UK prospects for next 10 years

[Amboseli]

I'm looking to invest in some funds.

I'm going to try and have a mix of global equity and UK equity in different sectors.

I'm not sure how much I should put into the UK investments. Not based on any research but given the joint car crashes of the pandemic and brexit my feeling is that the UK is not going to be a great investment for at least the next 10 years if you're looking for growth.

Maybe a FTSE 200 tracker? I'm really not sure. Am not keen on FTSE 100 as I don't think it's going to go anywhere anytime soon.

I'm a complete newbie to investing though and need to learn to stop going by gut instinct and use logic and facts and data!

What about something more global, like the FTSE Global All Cap. That would have country allocation broadly in line with market share.

@nannynick hi, yes I'm going to go for a global fund. I'm trying to choose about 5 different funds.

So far I'm thinking

S&P 500 tracker
Global all cap
Global technology
FTSE 250 tracker
???

Why are making it complex? One fund to rule them all... you don't need multiple funds which overlap each other.

If you wanted to do something speculative with a small percentage, then you could use a global fund as a the core and then something else, emerging markets perhaps, as a tiny portion.

Keep things simple and keep things low cost. Look at what funds are provided on the ISA/SIPP platform you are using and consider using Funds of Funds (such as Lifestrategy, Consensus, MyMap) which will automatically rebalance for you.

I'm going to be investing about £50k over the next few months so don't want to put it all in one place.

I think the ones I'm looking at don't overlap that much?

They're basically technology, US, global equity and UK so covering different areas.