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Post by beeje13 on Aug 10, 2017 14:28:20 GMT
Those Targeted/Guaranteed/Absolute return funds seem to be some of the worst performing funds going.
I have one (as a token/trial investment for curiosity): JPM Global Macro Opportunities and it's performance is bizarre.
Another embarrassing holding: I have a UK tracker that charges 1.5%, held in an older Scottish Friendly ISA. The UK active fund also charges the same. I am very much considering a transfer out!
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macq
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Post by macq on Aug 10, 2017 15:15:16 GMT
stop considering and change it  way too high for a tracker and probably for the active as well |
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jonah
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Post by jonah on Aug 10, 2017 19:14:36 GMT
Those Targeted/Guaranteed/Absolute return funds seem to be some of the worst performing funds going. Isn't the point of these that they do ok but not good or brilliant in good times, but fall very little if at all during a crash? If so, as recent years have been good for markets, they shouldn't be top performers. If it works, holding one during a 2008 style crash preserves your capital allowing you to then move it to more normal funds to take advantage of the recovery. I haven't researched them much, but given the toppiness of stocks currently would be grateful for suggestions?
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macq
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Post by macq on Aug 10, 2017 20:43:07 GMT
Those Targeted/Guaranteed/Absolute return funds seem to be some of the worst performing funds going. Isn't the point of these that they do ok but not good or brilliant in good times, but fall very little if at all during a crash? If so, as recent years have been good for markets, they shouldn't be top performers. If it works, holding one during a 2008 style crash preserves your capital allowing you to then move it to more normal funds to take advantage of the recovery. I haven't researched them much, but given the toppiness of stocks currently would be grateful for suggestions? Pretty much covers it but no guarantee that it will preserve your capital and like all active funds they work in different ways so results will vary and you have to have picked the right one.Some experts say they are better for older people coming up to or in retirement and that younger people may as well invest for growth if taking the risk in the first place.Before they were around funds like Trojan income,Newton real return & RIT IT were popular for the same sort of reason in that they invested for income & growth while holding defensive stocks & bonds plus gold etc for down turns but tend to do better in good times.But what works for one may not work for another
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Post by nellerdk on Aug 11, 2017 9:46:54 GMT
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registerme
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Post by registerme on Aug 11, 2017 12:08:17 GMT
Ugh Jim Cramer is a waste of internet.
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Post by beeje13 on Aug 11, 2017 16:41:32 GMT
Just checked Troy Trojan and indeed it more or less kept it's value 2007-09 (although the sector average did not).
The problem is you would need to know when a crash is coming, and if you got the call too early you miss out on gains anyway.
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macq
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Post by macq on Aug 11, 2017 18:08:51 GMT
Just checked Troy Trojan and indeed it more or less kept it's value 2007-09 (although the sector average did not). The problem is you would need to know when a crash is coming, and if you got the call too early you miss out on gains anyway. most people have it for the income and then hope it will protect them in a down turn as well
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Post by beeje13 on Aug 11, 2017 19:27:18 GMT
Income? with a yield of 0.36%! Are you thinking of the related Equity income fund? (yielding 3.71%). An interesting tool on Morningstar: It analyses the underlying holding's value metrics. For example with the Troy Trojan income fund:  |
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Post by nellerdk on Aug 11, 2017 20:39:13 GMT
Just checked Troy Trojan and indeed it more or less kept it's value 2007-09 (although the sector average did not). The problem is you would need to know when a crash is coming, and if you got the call too early you miss out on gains anyway. do you have a graph of the fund's performance those years?
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macq
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Post by macq on Aug 11, 2017 20:39:46 GMT
Just checked Troy Trojan and indeed it more or less kept it's value 2007-09 (although the sector average did not). The problem is you would need to know when a crash is coming, and if you got the call too early you miss out on gains anyway. most people have it for the income and then hope it will protect them in a down turn as well yep meant Trojan income or there's Troy income & growth investment trust which i think is a bit cheaper and gives the best of both may be but also comes recommend by some and is from the same manager.But there's plenty of others to pick from
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macq
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Post by macq on Aug 11, 2017 20:47:29 GMT
If and when I lose my remaining marbles, with my last mouse click I shall be buying luni's "basket of 8 or 7" detailed here, www.lemonfool.co.uk//viewtopic.php?t=3102 , they are designed to be cheap with zero maintenance, last forever and produce an income of about 4%. Just thought I'd throw that in here. some good tips & have a couple would throw in Scottish American also known as Saints (ignore its ticker name SCAM ) for global income & Monks IT as an old trust being turned around and considering its record over the last 5 - 10 years Scottish mortgage is about the same fee as some trackers @ under .5%
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Post by beeje13 on Aug 12, 2017 7:22:58 GMT
Just checked Troy Trojan and indeed it more or less kept it's value 2007-09 (although the sector average did not). The problem is you would need to know when a crash is coming, and if you got the call too early you miss out on gains anyway. do you have a graph of the fund's performance those years? Just set the dates as you like. I did it for 1st January 07 to August 09. Maximum loss is around 10%, compared to sector average of 30%. By the end of the period it's 5% up.
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Post by nellerdk on Aug 12, 2017 10:42:35 GMT
well, the fund's performance from 2013 to 2015 is not good, but over the long term it has performed well.
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Post by beeje13 on Aug 12, 2017 11:44:05 GMT
Hmmm, I was going to argue long-term performance was average, but it has beat ftse 100 and ftse all-share over 10 years. That is a surprise to me.
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