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Thrugelmir
Posted: 07 January 2023 13:09:47(UTC)
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Alfa 2;252898 wrote:



I agree that, in that respect, comfort can be drawn but the other side of the coin wherever a family has a very large interest and influence in a trust then I am not sure how I can ensure their interests align with mine.


Then it's back to that old chestnut, do your own research. I'd suggest reading the Company accounts and other communications for say at least 5 years for starters. Companies have to promote themselves to retain and attract new shareholders. Growing in size is of mutual benefit to everyone.
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Alfa 2 on 07/01/2023(UTC)
Thrugelmir
Posted: 07 January 2023 13:11:41(UTC)
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philip gosling;252899 wrote:
Low cost global Funds/ETFS beat RIt over 6 months 1 year, 5 years and even 10 years and by a huge margin (Fidelity chart and compare ).


.....and that is just looking at Vanguard's VWRL never mind some of the other index funds - so perhaps the huge charges make a huge difference


Now with the benefit of hindsight. Do you expect the same outperformance over the next 10 years?
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Robin on 07/01/2023(UTC), dlp6666 on 07/01/2023(UTC)
Jesse M
Posted: 07 January 2023 13:23:31(UTC)
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Are Rothschild investing for generations to come (notice the plural) - maybe more generations then you and your extended might be around - could it be that they have no need for short term or long term, but only generational success?

If so, then expectations are surely different between them and most of us.
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Alfa 2 on 07/01/2023(UTC)
Mr GL
Posted: 07 January 2023 13:31:05(UTC)
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Peak SP drawdowns to now - if you are worried about private equity valuations - RCP is about 41% PE...

Peak SP Drawdown share price
EQGB …....... -36% …....... 20930
EQQQ …....... -27% …....... 22149
IPRV. …....... -25% …....... 1938
OCI… …....... -8% …....... 415
HVPE …....... -22% …....... 2295
HGT.. …....... -18% …....... 364
III…. …....... -9% …....... 1369
NBPE …....... -17% …....... 1600
CTPE BPET -10% 433
PIN.. …....... -24% …....... 267
APEO SLPE -28% 418
ICGT …....... -11% …....... 1172
APAX …....... -24% …....... 179
…....... ….......
CHRY. …....... -65% …....... 79
GROW …....... -66% …....... 403
IPO…. …....... -60% …....... 60
CLDN …....... -13% …....... 3565
RIT.. …....... -26% …....... 2055
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Robin on 07/01/2023(UTC), Aminatidi on 07/01/2023(UTC), Sheerman on 07/01/2023(UTC), dlp6666 on 07/01/2023(UTC), Phil 2 on 07/01/2023(UTC)
Keith Cobby
Posted: 07 January 2023 13:32:39(UTC)
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philip gosling;252899 wrote:
Low cost global Funds/ETFS beat RIt over 6 months 1 year, 5 years and even 10 years and by a huge margin (Fidelity chart and compare ).


.....and that is just looking at Vanguard's VWRL never mind some of the other index funds - so perhaps the huge charges make a huge difference


All the large global ITs have done better over the last decade (and shorter periods). They have greater transparency, much less complexity, and much lower fees. Good luck to those who are trading it, but as a long term investment it has lost its way.
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Alfa 2 on 07/01/2023(UTC), Phil 2 on 07/01/2023(UTC), Dexi on 08/01/2023(UTC)
Aminatidi
Posted: 07 January 2023 13:35:34(UTC)
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Thrugelmir;252901 wrote:
philip gosling;252899 wrote:
Low cost global Funds/ETFS beat RIt over 6 months 1 year, 5 years and even 10 years and by a huge margin (Fidelity chart and compare ).


.....and that is just looking at Vanguard's VWRL never mind some of the other index funds - so perhaps the huge charges make a huge difference


Now with the benefit of hindsight. Do you expect the same outperformance over the next 10 years?


I think this is where the fees either come into it or don't depending on your point of view.

Nobody knows what performance will be over the next ten years but fees that you know about are just maths and paying almost 6% in fees come rain or shine seems a significant headwind to overcome whatever happens.

I tend to think there's a bull and bear case for most things.

Which one to listen to 🤔
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Tim D on 07/01/2023(UTC), smg8 on 07/01/2023(UTC), Sheerman on 07/01/2023(UTC), Jesse M on 07/01/2023(UTC)
Robin
Posted: 07 January 2023 13:54:48(UTC)
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Keith Cobby;252909 wrote:
philip gosling;252899 wrote:
Low cost global Funds/ETFS beat RIt over 6 months 1 year, 5 years and even 10 years and by a huge margin (Fidelity chart and compare ).


.....and that is just looking at Vanguard's VWRL never mind some of the other index funds - so perhaps the huge charges make a huge difference


All the large global ITs have done better over the last decade (and shorter periods). They have greater transparency, much less complexity, and much lower fees. Good luck to those who are trading it, but as a long term investment it has lost its way.



But your favourite, SMT, hasn't? Anyone putting up a global equity fund against RCP has missed the point. A 100% equity fund has done better in a huge bull market? What about the next ten years?

SF100 summed it up nicely above. I think people just need to get over this - if you like RCP, great, if you don't, great. We all make our choices.
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Aminatidi on 07/01/2023(UTC), Logic Prophets on 07/01/2023(UTC), dlp6666 on 07/01/2023(UTC)
Pre Ka
Posted: 07 January 2023 13:56:34(UTC)
#742

Joined: 07/04/2019(UTC)
Posts: 241
LOOKING AT THOSE Peak SP drawdowns to now -
RCP has fallen more than some of the other funds that are 100% private equity, markets are quite funny
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Thrugelmir
Posted: 07 January 2023 14:03:01(UTC)
#741

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Mr GL;252908 wrote:
Peak SP drawdowns to now - if you are worried about private equity valuations - RCP is about 41% PE...

Peak SP Drawdown share price
EQGB …....... -36% …....... 20930
EQQQ …....... -27% …....... 22149
IPRV. …....... -25% …....... 1938
OCI… …....... -8% …....... 415
HVPE …....... -22% …....... 2295
HGT.. …....... -18% …....... 364
III…. …....... -9% …....... 1369
NBPE …....... -17% …....... 1600
CTPE BPET -10% 433
PIN.. …....... -24% …....... 267
APEO SLPE -28% 418
ICGT …....... -11% …....... 1172
APAX …....... -24% …....... 179
…....... ….......
CHRY. …....... -65% …....... 79
GROW …....... -66% …....... 403
IPO…. …....... -60% …....... 60
CLDN …....... -13% …....... 3565
RIT.. …....... -26% …....... 2055


You've omitted SMT.
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SF100 on 07/01/2023(UTC)
philip gosling
Posted: 07 January 2023 17:39:43(UTC)
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Thrugelmir;252901 wrote:
philip gosling;252899 wrote:
Low cost global Funds/ETFS beat RIt over 6 months 1 year, 5 years and even 10 years and by a huge margin (Fidelity chart and compare ).


.....and that is just looking at Vanguard's VWRL never mind some of the other index funds - so perhaps the huge charges make a huge difference


Now with the benefit of hindsight. Do you expect the same outperformance over the next 10 years?


Quote
I expect several low cost global equity index funds /Etfs to beat RIT over the next 10 years - for one key reason they are cheap and buying the market they will rise with it . ` RIT is picking using an experienced team but still...... This is why I have been gradually moving from Stock selection and individual Investments to index funds/EtFS - mind you I am 73 so perhaps the time is correct for such a shift but I have also used Low cost global equity index funds for my 5 year old grand daughter and over next 70 years I feel she'll do OK!
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3 users thanked philip gosling for this post.
Alfa 2 on 07/01/2023(UTC), Jimmy Page on 07/01/2023(UTC), Sheerman on 08/01/2023(UTC)
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