Quinn funds, Which ones to pick?

Topcat103

I going to invest with quinn regular saver plan, lump sum to start ~2k. Regular monthly savings 100e afterwards.

I won't be touch anything to do with the ISQE (celtic fund).

I like the Bio and tech funds.

Quinn allow 2 changes per year free.

Funds and performance link

https://life.quinn-direct.com/qlxEclipseWeb/Secure/Eclipse/FundPerformance.aspx

A Random Walk

If I was you I'd do a small bit of reading on building portfolios. What you'll probably be trying to do is spread your money around (diversification) so that you don't have everything in one basket. Also you'll have to decide how much risk you want to take on - generally the riskier the funds the higher the expected long term returns but also the more likely they are to fluctuate significantly. Bio and Tech are traditionally high risk funds.

The ISEQ has flopped last year and this is exactly the time when you should be considering putting money in, not staying out of it! Myself I spread my money around a couple of funds and I don't try to speculate too much as to what way they're going to go.

Arthurdaly

I'm actually thinking about lumping a bit into the celtic fund when the majority of the financials have their financial statements audited.

With regards to funds do you guys consider the nav in terms of the expenses costs?
A larger fund would more easily absorb all operating expenses and the expense ratio would not be not that much higher than the management fees.

Is there any other companys other and Quinn or Rabo who offer easy access to funds for the ordinary man in the street at a relatively cheap entry/exit cost?

Are there any industry index funds easily accessible for example?

A Random Walk

Arthurdaly wrote: »

Are there any industry index funds easily accessible for example?

Quinn are the cheapest I've come across in Ireland. You could also trade ETFs (hundreds of index fund choices) with a stockbroker, but you have to be aware of fees. Certainly for a few hundred euros a month Quinn would be a better choice, but maybe once a year you might decide to move your Quinn money into a direct ETF.

The NAV should be considered and so should a spread when it comes to ETFs. How much the NAV matters depends on the fund and you'll have to make your own mind up on this. Usually there is a wider NAV discrepency for exotic funds.

Vanguard are the leading US provider of index funds but they require 100k minimum from Irish customers.

Arthurdaly

Arthurdaly wrote: »

Is there any other companys other and Quinn or Rabo who offer easy access to funds for the ordinary man in the street at a relatively cheap entry/exit cost?

There is a list of low-cost providers in this thread http://www.askaboutmoney.com/showthread.php?t=37142 of askaboutmoney

kmick

I have money in the following and this is their monthly return in the last 30 days

Euro Freeway Investment -9.46
Celtic Freeway Investment 0.14
China Freeway Investment -0.43
Emerging Markets Freeway Investment 5.16
Latin America Freeway Investment 8.88
Biotech Freeway Investment -1.12
Technology Freeway Investment -4.16

Latin america and Emerging have been my only saviour in the last 6 months.