Which J P Morgan fund?

[ferret50]

I can buy into a long list of these funds via both T212 and Interactive Investor, but which fund/s should I select?

I'm confused!

[fat80b]

Isn't the only possible answer "it depends"

i.e. what's your risk / timeframe / objective etc?

An answer without knowing any of this might be "stick it in a global diversified fund" and within that set "choose the one with the lowest overall fees"..

[ferret50]

fat80b said:

Isn't the only possible answer "it depends"

i.e. what's your risk / timeframe / objective etc?

An answer without knowing any of this might be "stick it in a global diversified fund" and within that set "choose the one with the lowest overall fees"..

I can take risk on, probably a ten year time frame and looking for a mix of capital growth/income.

What I want to do is to build a portfolio for 'er indoors SIPP, I'm not happy with it's current provider.

JPM would be one of 10 or 15 selections, so could split that bit into several funds.

[okgo]

ferret50 said:

I can take risk on, probably a ten year time frame and looking for a mix of capital growth/income.

What I want to do is to build a portfolio for 'er indoors SIPP, I'm not happy with it's current provider.

JPM would be one of 10 or 15 selections, so could split that bit into several funds.

If you’re confused then IMO you’re not the likely the right person to be meddling with someone else’s pension are you?

[ferret50]

okgo said:

If you’re confused then IMO you’re not the likely the right person to be meddling with someone else’s pension are you?

Current provider 'grew' this pension by 3% over the last 12 months, the two new S and S ISA's I started this year have both grown by 23%.

The final user of this pension will be the surviving spouse.

[C69]

Obvious question is why are you restricting yourself to JPM funds?

Also, doesn't your current SIPP provider allow you to choose your own funds?

PS: I don't think that T212 offers a SIPP yet, so you wouldn't be able to switch to them.

[ferret50]

C69 said:

Obvious question is why are you restricting yourself to JPM funds?

Also, doesn't your current SIPP provider allow you to choose your own funds?

PS: I don't think that T212 offers a SIPP yet, so you wouldn't be able to switch to them.

I'm not, JPM would be one element amongst 12 or 15 other equities.

Current provider seems to have lost the plot, to some extent.

Correct, T212 does not, yet, offer a SIPP package, but do offer these funds so I could run a trial for final selection. Interactive Investor do offer a SIPP, and I have ISA's on their platform, with the values involved, we would qualify for a £250 'cashback' deal.....every liuttle helps.

[Gin and Ultrasonic]

ferret50 said:

okgo said:

If you’re confused then IMO you’re not the likely the right person to be meddling with someone else’s pension are you?

Current provider 'grew' this pension by 3% over the last 12 months, the two new S and S ISA's I started this year have both grown by 23%.

The final user of this pension will be the surviving spouse.

Out of interest, how was the pension invested to return 3%? The risk level is likely orders or magnitude less than your ISA investments. Also, 'providers' are rarely the main reason for the level of growth in pension investments - it's much more likely to be the customer's investment choice that has the main impact, with the vast majority of company pension scheme investors simply choosing the default investment option.

Please don't take this the wrong way, but my PERSONAL view is that 'wanting to have a JP Morgan fund' is ringing alarm bells as someone who doesn't really have a sound understanding of investing. Any investment fund will have its own specific objectives, risk level, investment restraints (sectors, flexibility), costs and performance against benchmarks. JP Morgan offer such a vast array of investments from super-safe to wildly speculative, so it's pretty much an impossible question to answer with the info provided.

[NowWatchThisDrive]

Your thinking sounds a bit muddled so I'd suggest going back to basics: clarify your circumstances and what you're looking to achieve, then determine an appropriate asset mix (proportion of equities/bonds/whatever else) for your objectives, and only then look at specific funds to do the job.

[Sheepshanks]

ferret50 said:

... the two new S and S ISA's I started this year have both grown by 23%.

Copy those investments then.

[bitchstewie]

NowWatchThisDrive said:

Your thinking sounds a bit muddled so I'd suggest going back to basics: clarify your circumstances and what you're looking to achieve, then determine an appropriate asset mix (proportion of equities/bonds/whatever else) for your objectives, and only then look at specific funds to do the job.

^^ this.

[chip*]

NowWatchThisDrive said:

Your thinking sounds a bit muddled so I'd suggest going back to basics: clarify your circumstances and what you're looking to achieve, then determine an appropriate asset mix (proportion of equities/bonds/whatever else) for your objectives, and only then look at specific funds to do the job.

Don't be silly.
This is PH, and the only requirement - what is the "best" performing fund /investment (nothing else matters)?

[ferret50]

Sheepshanks said:

ferret50 said:

... the two new S and S ISA's I started this year have both grown by 23%.

Copy those investments then.

Yes, that's what I will be doing, but I'd like to vary the mix by adding in something I have not tried before. It's the eggs and baskets thing, perhaps?

[bitchstewie]

What fund is the investment that grew by 3% over 12 months and what fund is the one that's grown by 23% this year?

There is likely to be a good reason for this.

[xeny]

Sheepshanks said:

ferret50 said:

... the two new S and S ISA's I started this year have both grown by 23%.

Copy those investments then.

as well as building a time machine, as that 23% will have depended on what happened over that year.

[xeny]

ferret50 said:

JPM would be one of 10 or 15 selections, so could split that bit into several funds.

How do you want to diverge from a global diversified allocation? That probably answers your question for you.

[Sport_Turismo_GTS]

ferret50 said:

Current provider 'grew' this pension by 3% over the last 12 months, the two new S and S ISA's I started this year have both grown by 23%.

The final user of this pension will be the surviving spouse.

Unless the fees are significantly different, the key point is that the investment strategy that you chose (managed by the current provider) underperformed the investment strategy that you chose (within the S&S ISA).

I.e. the performance is down to the underlying investments, not the provider,

[ferret50]

bhstewie said:

What fund is the investment that grew by 3% over 12 months and what fund is the one that's grown by 23% this year?

There is likely to be a good reason for this.

3% growth is from a managed fund provider, I have no intension of naming and shaming!

23% growth is from two shocks and stares ISA's opened this tax year, with equities selected by myself.....that's one in my name, other in 'er indoors name.

[xeny]

ferret50 said:

3% growth is from a managed fund provider, I have no intension of naming and shaming!

23% growth is from two shocks and stares ISA's opened this tax year, with equities selected by myself.....that's one in my name, other in 'er indoors name.

It'd be more instructive to say what's in that 3% portfolio and what the investment goal is. Also, valuation dates could really matter - anything around the April Trump announcements will be significantly impacted



Deciding you're an investment genius over one year's performance and then asking which J P Morgan fund to buy rather than "I want exposure to this class of asset" isn't a great combination. The less charitable might liken it to being lucky at darts.

Also, do you mean intention?

Edited by xeny on Tuesday 2nd September 07:08

[Sheepshanks]

ferret50 said:

3% growth is from a managed fund provider, I have no intension of naming and shaming!

Yes but it’s a SIPP - the clue is in the SI part. She (or you) must have at least decided on its investment strategy.