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Aminatidi
Posted: 19 January 2025 09:12:50(UTC)
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Anyone have any exposure or thoughts on this please?

https://fund-docs.vangua...Fund_9410_GBP_EN_UK.pdf

Seems to have done well v a straight global index but without anything like the exposure to the US or "expensive" tech etc.
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AlanT on 20/01/2025(UTC), The Spanish Inquisition on 20/01/2025(UTC)
Sheerman
Posted: 19 January 2025 09:25:03(UTC)
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I've had this in a Vanguard account for years, seems to follow but always have the edge on returns from VHYL, useful income too.
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The Spanish Inquisition on 20/01/2025(UTC), Aminatidi on 15/02/2025(UTC)
smg8
Posted: 19 January 2025 09:25:53(UTC)
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Aminatidi;331532 wrote:
Anyone have any exposure or thoughts on this please?

https://fund-docs.vangua...Fund_9410_GBP_EN_UK.pdf

Seems to have done well v a straight global index but without anything like the exposure to the US or "expensive" tech etc.


When you say it’s done well vs the index, what do you mean?

Because the fact sheet you linked says it failed to beat the index in 2017, 2018, 2019, 2020, 2021, 2023 and 2024.

It’s underperformed vs the index by over 3% per annum in the last 5 years and since inception.

It dropped by twice the index drop in 2018 and gave negative returns in 2020.

It has the same volatility as the index, and a bigger drawdown in its worst month in the last 5 years (-18.6% vs -15.8%)

None of that is to say it’s a fund that doesn’t suit specific purposes as it may well do, but curious on how you’re measuring doing well!
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ALAN P on 28/01/2025(UTC), Aminatidi on 15/02/2025(UTC), Guest on 19/02/2025(UTC)
OmegaMale
Posted: 19 January 2025 10:14:07(UTC)
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It's difficult to back this up with any numbers and as numbers are inevitably backward looking perhaps they wouldn't be that useful anyway.

I understand that a significant portion of the rise in the global indices over the last few years is down to the "mag 7", on the basis that the Vanguard Global Income Fund is "light" in those areas, the expectation is that it would be less adversely affected in a tech downturn.

Of course nobody knows but it seems a reasonable assumption.

OM (Hold roughly 5% in each of our SIPPs (along with a significantly larger chunk in global trackers).
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Sheerman on 19/01/2025(UTC), The Spanish Inquisition on 20/01/2025(UTC), Aminatidi on 15/02/2025(UTC)
AlanT
Posted: 20 January 2025 07:55:03(UTC)
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We have a small holding in this Vanguard fund but prefer JGGI and IGET where we have larger holdings.
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The Spanish Inquisition on 20/01/2025(UTC), Aminatidi on 15/02/2025(UTC)
Jesse M
Posted: 20 January 2025 08:37:32(UTC)
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smg8;331535 wrote:
Aminatidi;331532 wrote:
Anyone have any exposure or thoughts on this please?

https://fund-docs.vangua...Fund_9410_GBP_EN_UK.pdf

Seems to have done well v a straight global index but without anything like the exposure to the US or "expensive" tech etc.


When you say it’s done well vs the index, what do you mean?

Because the fact sheet you linked says it failed to beat the index in 2017, 2018, 2019, 2020, 2021, 2023 and 2024.

It’s underperformed vs the index by over 3% per annum in the last 5 years and since inception.

It dropped by twice the index drop in 2018 and gave negative returns in 2020.

It has the same volatility as the index, and a bigger drawdown in its worst month in the last 5 years (-18.6% vs -15.8%)

None of that is to say it’s a fund that doesn’t suit specific purposes as it may well do, but curious on how you’re measuring doing well!


Unless Amin you meant it's relative index, trustnet has it beating IA Global equity income over 1,3 and 5 years - which would be a fairer comparison given the fund make up and strategy.
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Aminatidi on 15/02/2025(UTC)
The Spanish Inquisition
Posted: 20 January 2025 10:22:46(UTC)
#8

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Currently hold about 18% of portfolio in this, I am quite bond averse right now while MMF's are returning just over 5% and went more into global income early December, I feel this fund sits along side JGGI nicely.
PF %
EQQQ 11
VUSA 43
JGGI 18
Vanguard Global equity income 18
Royal London Global bond opps 5
Vanguard MMF 5
Last year I was in JPM global income (high charges) & Royal London Global equity income (management uncertainty) but rejigged
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Helen L on 20/01/2025(UTC), AlanT on 20/01/2025(UTC), Aminatidi on 15/02/2025(UTC)
Robert D
Posted: 20 January 2025 10:38:46(UTC)
#9

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The Spanish Inquisition;331650 wrote:
Currently hold about 18% of portfolio in this, I am quite bond averse right now while MMF's are returning just over 5% and went more into global income early December, I feel this fund sits along side JGGI nicely.
PF %
EQQQ 11
VUSA 43
JGGI 18
Vanguard Global equity income 18
Royal London Global bond opps 5
Vanguard MMF 5
Last year I was in JPM global income (high charges) & Royal London Global equity income (management uncertainty) but rejigged



Overlap......the top holdings in EQQQ and VUSA are almost identical? JGGI holds some of them too
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The Spanish Inquisition on 20/01/2025(UTC), Aminatidi on 15/02/2025(UTC)
Thrugelmir
Posted: 20 January 2025 10:45:24(UTC)
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Aminatidi;331532 wrote:


Seems to have done well v a straight global index but without anything like the exposure to the US or "expensive" tech etc.


As it's an "income" fund the lack of exposure is self explantory. The SP500 currently only yields a gross 1.25%.
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Busy doing nothing on 20/01/2025(UTC), Aminatidi on 15/02/2025(UTC)
The Spanish Inquisition
Posted: 20 January 2025 11:08:57(UTC)
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Robert D;331652 wrote:
The Spanish Inquisition;331650 wrote:
Currently hold about 18% of portfolio in this, I am quite bond averse right now while MMF's are returning just over 5% and went more into global income early December, I feel this fund sits along side JGGI nicely.
PF %
EQQQ 11
VUSA 43
JGGI 18
Vanguard Global equity income 18
Royal London Global bond opps 5
Vanguard MMF 5
Last year I was in JPM global income (high charges) & Royal London Global equity income (management uncertainty) but rejigged



Overlap......the top holdings in EQQQ and VUSA are almost identical? JGGI holds some of them too

I'm aware of the overlap, I sold 50% of my EQQQ and 10% of VUSA last year to rebalance as it was getting way out of my comfort zone, riding on a runaway train is where we are though.
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Aminatidi on 15/02/2025(UTC)
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