ISA stocks & shares funds
Discussion
That might well be too short a time scale to invest, this time last year we were all talking about the market settling down.. maybe this year might be the year it happens!
If so, where does that leave you? Inclination or risk is one thing, but what is your capacity or loss with this money? If you need it in a year or two, and assuming it's for a specific reason then, what's the impact on the objective if your fund is 10% down just when you need it? It might be 5 or 10% up the next week, but that's not much help.
If it's just a year or so, consider a boring savings bond. Paying tax on a dead cert 3% profit over 12 months might be a better bet than the prospect of a tax friendly investment loss.
If so, where does that leave you? Inclination or risk is one thing, but what is your capacity or loss with this money? If you need it in a year or two, and assuming it's for a specific reason then, what's the impact on the objective if your fund is 10% down just when you need it? It might be 5 or 10% up the next week, but that's not much help.
If it's just a year or so, consider a boring savings bond. Paying tax on a dead cert 3% profit over 12 months might be a better bet than the prospect of a tax friendly investment loss.
Investing in a fund with a medium/high volatility rating over a period of 1-2 years is an extremely high risk strategy. You should only really consider this is you are happy with the possibility of losing some of your capital.
Let's say you invest today and we have a huge market correction in December, but need the money in January? You may have to realise a 10-20% loss.
Investment in higher risk assets (equities) generally requires a timescale of at least 3-5 years.
However, if you want to speculate that markets will continue to rise and are happy to accept a potential loss then perhaps it's a good idea to look at something with a more cautious risk profile.
One of my favorite funds in the medium/low risk category is Kames Ethical Cautious Managed. With something like this, your losses might not be as grave in the event of a drop in the markets before you need access to your cash.
Let's say you invest today and we have a huge market correction in December, but need the money in January? You may have to realise a 10-20% loss.
Investment in higher risk assets (equities) generally requires a timescale of at least 3-5 years.
However, if you want to speculate that markets will continue to rise and are happy to accept a potential loss then perhaps it's a good idea to look at something with a more cautious risk profile.
One of my favorite funds in the medium/low risk category is Kames Ethical Cautious Managed. With something like this, your losses might not be as grave in the event of a drop in the markets before you need access to your cash.
megaphone said:
Thanks.I invested in this last October and its not done too badly. Its classed as high risk due to the sector.
http://www.hl.co.uk/funds/fund-discounts,-prices--...
http://www.hl.co.uk/funds/fund-discounts,-prices--...
KTF said:
I invested in this last October and its not done too badly. Its classed as high risk due to the sector.
http://www.hl.co.uk/funds/fund-discounts,-prices--...
65% in a year, good pick!http://www.hl.co.uk/funds/fund-discounts,-prices--...
Empyrean Energy EME one of the few profitable Oilers on AIM worth a look. Currently undergoing a re-rating.
Interim's just before Christmas showed an increasing profit from their Main asset which is a 3% working interest in the Sugarloaf Eagle Ford Shale prospect in Texas operated by Marathon oil. After an age in the same trading range the SP is on the move. Take a look on the ADVFN EME investors thread especially a poster crosseyed.
Currently waiting on official confirmation of increased drilling schedule for 2014 (announced already by a Australian partner asx:AWE)and a broker note.
Downside the management do not appear to do much for their rather large salaries. Would say medium risk.
DYOR.
Interim's just before Christmas showed an increasing profit from their Main asset which is a 3% working interest in the Sugarloaf Eagle Ford Shale prospect in Texas operated by Marathon oil. After an age in the same trading range the SP is on the move. Take a look on the ADVFN EME investors thread especially a poster crosseyed.
Currently waiting on official confirmation of increased drilling schedule for 2014 (announced already by a Australian partner asx:AWE)and a broker note.
Downside the management do not appear to do much for their rather large salaries. Would say medium risk.
DYOR.
KTF said:
I invested in this last October and its not done too badly. Its classed as high risk due to the sector.
http://www.hl.co.uk/funds/fund-discounts,-prices--...
Annoyed I didn't put in when I wanted to at the end of last year. High fees and a large difference between buy/sell price has this one as a risky long term option with possible high rewards.http://www.hl.co.uk/funds/fund-discounts,-prices--...
On the other hand CF Miton UK Smaller companies has gone up around 11% in about 5 weeks, which has made me a nice sum.
I have just moved 10k into Cazenove UK Smaller Companies.
Historically up 400% since Jan 2009 and a good linear performance.
I based this on my confidence in the UK continued recovery over the next 2 to 3 years.
I was far too late moving out of India and Brazil to be honest. Must pay more attention in future.
Historically up 400% since Jan 2009 and a good linear performance.
I based this on my confidence in the UK continued recovery over the next 2 to 3 years.
I was far too late moving out of India and Brazil to be honest. Must pay more attention in future.
Ordy said:
I have just moved 10k into Cazenove UK Smaller Companies.
Historically up 400% since Jan 2009 and a good linear performance.
I based this on my confidence in the UK continued recovery over the next 2 to 3 years.
I was far too late moving out of India and Brazil to be honest. Must pay more attention in future.
Is this fund closed after the valuation point Wednesday 22nd January?Historically up 400% since Jan 2009 and a good linear performance.
I based this on my confidence in the UK continued recovery over the next 2 to 3 years.
I was far too late moving out of India and Brazil to be honest. Must pay more attention in future.
Could someone just clarify for me the fees relating to certain funds. It seems simple, and I think I can see them all (i.e. no nasty surprises) but there's a lot of noise about funds not worth bothering with because you get done on fees.
For example: Marlborough UK Micro Cap Growth
http://www.hl.co.uk/funds/fund-discounts,-prices--...
The fees I can see are: Net annual charge 0.70%. Also I see 0.06% as the fund managers 'other' expenses, am I right in thinking that is annually? If so the total fees per year are 0.76%, on the entire amount you have in the fund.
In the last 5 years this fund has achieved:
52.28%, 42.74%, 16.41%, 15.43%, 37.81%
If you had money in there for the last 5 years am I right in thinking you would have achieved:
51.52%, 41.98%, 15.65%, 14.67%, 37.05%
Thanks all!
For example: Marlborough UK Micro Cap Growth
http://www.hl.co.uk/funds/fund-discounts,-prices--...
The fees I can see are: Net annual charge 0.70%. Also I see 0.06% as the fund managers 'other' expenses, am I right in thinking that is annually? If so the total fees per year are 0.76%, on the entire amount you have in the fund.
In the last 5 years this fund has achieved:
52.28%, 42.74%, 16.41%, 15.43%, 37.81%
If you had money in there for the last 5 years am I right in thinking you would have achieved:
51.52%, 41.98%, 15.65%, 14.67%, 37.05%
Thanks all!
Shaving even 0.0%'s can have a really big impact. Shedding 0.2%'s can potentially mean the difference between retiring months, probably a couple of years earlier for many people - so you pose a very good question.
Interestingly (wake up there, you at the back!), yesterday, Steve Webb (the man in Parliament responsible for your pensions) rejected a call amending the Pensions Act currently going through Parliament which would have shed more light on the issue of pension charges. That's a rant for another day though.
Strong fund performance can be kyboshed by corrosive, silent and deadly fund charges - some you will see and some you don't. Most advisers (mea culpa, yes, I'm an IFA) these days either advocate managed baskets of funds or a blend of active and passive. I'm away for three days in London next week being bought up to speed on passives, I find it genuinely interesting (shoot the geek, hang 'im!) and thankfully, my clients appreciate it.
Some blends of funds are counter productive though, some passives are expensive, insanely counter productive and ineffective and some advisers fuse in a prescriptive and dogmatic way (do you fuse/blend by asset allocation, or portfolio weight across the board)? Either way, the jury is still out, it all depends on the client and his/her circumstances.
H-L takes the issue of fund charges VERY seriously (!), so make sure you nail this. If you really like the fund, can it be obtained elsewhere more cheaply? Remember, H-L is just the filing cabinet. If the fund is a tin of Heinz baked beans, H-L is the Tesco, the Sainsbury, theWaitrose, the Aldi, the Lidl etc. Does it really matter where you pick the tin up from if all you want is the best price and cheapest housekeeping bill?
This is not a suggestion for Vanguard, every fund manager will have propaganda about charges. Vanguard is priced very keenly though - I'm not suggesting it is or isn't the route for you mind.
https://www.vanguard.co.uk/documents/adv/costs-cha...
Interestingly (wake up there, you at the back!), yesterday, Steve Webb (the man in Parliament responsible for your pensions) rejected a call amending the Pensions Act currently going through Parliament which would have shed more light on the issue of pension charges. That's a rant for another day though.
Strong fund performance can be kyboshed by corrosive, silent and deadly fund charges - some you will see and some you don't. Most advisers (mea culpa, yes, I'm an IFA) these days either advocate managed baskets of funds or a blend of active and passive. I'm away for three days in London next week being bought up to speed on passives, I find it genuinely interesting (shoot the geek, hang 'im!) and thankfully, my clients appreciate it.
Some blends of funds are counter productive though, some passives are expensive, insanely counter productive and ineffective and some advisers fuse in a prescriptive and dogmatic way (do you fuse/blend by asset allocation, or portfolio weight across the board)? Either way, the jury is still out, it all depends on the client and his/her circumstances.
H-L takes the issue of fund charges VERY seriously (!), so make sure you nail this. If you really like the fund, can it be obtained elsewhere more cheaply? Remember, H-L is just the filing cabinet. If the fund is a tin of Heinz baked beans, H-L is the Tesco, the Sainsbury, theWaitrose, the Aldi, the Lidl etc. Does it really matter where you pick the tin up from if all you want is the best price and cheapest housekeeping bill?
This is not a suggestion for Vanguard, every fund manager will have propaganda about charges. Vanguard is priced very keenly though - I'm not suggesting it is or isn't the route for you mind.
https://www.vanguard.co.uk/documents/adv/costs-cha...
Esseesse said:
Could someone just clarify for me the fees relating to certain funds. It seems simple, and I think I can see them all (i.e. no nasty surprises) but there's a lot of noise about funds not worth bothering with because you get done on fees.
For example: Marlborough UK Micro Cap Growth
http://www.hl.co.uk/funds/fund-discounts,-prices--...
The fees I can see are: Net annual charge 0.70%. Also I see 0.06% as the fund managers 'other' expenses, am I right in thinking that is annually? If so the total fees per year are 0.76%, on the entire amount you have in the fund.
In the last 5 years this fund has achieved:
52.28%, 42.74%, 16.41%, 15.43%, 37.81%
If you had money in there for the last 5 years am I right in thinking you would have achieved:
51.52%, 41.98%, 15.65%, 14.67%, 37.05%
Thanks all!
No, you would have achieved the first set of figures, because the returns quoted for funds are net of charges.For example: Marlborough UK Micro Cap Growth
http://www.hl.co.uk/funds/fund-discounts,-prices--...
The fees I can see are: Net annual charge 0.70%. Also I see 0.06% as the fund managers 'other' expenses, am I right in thinking that is annually? If so the total fees per year are 0.76%, on the entire amount you have in the fund.
In the last 5 years this fund has achieved:
52.28%, 42.74%, 16.41%, 15.43%, 37.81%
If you had money in there for the last 5 years am I right in thinking you would have achieved:
51.52%, 41.98%, 15.65%, 14.67%, 37.05%
Thanks all!
The charges are taken from the fund assets, not your own holding.
I've stuck mine in the below
http://www.trustnet.com/Factsheets/Factsheet.aspx?...
I work in Financial Services and it's doing pish which is worrying
http://www.trustnet.com/Factsheets/Factsheet.aspx?...
I work in Financial Services and it's doing pish which is worrying
marsred said:
Esseesse said:
Could someone just clarify for me the fees relating to certain funds. It seems simple, and I think I can see them all (i.e. no nasty surprises) but there's a lot of noise about funds not worth bothering with because you get done on fees.
For example: Marlborough UK Micro Cap Growth
http://www.hl.co.uk/funds/fund-discounts,-prices--...
The fees I can see are: Net annual charge 0.70%. Also I see 0.06% as the fund managers 'other' expenses, am I right in thinking that is annually? If so the total fees per year are 0.76%, on the entire amount you have in the fund.
In the last 5 years this fund has achieved:
52.28%, 42.74%, 16.41%, 15.43%, 37.81%
If you had money in there for the last 5 years am I right in thinking you would have achieved:
51.52%, 41.98%, 15.65%, 14.67%, 37.05%
Thanks all!
No, you would have achieved the first set of figures, because the returns quoted for funds are net of charges.For example: Marlborough UK Micro Cap Growth
http://www.hl.co.uk/funds/fund-discounts,-prices--...
The fees I can see are: Net annual charge 0.70%. Also I see 0.06% as the fund managers 'other' expenses, am I right in thinking that is annually? If so the total fees per year are 0.76%, on the entire amount you have in the fund.
In the last 5 years this fund has achieved:
52.28%, 42.74%, 16.41%, 15.43%, 37.81%
If you had money in there for the last 5 years am I right in thinking you would have achieved:
51.52%, 41.98%, 15.65%, 14.67%, 37.05%
Thanks all!
The charges are taken from the fund assets, not your own holding.
The 'other expenses' is annual as you'd expect. The only thing to remove past the headline figures is their 0.45% on anything in a fund.
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