richfool wrote:Dod101 wrote:I am no advocate of trackers but this is a discussion Forum and it is pleasing that you are prepared to discuss. I just think that no one really needs to cover the entire world of investment, but anyway it is not my portfolio. It would be far too much hassle for me, but thanks for putting it up.
Be interesting though, to know the broad outcome. For instance are you up or down since 1/1/22, and over say the last 5 years?
Whilst I have total valuation figures for previous years, it's difficult to give meaningful performance statistics, as until 2020 I was still adding ad hoc amounts of cash to the portfolio and reinvesting all dividends. Whereas from this year, I started having the dividends remitted to me.
The best I can offer you is:
Period 4/1/21 to 5/1/22 = +13% (1 year) (which will include dividends reinvested).
Period 5/1/22 to 6/6/22 = 0% change (shown as a matter of interest/coincidence)
Period: 5/1/22 to 14/7/22 = -7.5% (that negative figure, for this year, year to date, includes the fact that I withdrew all dividends received and took losses on a couple of holdings including Polymetal).
Period: 14/7/21 to 14/7/22 = 0% change (1 year) (note above comments).
I haven't unitised my portfolio.
Once I have made the final adjustments (increase global and USA exposure), my plan is to complete the move to being virtually totally "hands-off", which will mean that performance is easier to track and compare, and I can hopefully go off on my world trip.
Thanks the outcome is not that different from my own portfolio then, certainly for the current year to date. I think you could get by with rather fewer ITs and certainly a lot less hassle, by significantly reducing the number of holdings. You are not wrong of course because there is no right or wrong with investment but just a thought.
I would if, into only ITs, buy say up to 10 or so, maybe three or four generalists, and for the rest you could indulge your fancy with emerging markets, the US and so on but I would hold more generalists and let these managers decide the best areas to invest in.
Dod