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Best fund, IT not in Faang stocks

Investment discussion for beginners. Why you should invest your money, get help getting started
Adamski
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Best fund, IT not in Faang stocks

#337101

Postby Adamski » August 31st, 2020, 10:10 am

What's your favourite fund ETF or IT not in Faang stocks? Articles in the Mail that Faang, Microsoft and Tesla may be due a correction given over performance this year.

Also saw on Bloomberg chart that showed that US tech sector overtaken entire European market, got to be in bubble territory surely?

JohnW
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Re: Best fund, IT not in Faang stocks

#337115

Postby JohnW » August 31st, 2020, 11:02 am

U.K. Gilt UCITS ETF. 'seeks to track the performance of the Bloomberg Barclays Sterling Gilt Float Adjusted Index'

Dod101
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Re: Best fund, IT not in Faang stocks

#337126

Postby Dod101 » August 31st, 2020, 11:20 am

I do not know if Adamski was interested in Gilt funds, but as a fund HFEL is doing fine, however it depends what the definition of 'best' is in this context. Whether or not Faang stocks are in bubble territory I do not know. My main exposure is through Scottish Mortgage and I will leave them to decide.

Dod

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Re: Best fund, IT not in Faang stocks

#337187

Postby Backache » August 31st, 2020, 4:38 pm

Very small cap but with a good long term record and one which I hold is Herald Investment Trust.

ReallyVeryFoolish
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Re: Best fund, IT not in Faang stocks

#337224

Postby ReallyVeryFoolish » August 31st, 2020, 6:48 pm

Without a doubt, Smithson (SSON) investment trust.

jackdaww
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Re: Best fund, IT not in Faang stocks

#337327

Postby jackdaww » September 1st, 2020, 9:02 am

ReallyVeryFoolish wrote:Without a doubt, Smithson (SSON) investment trust.


=====================

do you know their charges please?

:) :)

jackdaww
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Re: Best fund, IT not in Faang stocks

#337330

Postby jackdaww » September 1st, 2020, 9:07 am

Adamski wrote:

Also saw on Bloomberg chart that showed that US tech sector overtaken entire European market, got to be in bubble territory surely?


================================

not necessarily so ....

:)

ReallyVeryFoolish
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Re: Best fund, IT not in Faang stocks

#337332

Postby ReallyVeryFoolish » September 1st, 2020, 9:20 am

jackdaww wrote:
ReallyVeryFoolish wrote:Without a doubt, Smithson (SSON) investment trust.


=====================

do you know their charges please?

:) :)

Not without looking, I am afraid. I focus on the net return rather than worrying about the charges. I realise that's not what you asked but it's an honest answer. The net returns from Smithson IT have been top drawer.

Here we go, annual management charge 0.9 per cent. Link -

https://www.smithson.co.uk/fund-factsheet

RVF

Adamski
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Re: Best fund, IT not in Faang stocks

#337638

Postby Adamski » September 2nd, 2020, 12:59 pm

The S&P and Nasdaq hit record highs with big gains Fri, Mon. Apple up 4% and Zoom up 40% led the gains in Tech. Tesla's stock split led to gains of 12% but Teslalost 4% yesterday.

I'm like an inverse seer. I prophesize an imminent correction. Stocks do the exact opposite! Happens nearly every time!

SalvorHardin
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Re: Best fund, IT not in Faang stocks

#337658

Postby SalvorHardin » September 2nd, 2020, 1:55 pm

Finsbury Growth & Income for me (my largest IT holding).

Managed by Nick Train of Lindsell Train, it has very similar portfolio to the Lindsell Train Investment Trust (LTI) without the wildly fluctuating premium which represents LTI's holding in Lindsell Train.

I see the investment strategy as being similar to Warren Buffett's "strong moats", though Mr. Train doesn't use those words.

Very concentrated portfolio; its top 5 holdings repressnt 51.4% of total investments (they are London Stock Exchange, Unilever, Diageo, Mondelez International and RELX). The ten largest holdings represent 83.6%.

Management fee is a bit less than 0.6% p.a.

monabri
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Re: Best fund, IT not in Faang stocks

#337725

Postby monabri » September 2nd, 2020, 5:50 pm

Adamski wrote:The S&P and Nasdaq hit record highs with big gains Fri, Mon. Apple up 4% and Zoom up 40% led the gains in Tech. Tesla's stock split led to gains of 12% but Teslalost 4% yesterday.

I'm like an inverse seer. I prophesize an imminent correction. Stocks do the exact opposite! Happens nearly every time!


I think you are correct but a couple of months too early....await the electioneering over the other side of the pond.


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