IFISAcava
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Post by IFISAcava on Jun 5, 2019 16:07:44 GMT
Though it's just occurred to me that anybody owning FTSE 100 (trackers, pensions, whatever) will own a piece of Hargreaves Lansdown, which is off 6.5% today. But still up ~15% on the year, so unlikely to be the worst investment owned by most of us on this forum. Then again over 5 years, with dividends reinvested, annualised return of FTSE-100 was 3.9% (without tracker fees). (It's more over 10 years, and 6.4% over 25 years, but unluckily for many of us was only 3.18% over the 19 years between 1999 and 2018). So not the worst, but perhaps towards the lower half of many people's investments from whatever source.
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IFISAcava
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Post by IFISAcava on Jun 5, 2019 16:16:29 GMT
I should say I continue to drip feed into FTSE-100 funds, but more and more have shifted most of my S&S investments into global funds due to the currency risk of holding Sterling, the negative effects of Brexit and this historical underperformance.
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benaj
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Post by benaj on Jun 5, 2019 16:18:42 GMT
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IFISAcava
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Post by IFISAcava on Jun 5, 2019 16:21:10 GMT
either I'm missing something, the figures are misleading, or that is insane.
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gc
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Post by gc on Jun 5, 2019 19:04:38 GMT
either I'm missing something, the figures are misleading, or that is insane. Not insane. Nick Train is a pretty decent fund manager and has been doing pretty well with this one. Can't say if it is a good buy with all the current uncertainty with UK and the EU it invests over 75% in the UK but he seems to have ridden that out well so far.
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Post by eascogo on Jun 5, 2019 19:22:54 GMT
Maybe worth a look at this analysis (© 2018): Which is the Best: Lindsell Train, Fundsmith or Vanguard? |
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ozboy
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Post by ozboy on Jun 5, 2019 19:53:33 GMT
Maybe worth a look at this analysis (© 2018): Which is the Best: Lindsell Train, Fundsmith or Vanguard? Bung a third in each? 
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macq
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Post by macq on Jun 5, 2019 22:24:07 GMT
Maybe worth a look at this analysis (© 2018): Which is the Best: Lindsell Train, Fundsmith or Vanguard? interesting read and like most of their pieces pro passive - so i do like the irony of their conclusion at the end that nobody knows what funds will do well/outperform in the future but then on the home page they want to charge £4 a month to advise among other things on the best funds to buy  plus if memory serves and i stand to be corrected the examples of fees in the article on the funds look wrong they have AJ Bell @0.2% when its 0.25% & Barclays smart investor @0.2% which is correct but fails to mention the £4 a month minimum so not great for a comparison site that's advising me
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Steerpike
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Post by Steerpike on Jun 7, 2019 8:28:11 GMT
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Post by jdot on Jun 10, 2019 12:15:36 GMT
Though it's just occurred to me that anybody owning FTSE 100 (trackers, pensions, whatever) will own a piece of Hargreaves Lansdown, which is off 6.5% today. So thanks for that Mr Woodford  . how do you work that out ?
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macq
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Post by macq on Jun 10, 2019 16:40:36 GMT
One clue would be to check the top 10 holdings of Lindsell Train UK Equity as an example
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Post by jdot on Jun 10, 2019 16:52:10 GMT
how do you work that out ?
You can't seriously be asking that question jdot ?!?! 
Go read what registerme said. Then make yourself a cup of tea and contemplate the statment made by registerme for 10 minutes.
I look forward to a follow-up post from you telling us how big the dent on your forehead is from your hitting it with the palm of your hand.  yeah I get it , although I dont drink tea and dont invest in any ftse 100 trackers either 
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IFISAcava
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Post by IFISAcava on Jun 10, 2019 17:49:29 GMT
One clue would be to check the top 10 holdings of Lindsell Train UK Equity as an example Thanks for that - didn't realise this fund has that much of HL.
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macq
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Post by macq on Jun 10, 2019 18:55:36 GMT
maybe we should add it to Metro Bank,Thomas Cook,Sainsburys & Vodaphone and start the p2p indie fund  |
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benaj
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Post by benaj on Jun 11, 2019 9:48:32 GMT
One clue would be to check the top 10 holdings of Lindsell Train UK Equity as an example Thanks for that - didn't realise this fund has that much of HL. Lindsell doubled stake on HL around Feb 19, probably bought at the price lower than current price 1922.50p; his investment strategy is very different to other fund manager in terms of top 10 holdings
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1 year return is 82%!
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