Six Park & Stockspot your review

Hi,
I am an absolute beginner and scared investor, thinking of investment companies like Six Park & Stockspot to create $50K portfolio from my savings.

If any anybody can share their experience investing through above 2 companies or similar , be much appreciated.

Thanks
Dave

 

Six Park has been discussed a few times on here and seems to be a well diversified portfolio.
The Vanguard ETF - VDGR Diversified Growth Index could be a good option or the Vanguard managed funds preferably the wholesale to keep management costs down, possibly with $100k as a minimum.

 

Thanks mate.

 

Yep. I like Six Park, but you are better off just investing in VDGR.

Much lower fees, probably similar returns.

Set and forget.

 

I really like Sixpark’s portfolio but would choose Vanguard as I know they’ll be around long term. The SANF in this regard is not there for me with Sixpark.

 

VDGR

Vanguard Australian Shares Index Fund (Wholesale) 27.6%
Vanguard Global Aggregate Bond Index Fund (Hedged) 21.0%
Vanguard International Shares Index Fund (Wholesale) 20.5%
Vanguard International Shares Index Fund (Hedged) - AUD Class (Wholesale) 12.7%
Vanguard Australian Fixed Interest Index Fund (Wholesale) 9.0%
Vanguard International Small Companies Index Fund (Wholesale) 5.1%
Vanguard Emerging Markets Shares Index Fund (Wholesale) 4.1%
Total 100.0%

VDHG

Vanguard Australian Shares Index Fund (Wholesale) 35.6%
Vanguard International Shares Index Fund (Wholesale) 26.7%
Vanguard International Shares Index Fund (Hedged) - AUD Class (Wholesale) 16.3%
Vanguard Global Aggregate Bond Index Fund (Hedged) 7.1%
Vanguard International Small Companies Index Fund (Wholesale) 6.6%
Vanguard Emerging Markets Shares Index Fund (Wholesale) 4.8%
Vanguard Australian Fixed Interest Index Fund (Wholesale) 2.9%
Total 100.0%

 

Very different products ; one is an AMIT fund the other CHESS ETF holdings. One you are subject to rebalance as manager chooses, and their change of strategic asset allocation. The other will allow you to lock the SAA and choose when and how rebalance takes place. SixPark will generate better quality distributions I’d wager.

Agree SixPark long term viability in question, Vanguards is not. Worst case that SixPark folds and causes an inconvenience - these are your CHESS holdings and no tax event when you move broker if need be (note SixPark uses another broker to execute trades, you can leave as is)

One could make a case either way.

 

Hi Guys, Thank you for great information. By looking at the info you provided Vanguards ETFs seems to be a safe investment the long run.
The reason I thought about Sixpack and Stockspot is that they seem to have a solution for investing on behalf of miners. (66% tax rate otherwise?)
If you'd buy an ETF on behalf of a miner, what's the way you'd go about?

 

Great points and given our private discussions I should have been more aware of those points. As stated I feel Sixparks asset allocation is superior to Vanguard. Given the points raised about ownership / rebalancing that as you say does mean a case could be made either way.

 

Growth funds like VGS? How about AFIC and DSSP?