S&S ISA Guidance

[deuchars]

Looking for some advice regarding S&S ISA investments given the expertise within Finance.

Breakdown of the current holdings/Sector/Region below. Have a further ~£65k to invest along with consistent monthly additions and now appears to be a good time to buy at discount whilst resolving exposure within certain regions/sectors. Looking for long-term growth (20years), what should be doing?

Holdings
ATT – Allianz Technology Trust Ord £25k
IWFV iShare Edge MSCI Wld £15k
JGGI – JPMorgan Global Growth & Income £11k
PSH – Pershing Square Holdings Ord £11k
SAIN – Scottish American Ord £11k
TEM – Templeton Emerging Markets Investment £15k
VUAG – Vanguard S&P500 ETF £113k
XNIF – Xtrackers Nifty 50 swap ETF £15k

Sector
Basic Materials 1.65%
Consumer Cyclical 9.89%
Financial Services 13.79%
Real Estate 1.44%
Communication Services 10.67%
Energy 2.71%
Industrials 7.10%
Technology 37.25%
Consumer Defensive 5.06%
Healthcare 8.31%
Utilities 1.97%

World Region
Greater Europe 7.97%
Americas 80.91%
Greater Asia 11.02%

[Panamax]

deuchars said:

what should be doing?

All I would say is that in the context of total portfolio value those £11k investments look so small as to be almost irrelevant. If you like S&P500 that's all well and good. I'd hold another large investment as well, for instance in a global equity fund, and then have one (or two) small investment(s) in emerging markets (or whatever) if that floats your boat. In other words you might end up with just three (or four) holdings instead of the current mix.

[C69]

Your geographic spread doesn't look too bad. Personally, I'd slightly reduce the American and Asian percentages and put a bit more into Europe (including the UK).

Regarding the individual funds, I'd be aware of potential duplication of the underlying assets. For example, it looks like the largest holdings in Allianz Technology Trust also appear in your S&P500 ETF.

I'd suggest paying close attention to costs, as high charges are really going to erode your returns over the next 20 years. For example, Xtrackers Nifty 50 Swap is a passively-managed tracker, yet its ongoing charges are 0.85% (if I'm looking at the right KIID).

Similarly, you should consider whether or not you're getting good value from the actively-managed funds. For example, Templeton Emerging Markets Investment has ongoing charges of 0.94%, but its own fact sheet doesn't indicate consistent over-performance versus the benchmark.

As a general observation, there don't appear to be many (any?) fixed-interest holdings (treasuries / corporate bonds). That's not necessarily a bad thing, it depends on your age, attitude to risk etc.