An article from November 2023, however still relevant, I’m tempted to swap some VWRP into FCIT for some downside protection.
if investors agree with Paul’s view that valuations are looking elevated in the dominating mega-cap tech names, casting the net across a broader range of equites is likely to be more beneficial, and the recent widening of the Discount may present a good entry point for long-term investors.
I’m also a fan. I hold JGGI, JAM, JUSC and JMG across my Isa and Sipp.
Holding four trusts from one manager does make me a little twitchy but, for my money, they’re better than many of the alternatives in their respective sectors.
I hold trusts from managers such as BG, Fidelity, Blackrock, AVI and Allianz which negates the risk a bit and gives me a blend of investing styles.
JAM is big on tech stocks I think are overvalued right now, hence not currently on my radar. It has a good track record and I do keep an eye for entry points.