Here's how smart investors allocate their £20,000 Stocks and Shares ISA allowance

Here's how smart investors allocate their £20,000 Stocks and Shares ISA allowance outlines a two-part strategy balancing core holdings and satellites. Core holdings emphasize reliable dividend payers, diversified funds, and investment trusts, while satellites target faster-growing shares for upside. Notable core examples include AstraZeneca, Unilever, HSBC, and National Grid, with Applied Nutrition (APN) highlighted as a growth satellite after a 133.4% rise since June 2025. APN’s $16m acquisition of Nutrablend Group is expected to lift revenue to about $30m by 2027. The piece notes a bullish view despite rich valuations, citing a 322p target for APN.