Fund Selection for ISA
Posted: Sun Sep 18, 2016 7:47 pm
i have been reorganising my ISA portfolio and i'm looking at selecting a managed fund to sit alongside some individual shares.
my SIPP is invested in the Marlborough Special Situations fund. it has done well for me and i am tempted to select a Marlborough fund for my ISA too.
i also have some pension money invested very conservatively, along with investments in Friendly Societies which are also very conservatively managed, in large cap equities and property.
my ISA is currently invested in 6 FTSE100 companies plus Amazon - my largest holding. i am looking at picking a fund which would become my largest holding. i am open-minded, but i try to dabble with FTSE100 megacaps/yielders myself, and so something other than a general FTSE100 fund would work well for me. perhaps a Smaller Companies fund, as above, or perhaps more of a hedge fund, or perhaps an investment trust would be a good option. i quite like the look of Slater Growth, and it's concentrated portfolio. i looked at the RIT fund but it looks too much a Fund of Funds for my liking.
i potentially want a fund that i can feel comfortable dipping in & out of, so it may be that i sell a holding and move the cash into the fund in question, perhaps then selling a portion again to buy another individual company at some stage - if something seems a good idea.
i am using iii as a platform, as it stands.
any thoughts/ideas?
my SIPP is invested in the Marlborough Special Situations fund. it has done well for me and i am tempted to select a Marlborough fund for my ISA too.
i also have some pension money invested very conservatively, along with investments in Friendly Societies which are also very conservatively managed, in large cap equities and property.
my ISA is currently invested in 6 FTSE100 companies plus Amazon - my largest holding. i am looking at picking a fund which would become my largest holding. i am open-minded, but i try to dabble with FTSE100 megacaps/yielders myself, and so something other than a general FTSE100 fund would work well for me. perhaps a Smaller Companies fund, as above, or perhaps more of a hedge fund, or perhaps an investment trust would be a good option. i quite like the look of Slater Growth, and it's concentrated portfolio. i looked at the RIT fund but it looks too much a Fund of Funds for my liking.
i potentially want a fund that i can feel comfortable dipping in & out of, so it may be that i sell a holding and move the cash into the fund in question, perhaps then selling a portion again to buy another individual company at some stage - if something seems a good idea.
i am using iii as a platform, as it stands.
any thoughts/ideas?