£65,000 to Invest......Unit Trusts

[Cirencester]

I have this amount coming to me shortly via an inheritance. I've always been a bit of a Gambler and have no intention of sticking it into a Bank as such.

I've always been keen on Unit Trusts. I'm looking for an aggressive fund thats going to take risks Any suggestions ?? I often see new funds offering Asian Dynamic Growth etc and similar. Doesnt have to be Far East Funds as such

Any suggestions ?? Thanks

Edited April 11, 2015 by Cirencester

[Rhys]

Sorry .. one born every minute.

Edited April 11, 2015 by Rhys

[Henryford]

I have this bridge i would like to sell.

[SheungWan]

If you are interested in doing some research on the various trusts, then one of the best websites to look at is trustnet.com http://www.trustnet.com/

A friend of mine is very keen on Fundsmith: https://www.fundsmith.co.uk/Home.aspx

You might want to consider investment trusts as well as unit trusts.

[Cirencester]

If you are interested in doing some research on the various trusts, then one of the best websites to look at is trustnet.com http://www.trustnet.com/

A friend of mine is very keen on Fundsmith: https://www.fundsmith.co.uk/Home.aspx

You might want to consider investment trusts as well as unit trusts.

Thanks.......not sure whats the problem with the previous two posters. Probably they are potless in the first place !

Yes am checking out all the top fund managers across the Groups. I've always invested previously in Perpetual and have done great over the Years but they dont really offer what I'm interested in.

HL here in the Uk have a Far East fund starting on April 28th and they have quality reputation

I'm grateful for other suggestions. I'd probably split between 3 Funds

[Cirencester]

Sorry .. one born every minute.

and your suggestion is..............?

[petermik]

Sorry .. one born every minute.

Cirencester-Over the last 15 years I,ve taken advantage of Isas (unit trust not cash) and my investments are with with Hargreaves Lansdown (Google it) I have 7 different Funds but ALL of them Income paying funds-for the last 5 years I,ve been drawing income amounting to a return of 4 to 5% (tax free as its in an Isa) per year- plus my capital investment has risen by over 8% (average sum funds higher some lower) of course in this time I have seen my valuation go under my initial investment (paper loss) my advice is simple take the stock market approach if your investing over the long term 5+ years...... but note the stock market in the UK is on a high at the moment and with the Election coming up and uncertanty about the outcome it could be volatile-the stock market crash of 2008 saw my investments down 13% (and I was lucky it wasn,t more) but as I didn,t need the money it didn,t bother me unduly.

as for Rhy,s comment ignore it........he knows <deleted> all

[topt]

If you are interested in doing some research on the various trusts, then one of the best websites to look at is trustnet.com http://www.trustnet.com/

A friend of mine is very keen on Fundsmith: https://www.fundsmith.co.uk/Home.aspx

You might want to consider investment trusts as well as unit trusts.

Thanks.......not sure whats the problem with the previous two posters. Probably they are potless in the first place !

Yes am checking out all the top fund managers across the Groups. I've always invested previously in Perpetual and have done great over the Years but they dont really offer what I'm interested in.

HL here in the Uk have a Far East fund starting on April 28th and they have quality reputation

I'm grateful for other suggestions. I'd probably split between 3 Funds

A recent article here - http://www.telegraph.co.uk/finance/personalfinance/investing/11489789/The-funds-that-have-returned-more-than-12pc-per-year-for-THIRTY-years.html along with others

Many more at the Trustnet site mentioned by Sheung Wan http://www.trustnet.com/News/?utm_campaign=FE+Trustnet+Daily&utm_source=hs_email&utm_medium=email&utm_content=17011679&_hsenc=p2ANqtz--pVossbSs0DvGRw4BxjEYau430Sn4uxbLWEURGc_uYPMAMqTMAterAyXTN58PhaWY8qGZnbX6C5RX9zVWmctAv2relow&_hsmi=17011679

Motley Fool boards - http://boards.fool.co.uk/investment-trusts-unit-trusts-50097.aspx (mainly Investment Trusts and better if you search for specifics within)

Our very own renowned Fletch Smile on TV mentions a number of funds in this thread http://www.thaivisa.com/forum/topic/640408-set-index-and-thai-mutual-funds/page-20

[CNXBKKMAN]

I am not a financial advisor so some people will think my advice in no good but since I am not trying to sell you anything some people may believe my advice is better!

First off. Steer clear of financial advisors, unit trusts , funds, trackers etc. Have nothing to do with them whether they are local (even more dodgy) or NY London based well known firms. Bare in mind that over the last few years it has been proven that interest rates, gold , exchange rates have been manipulated and rigged by the biggest most reputable firms on the planet.

So if you still want to invest in the stock market do it directly. You buy and own the stocks yourself. It's better than horse racing which is over in 5 minutes. If your bet goes wrong it can still recover 6 months or whatever in the future if you are willing to hold. If you your stocks do go up bank the profit. Buy on bad news and when things are out of favor. In the deepest doom and gloom start buying and bank your profits when you can or stop trading for months and hold on? With the internet you have the world to trade in rather than just thai stocks.

[Chivas]

I am not a financial advisor so some people will think my advice in no good but since I am not trying to sell you anything some people may believe my advice is better!

First off. Steer clear of financial advisors, unit trusts , funds, trackers etc. Have nothing to do with them whether they are local (even more dodgy) or NY London based well known firms. Bare in mind that over the last few years it has been proven that interest rates, gold , exchange rates have been manipulated and rigged by the biggest most reputable firms on the planet.

So if you still want to invest in the stock market do it directly. You buy and own the stocks yourself. It's better than horse racing which is over in 5 minutes. If your bet goes wrong it can still recover 6 months or whatever in the future if you are willing to hold. If you your stocks do go up bank the profit. Buy on bad news and when things are out of favor. In the deepest doom and gloom start buying and bank your profits when you can or stop trading for months and hold on? With the internet you have the world to trade in rather than just thai stocks.

But if you do it it directly and do it yourself you gotta know what you're doing !!

Surely the whole idea is that Fund Managers charge a fee and in theory return a better average than the Layman would over time.....?

[SantiSuk]

Don't put it all in one fund/trust. You should always balance risk by spreading it.

Personally I never invested in unit trusts (have always used investment trusts) - UTs are a confection for the UK financial services industry to collect commissions, but that has been cleaned up a bit now and hey presto advisers are starting to like ITs. Investment Trusts have now been acknowledged as having generally performed better than equivalent unit trusts over the longer term (after years of having been poo-pooed as old fashioned by the commission-collecting lobby!). However, if you are starting out and DIY'ing your own selection, unit trusts are ok (better than trying to select individual stocks); investment trusts can be more volatile than unit trusts and the sentiment swings in individual trusts can be a bit off-putting to a new investor.

Personally I would not invest new money in UK and international markets until later this year. Markets generally are at a high (with an element of bubble in them IMO). Then there is the "sell in May factor" around the corner that applies more often than not. Then there is the fact that the tax year end has resulted in its usual stuffing up of the market with buy orders, which then raises prices which then encourages others to enter.

I am not a doom monger, but personally I have moved the cash element of my portfolio from 10% (I always keep some cash waiting for black swan doom and gloom events even when times are set fair) to 30% over the last 2 weeks.

Just my opinion, based on 40 years reasonably successful (unadvised and I outperform the indices over the long term) investing in mostly investment trusts plus some selected income stocks I like (eg Diageo and previously Vodafone). I am not great at spotting the top of a market (I am good at buying at the bottom when others are crying Armageddon). There is indeed a small chance that the market is 'climbing the wall of fear' and will continue to grow over the summer months. I think that is less likely than a 5% downward correction. With my portfolio up over 10% this year already I'm happy to park some profits awhile, even if cash is a zero revenue asset these days. I never bet my whole portfolio on one interpretation of what might happen.

Just an input - I regard myself as a reasonably conservative investor - you should listen to all types and make your mind up which type suits you. It's a broad parish and I'm not critical of those who play a much faster poker game if it suits their character.