Share Investment, Discussion & Tips

[northernladuk]

Oh.. I'm also in to Lindsell Trading Global as well. Missed that one sorry.

[Fred Bloggs]

I would like to expand out of the UK to get more global exposure, and am torn between EFT's or picking some individual companies. I do know I am heavily biased towards FTSE companies, however with some companies which trade globally rather than just in the UK.

I am with HL so pay a maximum of £200 a year in fees if I hold only stocks and shares and holding EFT's they are not the most competitive.

Any advice on income funds/stocks to reduce my UK exposure?

JPMORGAN EUROPEAN INVESTMENT TRUST
MURRAY INTERNATIONAL TRUST
HENDERSON FAR EAST INCOME
VANGUARD FUNDS PLC FTSE ALL WORLD HIGH DIVIDEND YIELD

Have all been mentioned

I hold these - Blue Whale Growth fund, Fundsmith, Lindsell Train Global Equity. Solid, high quality companies. Extremely impressive fund management. For mid cap exposure, I hold Smithson, it has been fantastic since launch. I have no small cap funds presently. Once Brexit is done and dusted, I'll be back into UK small caps again. But not now. (Apologies, I just realised these won't really work for you at HL due to their usury with platform fees).

[northernladuk]

I would like to expand out of the UK to get more global exposure, and am torn between EFT's or picking some individual companies. I do know I am heavily biased towards FTSE companies, however with some companies which trade globally rather than just in the UK.

I am with HL so pay a maximum of £200 a year in fees if I hold only stocks and shares and holding EFT's they are not the most competitive.

Any advice on income funds/stocks to reduce my UK exposure?

JPMORGAN EUROPEAN INVESTMENT TRUST
MURRAY INTERNATIONAL TRUST
HENDERSON FAR EAST INCOME
VANGUARD FUNDS PLC FTSE ALL WORLD HIGH DIVIDEND YIELD

Have all been mentioned

I took a punt at Baillie Gifford Shin Nippon plc (BGS) Ordinary 2p Shares Share Price | BGS as most of my portfolio is linked to tech so was taking losses across the board. It's done pretty well so far but no but not historically great. I assume the growth is down to general global markets and not linked to tech again but I'll only find out when tech crashes again. Might protect me from UK mess but not sure yet.

[SimonMac]

I would like to expand out of the UK to get more global exposure, and am torn between EFT's or picking some individual companies. I do know I am heavily biased towards FTSE companies, however with some companies which trade globally rather than just in the UK.

I am with HL so pay a maximum of £200 a year in fees if I hold only stocks and shares and holding EFT's they are not the most competitive.

Any advice on income funds/stocks to reduce my UK exposure?

JPMORGAN EUROPEAN INVESTMENT TRUST
MURRAY INTERNATIONAL TRUST
HENDERSON FAR EAST INCOME
VANGUARD FUNDS PLC FTSE ALL WORLD HIGH DIVIDEND YIELD

Have all been mentioned

[Fred Bloggs]

You may wish to check your Smithson shares this morning. Nearly twelve quid a pop today. Very nice.

[BlasterBates]

Hmm goog spot. Just checked again and some other tech funds that were showing up are now around 3.5% down as of today. The Polar one hasn't updated so I'm bracing for another big drop.

Very odd with the timings of the prices.

Markets are up and down like a yo yo. Funds such as Hargreaves are tightly regulated, no need to worry the prices will always reflect the composition of the portfolio.

The problem is that the shares are traded in the US so there will be a discrepancy between the closing price on your fund and what happened several hours later in the US. You need to compare with the previous trading day not the current one.

[northernladuk]

The 3.26% decline is between the closing prices on Thursday 21/3 and Friday 22/3.

Friday was a bad day for markets everywhere.

Hmm goog spot. Just checked again and some other tech funds that were showing up are now around 3.5% down as of today. The Polar one hasn't updated so I'm bracing for another big drop.

Very odd with the timings of the prices.

[greenlake]

Can someone explain this to me?

So I'm in to Polar Capital Global Tech and it's taken a bad hit when all the other tech's are up.

Polar Capital Global Technology (Class I GBP) Income Fund Price & Information

Is a funds growth an accumulation of all the stocks it owns or is there some other factor?

Their top 10 holdings making 32% of their portfolio are on the whole up so where has the 3.26% slide come from? None of the other Tech funds I'm tracking seem affected and are returning upwards of 1.75% today. Can't be a single stock can it?

The 3.26% decline is between the closing prices on Thursday 21/3 and Friday 22/3.

Friday was a bad day for markets everywhere.

[northernladuk]

Can someone explain this to me?

So I'm in to Polar Capital Global Tech and it's taken a bad hit when all the other tech's are up.

Polar Capital Global Technology (Class I GBP) Income Fund Price & Information

Is a funds growth an accumulation of all the stocks it owns or is there some other factor?

Their top 10 holdings making 32% of their portfolio are on the whole up so where has the 3.26% slide come from? None of the other Tech funds I'm tracking seem affected and are returning upwards of 1.75% today. Can't be a single stock can it?

Microsoft Corp. 7.29%
Alibaba Group Holding ADS (N Shares) 3.85%
Alphabet Class C 3.74%
Alphabet Class A 3.73%
Tencent Holdings (P Chip) 3.03%
Advanced Micro Devices 2.75%
Amazon.com 2.31%
Adobe 2.14%
Zendesk 2.06%
Apple 2.05%

[Fred Bloggs]

But, IMHO, growth is only ever realised when you sell the holding. I have one stock that is up over 100% of it's original purchase price, but at the moment it's just a number and can go down as well as up. Income is hard cash in your (virtual) pocket that I can leave as cash, reinvest in the original stock for "free money" or put it elsewhere if I am overweight in that stock already.

I guess it can also depend on where you are int he cycle, I am still 20 years away from retiring so plan to take any drawdown, and it it gives me plenty of time to recover any of the negative growth (as long as they keep paying a dividend in the meantime)

Well, yes and no. As I said before, to me it's simply money. I'm somewhat fortunate that I can leave my SIPP growing while in drawdown without drawing anything from it. When I/if I need to, then very likely I'll just pull out some money once per year. Probably in late March. So, it would be "income" by name, but simply just money accrued in the SIPP along the way.