Triology II Fund (New Ireland)

Seth Davis

Hello!

My financial knowledge is low...

I'm planning to invest a lump some, I met with a New Ireland representive.

Her advice was the 'Trilogy II' fund, managed by Bloxham.

Part of the asset split (subject to change) is

36 % - Geared Property (typically it is 40% but it is actively managed).

My question is, what are the feelings here on investing now in funds with a high degree of property? And it's geared, so I guess it is more heavily on the property side.

With that said, the properties in question are Retail/Industrial, and mostly in city centre locations such as Dublin and London.


How would you feel about this fund?
Thanks,

Seth.

Sonnenblumen

There's an awful lot of money in the Trilogy fund (my pension contribs), but fortunately it is a well performing fund. Would recommend it, ranks up there with the best.

BIAM and Bloxham do well and earn their fees.

BendiBus

Remember that the New Ireland representative is a sales rep. They will only offer their own products when there may be something much more suitable for you available from another provider.

Also, there may be discounts available by going through a broker.

If you have a significant amount to invest, then you should really consult an independent adviser.

Diarmuid

I have to agree with BendiBus. It's like going to a Fiat dealer and asking for the best 4 door saloon on the market. He's not going to tell you to take your business to Toyota or VW but will sell you a Fiat.

As for that particular fund, what were the charges? While property might be the hot ticket at the moment, in the long run equities produce a better return than property.

Sonnenblumen

BendiBus wrote:

Remember that the New Ireland representative is a sales rep. They will only offer their own products when there may be something much more suitable for you available from another provider.

Also, there may be discounts available by going through a broker.

If you have a significant amount to invest, then you should really consult an independent adviser.

And BTW what's the problem being a dependent rep for a good performing fund? Seems to me you know little about BIAM and even less about Trilogy. Anyways go for cut price but don't cry because you never win prizes.

Agree a good independent adviser might give you an informed view but BIAM is substantial and hardly compares to someone renting a 'serviced' office off the wrong side etc.

Pisses me off no end, when someone criticises another wishing to make money and then counters with a discounted approach. Yeah right!

Investing my arse.

BendiBus

You're very arrogant and rude. All I did was remind someone that they should try to make an informed decision. I certainly didn't recommend against Trilogy or BIAM.

Sonnenblumen

BendiBus wrote:

You're very arrogant and rude. All I did was remind someone that they should try to make an informed decision. I certainly didn't recommend against Trilogy or BIAM.

What arrogant, rude ? am I in the wrong forum?

Oh sorry, didn't realise I was mixing with the nice guys. But no hard feelings.

Time Magazine

Sonnenblumen wrote:

What arrogant, rude ? am I in the wrong forum?

Oh sorry, didn't realise I was mixing with the nice guys. But no hard feelings.

You can get your point across without being rude or abrasive. Everyone here is a big boy but we're all here to get along and I've warned you before to be congenial. You're a good poster with interesting insights but stay on the right side of good-natured. Thanks.

Nermal

Sonnenblumen wrote:

And BTW what's the problem being a dependent rep for a good performing fund? Seems to me you know little about BIAM and even less about Trilogy. Anyways go for cut price but don't cry because you never win prizes.

Never win prizes? You don't have a clue what you're talking about.

Trilogy II is showing 3.0% YTD. Eurostoxx 50 is showing more than double that. I didn't even have to go looking, it's on the same page. Buy it from an exchange instead of these guys and cut them out of the deal.

Seth you can try to pick a manager who can beat the market, but that's nothing but guesswork and you'll be wrong more often than right. Anyone who tells you he's 'worth' more than 0.5% of your money per year is almost certainly not telling you the truth.

Sonnenblumen

Nermal wrote:

Never win prizes? You don't have a clue what you're talking about.

Trilogy II is showing 3.0% YTD. Eurostoxx 50 is showing more than double that. I didn't even have to go looking, it's on the same page. Buy it from an exchange instead of these guys and cut them out of the deal.

Seth you can try to pick a manager who can beat the market, but that's nothing but guesswork and you'll be wrong more often than right. Anyone who tells you he's 'worth' more than 0.5% of your money per year is almost certainly not telling you the truth.

Triology is a consistently top performing fund, why don't you continue reading and you'll find out more.

Things must be poorly, if 0.5% is the threshold of pain?

Throwing darts a new truth?

A Random Walk

Sonnenblumen wrote:

Throwing darts a new truth?

Throwing darts (excuse me, index funds) have been proved to outperform most actively managed funds over long periods. That's just facts, sorry it doesn't fit in with your worldview.

As Nermal said, given the choice between buying a (say) ETF with an annual expense ratio in the 50 basis point range, why would anyone choose to buy an actively managed fund.

Most managed funds are a means of loading high fees on top of poor performance.

Static M.e.

Sorry to drag this up but you guys seem to really know your stuff.

Consult an independent adviser

Do you know any you would recommend?

I'm finding it difficult to find a recommendation from friends

A Random Walk

Static M.e. wrote:

Do you know any you would recommend?

I'm finding it difficult to find a recommendation from friends

It's very hard to find good independent advice. I would start with getting the list of authorised advisors from IFSRA (ifsra.ie)

Sonnenblumen

A Random Walk wrote:

It's very hard to find good independent advice. I would start with getting the list of authorised advisors from IFSRA (ifsra.ie)

I wouldn't start there! Contact IFSRA and seek information on how advisors are regulated, and how regualtion benefits the consumer. Then ask which ones are indepndent and then you'll wonder what IFSRA are paid for. IMO a MOMMA POPPA dumbed down directory service with occasional snippets of useful info on where to get the best interest rate or 'do shop around' and save € 100 on car insurance etc. I mean its a classic fluffy speak but toothless organisation.

Before anyone attacks me, I believe the IFSRA type organisations should be serving the public, I've yet to see any evidence of any substantive service. What despite the outcries has IFSRA ever done about penal rates charges by Money Lenders. How can they defend not naming and shaming!!

20rockdale

Well guys, what do you think of Trilogy II fund now ?
Is it worth keeping or better to cash in.
Are Bloxham doing a good job ?

pocketdooz

Bloxham, BIAM, Davy etc are all useless. A pack of clones, with little to no real knowledge - I'd rather put my money on a 3-legged rocking horse in the Grand National than hand it over to those donkeys to mind for me.

.

RizzoJR

be wary of investing in any fund with a flashy, catchy name

"Triology II Fund"

wtf?
are these so called professionals pumping up their ego or what??