IanTHughes wrote:Arborbridge wrote:IanTHughes wrote:Well, all you need to do is provide whatever benchmark you believe should be used and make the comparison.
Personally I compare it with various Investment Trusts as well as a portfolio of Investment Trusts. So far the HYP is doing rather better - well ahead in income terms and about level on capital terms
Can you explain how to do that? I've been through the update thread, but I can't find any mention of unit prices or income per unit, XIRR, or any clear way in which I could lift something from your reports and chart them against any other instrument.
I expect I'm just looking in the wrong place as no doubt you have done comparisons yourself. Did I see some graphs somewhere?
This is the HYP Practical board so of course there is no mention of Investment Trusts, or anything else rather than HYP for that matter. No, I keep my own records, which are not broadcast.
To be honest, the portfolio of ITs is only measured against the "Drawdown" version of this virtual portfolio, measuring against this "ReInvest" version would be too much work, which is therefore simply compared with The City of London Investment Trust plc (CTY). It is very easy, simply create a spreadsheet that contains CTY purchases with the same dates and amounts that were used to set up this HYP and, every time a CTY dividend is gathered, make an appropriate purchase. That is what I do anyway.
As I said, in comparison to CTY, the HYP is more than holding its own!
With regard to other "benchmark"s to compare this portfolio to, I would suggest that for every 10 interested posters on here, we might end up with 15 different benchmarks, which is far too much for one person to keep records for! if anyone wants a benchmark they can easily do it themselves, and of course report it on these boards if they see fit
However, if you want me to produce details of "Accumulation" or "Dividend" units just ask. I of course have the data required, although cash amounts will do just as well.
Ian
Well, all you need to do is provide whatever benchmark you believe should be used and make the comparison.
The upshot of your post is that it isn't easy to do in the way you initially suggested to Wizard. Mainly because you are not providing figures in the right way. If you published a set of unitised prices as TJH does, then I'd agree "all you need to do" would be a valid suggestion. As it is, your data is not in a state where it can be compared.
Arb.