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Overlapping holdings
mcinnes
Posted: 09 May 2018 09:16:58(UTC)
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Does anyone have any thoughts on holding Lindsell Train Global Equity and Lindsell Train UK Equity beside each other as Unilever, Diageo and Heineken account for a mid 20% overlap in both.
King Lodos
Posted: 09 May 2018 14:39:19(UTC)
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The old advice – that you want a fund to cover each base, neatly and cleanly – just resulted in people building expensive global index trackers.

It was what people did before index trackers were so easily available – when you just wanted to cover the whole planet.

Concentration is good, if your decisions are good .. If they're not good, you should buy the index tracker .. Lindsell Train IT holds all the individual LT funds, in varying proportions .. I think it's perfectly fine, as you can tailor your exposure, dividends, volatility, etc. to your own needs .. But if you don't trust the top holdings: diversify by buying a tracker
1 user thanked King Lodos for this post.
Peter59 on 09/05/2018(UTC)
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