RE: SP drop relative to Aviva and Direct Line2 Jul 2020 17:13
zac0_4....very interesting reading your strategy. I have read quite a lot of comments from others who advocate not holding dividend shares at all and investing in growth funds and draw of a small amount annually as needed. Terry Smith the manager of Fundsmith Equity is a strong supporter of this strategy as well but not sure if he is maybe a tad biased with this opinion to get more people to invest in his flagship Fundsmith Equity Fund. That fund has now grown to a very large Market Cap/Fundsize now so maybe difficult for him to maintain the same going forward? I have looked at the younger Fundsmith Sustainable Equity Fund which is relatively young and a far lower Market Cap so probably a better option for growth than the older sister in the stable? Another fund that has caught my eye is the new Aberdeen Standard Global Mid Cap fund launched in April and managed by Harry Nimmo, this has got of to a blistering start since launch but then again it may be said that the fund was launched just at the right time as markets were rebounding from the February/March sell of. Harry Nimo does have a good track record though with his previous funds, Aberdeen Standard Global Smaller Companies fund being one that comes to mind. Maybe the new Global Mid Cap one could do very well going forward?