Funds Insider - Opening the door to funds

Welcome to the Citywire Funds Insider Forums, where members share investment ideas and discuss everything to do with their money.

You'll need to log in or set up an account to start new discussions or reply to existing ones. See you inside!

Notification

Icon
Error
Global Fund with limited exposure to the "Magnificent 7" US tech stocks
+ Reply to discussion
Options
Julianw
Posted: 03 January 2024 20:34:04(UTC)
#21

Joined: 28/07/2016(UTC)
Posts: 405
Problem of not wanting magnificent 7 in the fund, almost invariably under performed!

Can you ignore past performance and buy?????
Back to top Quote
Tug Boat
Posted: 04 January 2024 09:19:40(UTC)
#22

Joined: 16/12/2014(UTC)
Posts: 2,015
I pondered this one a few years back. The M7 were everywhere. I wanted USA but not the big boys as I had enough exposure. I wanted world too.

I ended up with NAIT and MYI. Works for me.
Back to top Quote
Peanuts
Posted: 04 January 2024 12:25:36(UTC)
#23

Joined: 16/02/2019(UTC)
Posts: 1,476
You could try equal weight... https://www.youtube.com/watch?v=6c4dVQeF-mA


Back to top Quote
andy
Posted: 06 January 2024 14:10:58(UTC)
#24

Joined: 11/03/2010(UTC)
Posts: 534
If memory serves me - and ITs are on the table (which it looks like they are) Brunner might be an option - Microsoft is the only one - all be it the number one position.
Back to top Quote
icstm
Posted: 14 January 2024 13:52:43(UTC)
#26

Joined: 16/03/2021(UTC)
Posts: 14

Thanks: 3 times
Was thanked: 16 time(s) in 6 post(s)
Thanks all for the suggestions.

I have bought the following into this year's ISA

- FCIT
- AVI Global Trust (AGT)
- FTSE All-World High Dividend Yield ETF acc (VHYG)
- Vanguard Global Equity Income
Back to top Quote
 |  Edit by user
7 users thanked icstm for this post.
Martina on 14/01/2024(UTC), North Star on 14/01/2024(UTC), Guest on 14/01/2024(UTC), Cm258 on 14/01/2024(UTC), Lesley J on 14/01/2024(UTC), Timbob9107 on 14/01/2024(UTC), Raj K on 18/01/2024(UTC)
Newbie
Posted: 14 January 2024 14:19:01(UTC)
#25

Joined: 31/01/2012(UTC)
Posts: 3,816

Thanks: 6009 times
Was thanked: 7025 time(s) in 2602 post(s)
andy;291933 wrote:
If memory serves me - and ITs are on the table (which it looks like they are) Brunner might be an option - Microsoft is the only one - all be it the number one position.

Microsoft is what Gasoline is to the energy industry - a utility company.
Sure it has investments in future advanced tech but that is part of the peripheral growth boost
It's core, and where it generates revenue and cash flow has moved from innovative tech to a staple in modern society.
Back to top Quote
5 users thanked Newbie for this post.
North Star on 14/01/2024(UTC), Guest on 14/01/2024(UTC), Timbob9107 on 14/01/2024(UTC), Jesse M on 16/01/2024(UTC), Raj K on 18/01/2024(UTC)
icstm
Posted: 15 January 2024 23:45:02(UTC)
#27

Joined: 16/03/2021(UTC)
Posts: 14

Thanks: 3 times
Was thanked: 16 time(s) in 6 post(s)
That logic is what led to their exclusion from FANG stocks some years ago.
However given the business model looks very little like the past (take a look at the types of services that make up Azure revenues and sectors driving growth) and look at their subscription model and you will see a very different story.

Moreover, given they are charging a large uplift for Co-pilot (their version of ChatGPT in their Office and Windows products, as well as within Dynamics and GitHub for coding - their future earnings look quite different to 20 years ago.

Doesn't mean their price doesn't look toppy, but to make a generalised assertion is rather weak.
Back to top Quote
3 PagesPrevious page123
+ Reply to discussion

Markets

Other markets