GIA/ISA and SIPP positions
Posted: March 2nd, 2021, 8:44 am
Over the past couple of years, I've rationalised my holdings down to a current set that I hold across my GIA, ISA, and SIPP accounts, and I was hoping for any feedback or suggestions of possible changes to consider:
I have around 20 years before I can access my SIPP, so quite happy to take on some risk there (£300k value at present with around £20k added per year). I'm also aiming for capital growth in my GIA and ISA accounts so that in 10 ish years I could consider starting to take some of this out to fund some living costs if I did want to work less (£450k value at present with another £30k added per year).
In terms of my reasoning for the current mix of positions:
- Overweight China as I feel this presents good growth opportunities over the next couple of decades
- A decent position in small and medium cap stocks due to long term growth focus (plus medium/high risk tolerance)
- Fundsmith and Rathbone in equal allocations as both have global outlook but different approaches, so hedging bets as to ongoing performance
I did think about having two sets of holdings: keeping the above mix in the SIPP, and another set across GIA and ISA, however other than possibly buying into BG Managed there was nothing that really caught my eye so I thought it easier to just manage the whole amount together.
I have around 20 years before I can access my SIPP, so quite happy to take on some risk there (£300k value at present with around £20k added per year). I'm also aiming for capital growth in my GIA and ISA accounts so that in 10 ish years I could consider starting to take some of this out to fund some living costs if I did want to work less (£450k value at present with another £30k added per year).
In terms of my reasoning for the current mix of positions:
- Overweight China as I feel this presents good growth opportunities over the next couple of decades
- A decent position in small and medium cap stocks due to long term growth focus (plus medium/high risk tolerance)
- Fundsmith and Rathbone in equal allocations as both have global outlook but different approaches, so hedging bets as to ongoing performance
I did think about having two sets of holdings: keeping the above mix in the SIPP, and another set across GIA and ISA, however other than possibly buying into BG Managed there was nothing that really caught my eye so I thought it easier to just manage the whole amount together.