same with funds.

https://www.economist.com/news/finance-and-economics/21723845-sheer-luck-good-past-returns-predicting-future-performance-fund

One could argue there is little link between previous outperformance and the likelihood of a fund to continue to do so.

Am intrigued by your share price comment, are you suggesting that there is an element of predictability of the future share price based on what it has done previously?

Coupled with an understanding of the business then yes. If a company is delivering growth and decent profits year on year, and there are no barriers to further growth then I would consider the previous share price rises to be a good sign.

[lockhart flawse]

Over the last 15 years my investment in a UK small companies fund has outstripped my equity income fund considerably. I make monthly contributions and since 2004 the price of the smaller companies fund has increased by 292% and the equity income fund by 213%

So look at a small companies - Harry Nimmo at Standard Life has a good reputation but there are other good ones.

Mid-Caps have done very well over last couple of years too. I have Old Mutual mid-caps which has been my best performing fund. Second is Lindsell Train Global Equity mentioned already.

I also have Fundsmith in my pension and am putting m ore into it later this month.

[Derek Chevalier]

otherman said:

Derek Chevalier said:

Am intrigued by your share price comment, are you suggesting that there is an element of predictability of the future share price based on what it has done previously?

We're talking funds, not individual shares. There's fund manager performance to see.

98elise mentioned share prices

[Derek Chevalier]

98elise said:

Derek Chevalier said:

98elise said:

Derek Chevalier said:

otherman said:

Take a look at the historic performance.

Why?

Why wouldn't you? If they are consistently beating the market then its a good thing isn't it?

I wouldn't buy shares without looking at their past performance so I do the same with funds.

https://www.economist.com/news/finance-and-economics/21723845-sheer-luck-good-past-returns-predicting-future-performance-fund

One could argue there is little link between previous outperformance and the likelihood of a fund to continue to do so.

Am intrigued by your share price comment, are you suggesting that there is an element of predictability of the future share price based on what it has done previously?

Coupled with an understanding of the business then yes. If a company is delivering growth and decent profits year on year, and there are no barriers to further growth then I would consider the previous share price rises to be a good sign.

Why would the current share price not reflect the expected continued good performance?

[98elise]

Derek Chevalier said:

98elise said:

Derek Chevalier said:

98elise said:

Derek Chevalier said:

otherman said:

Take a look at the historic performance.

Why?

Why wouldn't you? If they are consistently beating the market then its a good thing isn't it?

I wouldn't buy shares without looking at their past performance so I do the same with funds.

https://www.economist.com/news/finance-and-economics/21723845-sheer-luck-good-past-returns-predicting-future-performance-fund

One could argue there is little link between previous outperformance and the likelihood of a fund to continue to do so.

Am intrigued by your share price comment, are you suggesting that there is an element of predictability of the future share price based on what it has done previously?

Coupled with an understanding of the business then yes. If a company is delivering growth and decent profits year on year, and there are no barriers to further growth then I would consider the previous share price rises to be a good sign.

Why would the current share price not reflect the expected continued good performance?

If that's the case then it's probably good that I invest in funds now, and also why I'm not posting this from my private island