Hello all,
Super noob-y question here.
In April 2021 I moved a fair chunk of my savings into a 100% equities portfolio, managed by HL and composed as follows:
- 80% in VATFGAG (Vanguard FTSE Global All Cap Index Fund)
- 20% in MNKS (Monks Investment Trust)
A year on, my VATFGAG has been doing decently (+6.59% today) while MNKS has tanked my overall return with a whopping -25% today. This decline has been ongoing since January, but the stock was hardly ever in the green since I first purchased it.
My question is quite simple: was I rushed in my analysis and have I made a bad choice in using MNKS as my only 'diversification' from an all cap? Is this a kind of fund it makes sense to stay invested in given the current situation and my investing objectives? Considering the fund is up 252% in 10 years, I'd say so. But of course, past performance yada yada.
For full disclosure, I have a 5-10 year investment horizon and no specific plans on what to do with that money even then.
I also have significant crypto investments (I freelance in the industry as a side hustle) accounting for around 35% of the above lump sump investment, and a cash position of about another 40%.
I'd welcome any kind of comment input.
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