Discussion
I started off with LS80. Then bought some Scottish Mortgage Trust and then some Fundment.
I was thinking of adding the full amount every year
40% to LS80.
And then 30% each to the other two.
No real maths in the above just guy instinct as LS80 is less volatile I felt more comfortable adding more.
SMT as I wanted Tesla, Nio and a fee others so it made sense to buy some.
I also quite liked Fundments prospectus.
Anything else I should add or is what I've got adequate. iShares global clean etf?
I was thinking of adding the full amount every year
40% to LS80.
And then 30% each to the other two.
No real maths in the above just guy instinct as LS80 is less volatile I felt more comfortable adding more.
SMT as I wanted Tesla, Nio and a fee others so it made sense to buy some.
I also quite liked Fundments prospectus.
Anything else I should add or is what I've got adequate. iShares global clean etf?
Presume you mean Fundsmith?
LifeStrategy 80 is a sound choice and "hands off" just keep in mind it's not truly proportionate as there's a UK bias to the equities.
If you do mean Fundsmith so far it's proved very resilient in downturns.
SMT is what it is so as you hopefully know it's not too uncommon for it to dump 20-30% so are you comfortable with that level of volatility or did you buy it looking at the stellar performance it's had without appreciating the ride?
Personally I wouldn't be comfortable with 30% in SMT but that's just because of my appetite for volatility so there isn't a right or wrong answer.
I would say be careful trying to time jumping into themes (global clean etc.) as the ishares ETF is another great example of where themes can do very well but can unravel very quickly too IMO.
LifeStrategy 80 is a sound choice and "hands off" just keep in mind it's not truly proportionate as there's a UK bias to the equities.
If you do mean Fundsmith so far it's proved very resilient in downturns.
SMT is what it is so as you hopefully know it's not too uncommon for it to dump 20-30% so are you comfortable with that level of volatility or did you buy it looking at the stellar performance it's had without appreciating the ride?
Personally I wouldn't be comfortable with 30% in SMT but that's just because of my appetite for volatility so there isn't a right or wrong answer.
I would say be careful trying to time jumping into themes (global clean etc.) as the ishares ETF is another great example of where themes can do very well but can unravel very quickly too IMO.
Ah sorry I was typing early on a Sunday. It's fundsmith but the Smithson Investment Trust.
https://www.hl.co.uk/shares/shares-search-results/...
SMT does move alot , especially if Tesla or China wobbles.
Fair comment on iShares. I think I just wanted something else a bit sexier but that comes with volatility.
Should I possibly look at something with less UK bias too?
https://www.hl.co.uk/shares/shares-search-results/...
SMT does move alot , especially if Tesla or China wobbles.
Fair comment on iShares. I think I just wanted something else a bit sexier but that comes with volatility.
Should I possibly look at something with less UK bias too?
Edited by chinnyman on Sunday 12th September 09:42
chinnyman said:
Fair comment on iShares. I think I just wanted something else a bit sexier but that comes with volatility.
BlueWhale ? https://www.sharesmagazine.co.uk/article/fundsmith...chinnyman said:
Ah sorry I was typing early on a Sunday. It's fundsmith but the Smithson Investment Trust.
https://www.hl.co.uk/shares/shares-search-results/...
SMT does move alot , especially if Tesla or China wobbles.
Fair comment on iShares. I think I just wanted something else a bit sexier but that comes with volatility.
Should I possibly look at something with less UK bias too?
I have some money in Smithson.https://www.hl.co.uk/shares/shares-search-results/...
SMT does move alot , especially if Tesla or China wobbles.
Fair comment on iShares. I think I just wanted something else a bit sexier but that comes with volatility.
Should I possibly look at something with less UK bias too?
If you look on Youtube or at their presentation(s) they comment on the difference different allocations between it and Fundsmith can make to returns and volatility so that might be worth a look.
There are loads of thematic ETFs and funds and again for me it comes down to do you think you know what the next big theme will be?
Hard to know about the UK bias of LifeStrategy as one school of thought is the UK is cheap so you might want to own more of it and another is that the UK is cheap for a reason so why would you want to own more of it.
God knows who's right there
Agreed.
I could possibly add this into the mix too?
https://www.hl.co.uk/funds/fund-discounts,-prices-...
The BlueWhale looks interesting too.
I could possibly add this into the mix too?
https://www.hl.co.uk/funds/fund-discounts,-prices-...
The BlueWhale looks interesting too.
The HSBC GlobalStrategy funds have a more accurate reflection of geography far as I know, so there isn't the same UK bias as LifeStrategy has.
I'd work out what you're trying to achieve as it's easy to scattergun historically well performing funds but looking at a HSBC passive (ish) fund v Blue Whale is kind of chalk and cheese
I'd work out what you're trying to achieve as it's easy to scattergun historically well performing funds but looking at a HSBC passive (ish) fund v Blue Whale is kind of chalk and cheese
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