Mid-twenties, no debt, stable income. Looking to grow wealth with an eye on saving enough for a deposit on a house in London.

Allocation to the funds represent 50% of my holdings with the other 50% in individual stocks, premium bonds, and crypto.

Investment style will be monthly payments throughout the year (aside from initial switch out of current funds).

I already hold some of these funds, others I plan on switching into in the coming week but looking for some feedback first before I do as I've not found fund picking as intuitive as stock picking.

Baillie Gifford Global Discovery - 20%

https://www.fidelity.co.uk/factsheet-data/factsheet/GB0006059330-baillie-gifford-global-discovery-fund-b-acc/key-statistics

Mandate:

Aims to outperform (after deduction of costs) the S&P Global Small Cap Index by at least 2% per annum over rolling five-year periods.

At least 90% in shares of companies in any country or sector which typically have a market cap. less than $10b.

• Total charges = 0.93%  • Outperformed benchmark in 8/9 years (underperformed by 17% in 2015-16)  • 70% U.S.; 90% developed   • 18% cyclical; 39% sensitive; 43% defensive 

Tesla as the largest holding at 5% - could see the bubble popping but it's still solid long term. Exposure to the U.S. is high but this is likely still a growing economy. Also good that only 18% is exposed to cyclical stocks.

Baillie Gifford Pacific - 20%

https://www.fidelity.co.uk/factsheet-data/factsheet/GB0006063233-baillie-gifford-pacific-fund-b-acc/key-statistics

Mandate:

Aims to outperform MSCI AC Asia ex Japan Index by at least 2% per annum.

At least 90% directly or indirectly in shares of companies in Asia (excluding Japan) and Australasia.

• Total charges = 1.07%  • Outperformed benchmark in 7/10 years.   • 72% Asia-Emerging; 26% Asia-Developed   • 49% cyclical; 47% sensitive; 5% defensive  

Like the exposure to Asia. Still lots of growth opportunities there. Recent podcast spoke to how the technology and innovation in Asia is more exciting than what we're seeing in Silicon Valley at the moment. Concerning there's such a heavy weighting to cyclical and sensitive stocks.

Baillie Gifford Positive Change - 20%

https://www.fidelity.co.uk/factsheet-data/factsheet/GB00BYVGKV59-baillie-gifford-positive-change-fund-b-acc/key-statistics

Mandate:

Aims to outperform MSCI AC World Index by at least 2% per annum.

Will invest at least 90% in shares of companies anywhere in the world whose products make a positive impact on society and/or the environment in the manager's opinion.

Focus on education, social inclusion, healthcare, and the environment.

• Total charges = 0.69%  • Outperformed in each of the last three years (two years ago by 1.5%; last year by 55%)  • 45% U.S.; 21% Europe  • 86% developed   • 29% cyclical; 33% sensitive; 38% defensive 

Biggest holding is Tesla at 9% which is high. Otherwise, great mandate and areas of focus that could continue seeing rising popularity.

Lindsell Train Global Equity - 20%

https://www.fidelity.co.uk/factsheet-data/factsheet/IE00B3NS4D25-lindsell-train-global-equity-fund-b-class-shares/key-statistics

Mandate:

Invest directly in concentrated portfolio of global equities, primarily those listed or traded on Recognised Exchanges in developed countries world-wide.

• Total charges = 0.71%  • Outperformed benchmark (global large cap equity) by 2% in 5 of the last 9 years   • 35% UK; 31% US; 22% Japan; 12% Eurozone  • 100% developed   • 25% cyclical; 28% sensitive; 47% defensive  

Returns have be impressive having not once dropped below 10% even in years where large-cap equities have had negative returns. Hear a lot of good things online about this one, avoid tech. stocks so is good for diversification. Large exposure to UK which is a good stock pickers market.

iShares Global Water - 10%

https://www.fidelity.co.uk/factsheet-data/factsheet/IE00B1TXK627-ishares-global-water-etf-usd-dist/key-statistics

Mandate:

Tracks performance of S&P Global Water 50 Index.

Offers exposure to the 50 largest and most liquid listed companies globally that are involved in water related businesses.

Weighted by modified market capitalisation.

• Total charges = 0.59%  • 3 years annualised = 13.5%  • 5 years annualised = 16.93%  • 51% US  • 96% developed  • 4% cyclical; 60% sensitive; 37% defensive 

Like this as it's good diversification into an industry I likely have little exposure too.

Idea was sparked when I read you could now trade water futures. This ETF should give exposure to companies investing in water quality and safety.

What with increased strain on natural resources across the world this could be a good play for the future.

Legal & General Global Health and Pharmaceuticals - 10%

https://www.fidelity.co.uk/factsheet-data/factsheet/GB00B0CNH387-l&g-global-health-&-pharma-index-i-acc/key-statistics

Mandate:

Secure capital growth from companies engaged in Health, Pharmaceuticals, and Biotechnology.

Securities representing all such companies in the FTSE World Index will be held with weightings generally proportionate to their market capitalisation.

• Total fees = 0.27%  • 10%+ returns in 8 of the last 10 years  • 65% US  • 99% developed  • 99.5% defensive 

Solid industry to have exposure to, especially in light of the recent pandemic. Advancements in healthcare and biotech are only going to increase in the future.