Question: I am heavily weighted in the Australian market ($1.5 million), and feel I should be in some global stocks as well but don’t know much about it. So my thought was to place $200,000 in each of Magellan Global Equities Fund, Platinum International Fund, and maybe Platinum Healthcare fund, because I have $600,000 spare from the sale of a property.
Any thoughts you have for me to chew over, or can you steer me in a direction to do more research?
Answer (by Paul Rickard): I think your plan is a good starting point.
I think you want some manager diversification, so selecting both Magellan and Platinum is a good idea. Other managers you could look at include K2, PM Capital and Aberdeen.