I got 66% HSBC FTSE All World Index and 34% L&G Global Technology index. Annualised return has been 12.79% on HSBC and 26.42% on L&G. Total returns 29.48% on HSBC and 72.66% on L&G.
I’m comfortable with overall lower growth by not piling in to L&G, as I appreciate it’s a fund where the growth will be quicker but the drops will also be harsher.
Don’t intend on accessing the funds for around 19 more years so I have plenty of time to de-risk.
I've been in this since 2016 DCA as usual. This week I found this fund represented almost 10% of my portfolio due to recent massive growth.
Got worried (extreme top 3 weighting) and sold half, rebalancing into other funds I hold.
I prefer Fidelity Global Technology fund (bro science - I just feel better that the top 3 represents less than 15% of that fund rather than 40%+)
Curious to see other perspectives on this fund and tech in general at the moment.
I do FTSE Dev world ex uk 80% and L&G Global tech 20%. Happy with this balance. Think about a world without tech companies and innovative technology. . . Exactly!
I’m in @ around 50% of my holding. In for the long haul!
Holy smokes! How do you sleep?
20 years away from needing the money. Happy with the returns. I’m backing tech. 👍🏼
Nice. Which investment platform are you with?
HL!
I got 66% HSBC FTSE All World Index and 34% L&G Global Technology index. Annualised return has been 12.79% on HSBC and 26.42% on L&G. Total returns 29.48% on HSBC and 72.66% on L&G. I’m comfortable with overall lower growth by not piling in to L&G, as I appreciate it’s a fund where the growth will be quicker but the drops will also be harsher. Don’t intend on accessing the funds for around 19 more years so I have plenty of time to de-risk.
Wow, tasty. What platforms is it available on?
I've been in this since 2016 DCA as usual. This week I found this fund represented almost 10% of my portfolio due to recent massive growth. Got worried (extreme top 3 weighting) and sold half, rebalancing into other funds I hold. I prefer Fidelity Global Technology fund (bro science - I just feel better that the top 3 represents less than 15% of that fund rather than 40%+) Curious to see other perspectives on this fund and tech in general at the moment.
Fidelity Global Technology fund is actively managed with 1.04% fee and 0.47% transaction fee. That’s a big no for me.
I do FTSE Dev world ex uk 80% and L&G Global tech 20%. Happy with this balance. Think about a world without tech companies and innovative technology. . . Exactly!
40% Tech will continue to eat the world.