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Fund choice for a new SIPP
S Dobbo
Posted: 23 February 2017 13:48:31(UTC)
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dlp6666;43612 wrote:


I'm not quite sure about the low volatility point.

Yes, on a total return basis, the chart and data look great.

But as far as I can see, the fund is only offered in an income-paying-out version, and the 'absolute' price has fallen quite 'jaggedly by about 9% over the last three years.

Not a problem if invested in an accumulation fund (which doesn't seem available in this case), but it looks like income would have to be continually reinvested to achieve the desired overall low volatility.

Or is there another (better) way of looking at this?


This is true, I automatically reinvest dividends so look at total return, the end result is the same to me. You do get a drop when the fund goes ex-div and the dividend is paid about 8 weeks after so you need to be aware of this. There accumulation is not available on II.

The fund risk score on Trustnet is 8, and 1 year volatility of 0.99 3 year of 1.32.
1 user thanked S Dobbo for this post.
dlp6666 on 24/02/2017(UTC)
banjofred
Posted: 24 February 2017 06:34:58(UTC)
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I am with HL. FTSE100 firm big premises, not an office above a chip shop in EC1.

Remember how you could save with confidence on Icelandic banks - 6.6% woo-hoo, till they went bust.

amazing when you read factsheets and recommendations, they will recommend funds that have declined.


I was previously big on Neil Woodward but he seems to have gone totally off the boil, increased my fund smith.

Troy trojan
various US trackers
dr pepper snapple group
still a bit of a couple of newton as i like to feel the pain of gradually losing money
legal and gen
liontrustlegg mason

best of all Pyrford Global

banjo
S Dobbo
Posted: 24 February 2017 08:49:55(UTC)
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S Dobbo;43619 wrote:

This is true, I automatically reinvest dividends so look at total return, the end result is the same to me. You do get a drop when the fund goes ex-div and the dividend is paid about 8 weeks after so you need to be aware of this. There accumulation is not available on II.

The fund risk score on Trustnet is 8, and 1 year volatility of 0.99 3 year of 1.32.


One other point that's a bit of a pain is that it being income means that with a fairly large amount (100k) invested in a trading account you can easily use up your £5000 tax allowance just on that fund. It may even be worth selling a day before ex-div then repurchase after, of course you're using your CGT allowance up then?
1 user thanked S Dobbo for this post.
dlp6666 on 24/02/2017(UTC)
Mickey
Posted: 24 February 2017 10:29:23(UTC)
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Shetland;43617 wrote:
Yes it does but I was looking for the accumulation version


Hi Shetland,
Apologies if I was unclear, I appreciated HL only offered the inc and that you were after the acc version but I was just suggesting that your platform may offer it for less than the minimum if you were to go direct. I hadn't noticed which platform you were with.

Mickey
dlp6666
Posted: 24 February 2017 10:50:59(UTC)
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banjofred;43652 wrote:


best of all Pyrford Global



Yes, I was looking at Pyrford Global Total Return [one in the HL Wealth 150!] and the yield on their most recent (31st January) factsheet is showing as 8.52%.

Surely too good to be true!
Shetland
Posted: 24 February 2017 17:29:41(UTC)
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This thread was originally concerning platform fees and portfolio spread but there has been a sie thread about what to do with uninvested cash and how to invest it safely to get some sort of return with out capital depreciation. I was thinking of starting a specific thread on this subject, would I get shot down in flames ??
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Keith Hilton on 24/02/2017(UTC)
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