Creating a SIPP HYP - input welcome
Posted: June 14th, 2023, 4:36 pm
Hi everyone
I've recently (within the last 12 months) retired and in the process of consolidating some Personal pensions into a SIPP wrapper.
The following is what I have determined as an initial kick off portfolio, all are members of the FTSE 100 and all have a Yield greater than the current FTSE 100 yield of 3.5% (FTSE Yield source is Stockopedia as of today).
I have some duplicated sectors but no more than 2 in each Industry Group.
The initial yield on this is calculated in HYPTUSS as around 7.57% which seems to be good.
Where HYPTUSS was unable to provide yield information I have determined the values from Stockopedia and entered manually.
I intend to reinvest dividends whenever they total more than £1000 based on the output from HYPTUSS
Does this seem like a sensible starting point?
All input / views / comments welcomed and appreciated.
If this is in the wrong place please let me know where I should post it
Many thanks
Femi
I've recently (within the last 12 months) retired and in the process of consolidating some Personal pensions into a SIPP wrapper.
The following is what I have determined as an initial kick off portfolio, all are members of the FTSE 100 and all have a Yield greater than the current FTSE 100 yield of 3.5% (FTSE Yield source is Stockopedia as of today).
Value Div Fcst
Share Epic Sector %Total %Total Yield
Vodafone Group VOD Mobile Telecommunications 6.66% 9.32% 10.60%
M and G MNG Financial Services 6.66% 8.53% 9.70%
Taylor Wimpey TW Household Goods & Home Construction 6.66% 7.48% 8.50%
Phoenix Group Holdings (DI) PHNX Life Insurance 6.67% 8.10% 9.20%
Legal and General Group LGEN Life Insurance 6.66% 7.21% 8.20%
Kingfisher KGF General Retailers 6.66% 4.57% 5.20%
National Grid NG Multiutilities. 6.66% 4.75% 5.40%
British American Tobacco BATS Tobacco 6.67% 7.49% 8.50%
Glencore GLEN Mining. 6.67% 7.87% 8.93%
Smith (DS) SMDS General Industrials 6.66% 4.22% 4.80%
Aviva AV Life Insurance 6.67% 6.78% 7.70%
Imperial Brands IMB Tobacco 6.67% 7.13% 8.10%
NatWest Group NWG Banks 6.67% 6.24% 7.09%
HSBC Holdings HSBA Banks 6.67% 3.70% 4.20%
Rio Tinto RIO Mining. 6.68% 6.61% 7.50%
Portfolio Running Yield = 7.57%
Value Div
Sector %Total %Total
Mobile Telecommunications 6.66% 9.32%
Financial Services 6.66% 8.53%
Household Goods & Home Construction 6.66% 7.48%
Life Insurance 20.00% 22.09%
General Retailers 6.66% 4.57%
Multiutilities. 6.66% 4.75%
Tobacco 13.34% 14.62%
Mining. 13.35% 14.48%
General Industrials 6.66% 4.22%
Banks 13.34% 9.94%
Total 100.00% 100.00%
Note: 1...'Value %Total' is the portfolio value of the share as a % of the total portfolio
2...'Div %Total' is the expected dividend of the share based on forecast yield
as a % of the total portfolio expected dividend
I have some duplicated sectors but no more than 2 in each Industry Group.
The initial yield on this is calculated in HYPTUSS as around 7.57% which seems to be good.
Where HYPTUSS was unable to provide yield information I have determined the values from Stockopedia and entered manually.
I intend to reinvest dividends whenever they total more than £1000 based on the output from HYPTUSS
Does this seem like a sensible starting point?
All input / views / comments welcomed and appreciated.
If this is in the wrong place please let me know where I should post it
Many thanks
Femi