Gyroscopic Investing

So it’s UK bonds and global equities. Those are always the interesting pieces of non US PPs.

I Shrugged wrote: ↑Thu Mar 03, 2022 7:51 pm So it’s UK bonds and global equities. Those are always the interesting pieces of non US PPs.

Wondered if they could substitute UK hedged International Developed Markets Bond ETF's.....

25% Global stock via London Stock Exchange listed FCIT investment trust https://www.bmogam.com/fandc-investment-trust/ has around 50% US, 50% rest of world stock exposure

50% domestic UK Gilts (Treasury), 1 and 20 year barbell or a simple 10 year ladder bullet

25% physical gold (some SGLN ETF for liquidity/rebalancing purposes)

has good enough multiple currencies/assets exposure.

BMO (Bank of Montreal) manage the FCIT fund i.e. you can buy into their savings plans so you're dealing/holding directly with the Trust rather than via a broker (direct investing rather than via Street Name). Whilst the fees/costs look high relative to low cost ETF's in practice their active management and ability to leverage/de-leverage, along with a price to net asset value discount tends to offset the costs. Shares are recently priced to a 10% discount to net assets value https://www.trustnet.com/factsheets/t/f ... al-inv-tst

Much of UK stock earnings are sourced from foreign anyway, north of 70% for the FTSE100 (largest 100 stocks). FCIT is pretty much the same as a 50/50 S&P500/FTSE100 split rolled up into one.