1Semana·

Should I stay or should I go?

Hello everyone, I need your point of view. I still have three actively managed investment funds in my portfolio ($HJUI (+1,28 %) , $HJUF (+0,03 %) approx. 10k each and $SR1J9K (+0,56 %) approx. 22k, total portfolio approx. 370k). My father once invested them for me and they have performed quite well (see screenshot), but I'm not really a fan of active funds, especially because of the TER. However, I'm struggling with whether I should switch, as I have to pay some of the tax. I am torn...what is your opinion?

Your general opinion on actively managed funds is also welcome...they certainly have a right to exist.

Thank you & greetings

Creon

6 Comentarios

Imvestment4Life@Investment4Life

1Semana

Even if TER should be 20%.
If it works then it works. I would not sell

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Epi@Epi

1Semana

Compare the funds with similar ETFs and sell/swap the underperformers.
In the case of the better performing funds, I would research the fund manager responsible and simply hold on as long as he is at the helm. They must be doing something right.

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Julian@MoneyISnotREAL

1Semana

A quick look:

$HJUF is similar to a $VWRL. Not quite, but similar. The active fund has a little more information technology in it, which has probably resulted in better performance in recent years.
Fund: 1.45% management fee p.a.

$HJUI is similar to a DAX ETF (e.g. $LYY7 ). However, the fund has a focus on information technology. In comparison, the fund has performed worse over the last 17 years.
Fund: 1.45% management fee p.a.

$SR1J9K compares with the MSCI Stoxx 600 and according to their brochure the fund performs worse. The fund feels like a mixture of Stoxx600 and Momentum Europe.
Fund: 1.97% management fee p.a.

_____

If the funds are from your father, it is possible that certain units were purchased before 2008. This means that they may even be tax-free to sell.

As @Epi and @Dividenden-Penner have written, you can proceed as follows. You need to form your own opinion and think about it. As a tip: also calculate the performance of a fund vs. an ETF over 30 years, including costs.
The 1.5% management fee is often a big factor over time...

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Kreon@Kreon

1Semana

@MoneyISnotREAL Thanks....the old regulation actually slipped my mind...that makes the decision easier of course...but selling papers with three-digit green numbers always feels weird :-D

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Dividenden-Penner@Dividenden-Penner

1Semana

Look at the annual returns of the funds over the last 10 years. If significantly below the return of the World Etf (which I suspect) then you know whether you want to keep feeding the fund managers or not. The taxes (on the profit) hurt. That's why you can start small with the sales and only use up the savings allowance and switch to World-Etf.

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AkeOSelman@AkeOSelman

1Semana

I took over similar active funds from my parents and I have to say that they are withstanding the crisis extremely well. The costs are high but they easily beat MSCI with >10% losses. Therefore hold.

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