The Lemon Fool

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?

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

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

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

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

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do you know their charges please?

Adamski wrote:

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

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not necessarily so ....

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!

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.

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.