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mcminvest
Posted: 06 March 2025 15:17:49(UTC)
#27

Joined: 22/02/2018(UTC)
Posts: 1,200
Joe C;336671 wrote:
When a sufficient quantity of cream comes off the top of the globals, you’ll probably re-acquire an interest in buying them again.

Why risk money you already have in order to make more money you probably won’t ever really need?

Shove the excess in a MM fund or suchlike, take the 5%+ in the short term and let it build up.

Drip it into your existing portfolio - ready to go in with larger amounts if everything goes properly tits-up.

That's what I'm doing anyway FWIW.



This is where I got to also, I didn't go into as much detail and spend the time as smg8 has (I'm guessing) but keeping it simple in SIPP & ISAs with index global funds and MMF. More than happy with what atm is a proxy bond @ 5% and deploy if the proverbial hits the fan. 15% cash/MMF atm. Based on falls over last few weeks have deployed some. Another ~1% drop in FTSE & S&P today so hands off for now.
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mcminvest
Posted: 06 March 2025 15:24:01(UTC)
#32

Joined: 22/02/2018(UTC)
Posts: 1,200
OmegaMale;336678 wrote:
Vanguard Global Equity Income ticks a lot of boxes for me

0.48% OCF
74.65% return over the last 5 years
Just under 43% US with no sign of the "Mag 7" in the top 10

Down about 1% over the last month or so

Happy to hold in both SIPPS and ISA

OM


It's got 4 of the Mag 7 in top 10?????
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AlanT
Posted: 06 March 2025 15:50:15(UTC)
#33

Joined: 23/07/2010(UTC)
Posts: 116

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mcminvest;336713 wrote:
OmegaMale;336678 wrote:
Vanguard Global Equity Income ticks a lot of boxes for me

0.48% OCF
74.65% return over the last 5 years
Just under 43% US with no sign of the "Mag 7" in the top 10

Down about 1% over the last month or so

Happy to hold in both SIPPS and ISA

OM


It's got 4 of the Mag 7 in top 10?????


From the Vanguard website today:
Holding details
As at date 31 Dec 2024

Holding Name % of funds
Merck & Co Inc 1.99%
Johnson & Johnson 1.97%
Bank of America Corp 1.87%
Philip Morris International Inc 1.76%
FinecoBank Banca Fineco SpA 1.73%
Novartis AG 1.73%
AstraZeneca PLC 1.71%
TotalEnergies SE 1.68%
Cisco Systems Inc 1.62%
Deere & Co 1.56%
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Guest on 06/03/2025(UTC)
OmegaMale
Posted: 06 March 2025 15:52:39(UTC)
#35

Joined: 02/07/2020(UTC)
Posts: 546

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mcminvest;336713 wrote:
OmegaMale;336678 wrote:
Vanguard Global Equity Income ticks a lot of boxes for me

0.48% OCF
74.65% return over the last 5 years
Just under 43% US with no sign of the "Mag 7" in the top 10

Down about 1% over the last month or so

Happy to hold in both SIPPS and ISA

OM


It's got 4 of the Mag 7 in top 10?????


Err not according to HL

Security Weight
NOVARTIS AG 2.20%
JOHNSON & JOHNSON 2.04%
TOTAL SE 1.97%
CISCO SYSTEMS 1.96%
PHILIP MORRIS INTERNATIONAL 1.92%
MERCK & CO INC(NEW) 1.81%
BANK OF AMERICA CORP 1.75%
LOCKHEED MARTIN CORPORATION 1.71%
ASTRAZENECA 1.69%
ARES MANAGEMENT CORPORATION 1.59%

OM
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Guest on 06/03/2025(UTC)
Thrugelmir
Posted: 06 March 2025 16:13:01(UTC)
#36

Joined: 01/06/2012(UTC)
Posts: 5,361
OmegaMale;336717 wrote:
mcminvest;336713 wrote:
OmegaMale;336678 wrote:
Vanguard Global Equity Income ticks a lot of boxes for me

0.48% OCF
74.65% return over the last 5 years
Just under 43% US with no sign of the "Mag 7" in the top 10

Down about 1% over the last month or so

Happy to hold in both SIPPS and ISA

OM


It's got 4 of the Mag 7 in top 10?????


Err not according to HL

Security Weight
NOVARTIS AG 2.20%
JOHNSON & JOHNSON 2.04%
TOTAL SE 1.97%
CISCO SYSTEMS 1.96%
PHILIP MORRIS INTERNATIONAL 1.92%
MERCK & CO INC(NEW) 1.81%
BANK OF AMERICA CORP 1.75%
LOCKHEED MARTIN CORPORATION 1.71%
ASTRAZENECA 1.69%
ARES MANAGEMENT CORPORATION 1.59%

OM


Never rely on the HL site. Always go to the horses mouth. Full of inaccurate (historic) data.
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OmegaMale
Posted: 06 March 2025 17:31:53(UTC)
#39

Joined: 02/07/2020(UTC)
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Thrugelmir ... definitely agree about HL's dodgy data (they blame it on their subcontractor which is frankly a ridiculous thing to say). I note that AlanT's list from the Vanguard website also agrees with the absence of Mag 7 which, in the context of this thread is probably the most important thing. The 2 top 10's are different but reasonably similar.

OM
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Aminatidi
Posted: 06 March 2025 17:45:04(UTC)
#38

Joined: 29/01/2018(UTC)
Posts: 5,870
OmegaMale;336678 wrote:
Vanguard Global Equity Income ticks a lot of boxes for me

0.48% OCF
74.65% return over the last 5 years
Just under 43% US with no sign of the "Mag 7" in the top 10

Down about 1% over the last month or so

Happy to hold in both SIPPS and ISA

OM


I had an eye on this before the recent fun and games.
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smg8
Posted: 06 March 2025 17:50:27(UTC)
#40

Joined: 26/04/2020(UTC)
Posts: 3,384

Thanks: 5726 times
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I think the confusion is perhaps that the other post pertains to the income share class of Vanguard Global Equity, which sounds similar but is a different product to Vanguard Global Equity Income.

On the global equity income fund, it's probably not the type of income fund I'm after but do appreciate the suggestion.

It's more volatile than a straight global index tracker, yet has returned less in every year of its existence bar one. I'm comfortable with lower returns from something that is lower risk - and I guess it is lower risk in terms of factor/concentration - but lower returns and higher volatility isn't quite the box I'd want to tick.

If I were to buy something I'd be more inclined toward a slow and steady compounder as opposed to a higher yielding type income fund (as they are distinctly different). I see Fidelity Global Dividend and Guinness Global Equity Income as in this camp, but am in no rush to do anything as I have a month (today!) to decide and as others have suggested no need to dive in with the whole amount in one go anyway.

I can see the appeal of it in terms of doing something different though, and the low fee is a massive +.

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Aminatidi on 06/03/2025(UTC)
Shetland
Posted: 06 March 2025 18:46:31(UTC)
#41

Joined: 13/03/2015(UTC)
Posts: 1,247

Thanks: 928 times
Was thanked: 1534 time(s) in 650 post(s)
SMG8. Have you considered TDGB ? I know you are not keen on ETFs but it’s performance and holdings suggest it might be worth a closer look

The following data is from Morningstar

Country

United States 18.82
France 12.74
United Kingdom 10.38
Italy 8.34
Canada 8.26
Germany 7.70
Switzerland 6.94
Australia 4.86
Spain 3.86
Japan 3.70


Sectors

Basic Materials 6.83
Consumer Cyclical 7.27
Financial Services 41.73
Real Estate 0.22
Communication Services 5.77
Energy 10.71
Industrials 4.69
Technology 0.00
Consumer Defensive 2.31
Healthcare 14.65
Utilities 5.83

Holdings

HSBC Holdings PLC 4.78
Verizon Communications Inc 4.77
Chevron Corp 4.56 24
Pfizer Inc 4.33
Roche Holding AG 3.80
TotalEnergies SE 3.20 21
BHP Group Ltd 3.00 23
Intesa Sanpaolo 2.35 18
Allianz SE 2.26
Sanofi SA 2.26


2025
Total Returns +/- Category +/- Category Index
1 Day 1.19 1.62 1.21
1 Week -0.69 0.73 1.30
1 Month 2.93 3.39 5.30
3 Months 7.70 6.51 7.84
6 Months 12.93 6.76 5.95
YTD 9.30 5.88 7.59
1 Year 20.37 9.31 8.00
3 Years Annualised 15.36 6.25 6.31
5 Years Annualised 14.83 5.27 4.40
10 Years Annualised - -

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smg8 on 07/03/2025(UTC)
ben ski
Posted: 06 March 2025 19:11:11(UTC)
#23

Joined: 15/01/2016(UTC)
Posts: 1,392

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NPH;336664 wrote:
William P;336661 wrote:
You could add some PNL. Maximum drawdown 11.9% according to the factsheet

or Troy Trojan, but maximum drawdown on this is 13.7% (I thought funds were meant to reduce the risk of discounts that IT's are exposed to)


Not to criticise anyone's choices, but funds like PNL and CGT get a lot of discussion on here, but all I can see is years of underperformance in the hope that they will be more defensive if markets crash.


It's a mystery why people here think this.

They've just come off one of the best periods of outperformance in decades – they avoided a huge sell-off in bonds. And when stocks do go through a real rough patch, then you'll remember why people hold bonds, and why you need to use appropriate benchmarks.
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4 users thanked ben ski for this post.
Guest on 06/03/2025(UTC), Guest on 07/03/2025(UTC), smg8 on 07/03/2025(UTC), Tim D on 08/03/2025(UTC)
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