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ATT - My first 'bagger'

Closed-end funds and OEICs
OLTB
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ATT - My first 'bagger'

#361845

Postby OLTB » December 1st, 2020, 3:55 pm

Afternoon all

Just noted down my monthly SIPP review and have seen that Allianz Technology Trust (ATT) has 'bagged'. My first puchase was in Sept 2017 with a few more top-ups the followign months. Trimmed a little in Jan 2019 and now the value is just over 100% of contributions paid.

Since I started taking control of my pension investments in 2016, this is the first one that's value exceeds purchase price by 100% and hopefully not the last. I was hoping one of my choices would, but didnt think the first would be an IT - I thought a single stock would have more potential given the widespread nature of an IT.

Cheers, OLTB.

OLTB
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Re: ATT - My first 'bagger'

#364124

Postby OLTB » December 8th, 2020, 4:04 pm

Afternoon all - hot on the heels of ATT now comes Herald Investment Trust (HRI)! First bought in March 2017 at 930.00p and a few more snapped up the following months with a slight pruning in the Summer this year. Now stands at a 104% gain with a 'sell' price of 2,050p.

Again, it's a tech-focussed IT, so I suppose I shouldn't be too surprised - another recommendation from John Baron.

Cheers, OLTB.

DavidM13
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Re: ATT - My first 'bagger'

#364680

Postby DavidM13 » December 10th, 2020, 9:52 am

I just checked when I first got in to SMT. It was 18th March 2020 at 465.26p! That was lower than the lowest it has finished all year. Happy timing!

everhopeful
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Re: ATT - My first 'bagger'

#364800

Postby everhopeful » December 10th, 2020, 2:50 pm

Always nice when they double but hang on in there. My holding if Worldwide Healthcare Trust is now 613% more than I paid for it albeit over a longer time frame.

midgesgalore
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Re: ATT - My first 'bagger'

#364867

Postby midgesgalore » December 10th, 2020, 5:09 pm

DavidM13 wrote:I just checked when I first got in to SMT. It was 18th March 2020 at 465.26p! That was lower than the lowest it has finished all year. Happy timing!


Great luck :lol:

I purchased my SMT on 28/03/2018 at 444.4p!
How do you land on these prices?
I'm not even a golfer :roll:

Ahem - anyway my best IT for baggering is Bailie Gifford USA growth (USA) and it finished trading today at exactly 3x the price I paid at IPO.
I like all round numbers - except "0".

midgesgalore

UncleEbenezer
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Re: ATT - My first 'bagger'

#364907

Postby UncleEbenezer » December 10th, 2020, 8:08 pm

DavidM13 wrote:I just checked when I first got in to SMT. It was 18th March 2020 at 465.26p! That was lower than the lowest it has finished all year. Happy timing!


Oooh, seriously well-timed! Don't tell me: you'd had the money in cash or near-cash for the first half of March?

I think I may be sitting on a bigger gain on SMT than you, but you certainly have the best rate of growth!

DavidM13
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Re: ATT - My first 'bagger'

#365005

Postby DavidM13 » December 11th, 2020, 9:07 am

UncleEbenezer wrote:
DavidM13 wrote:I just checked when I first got in to SMT. It was 18th March 2020 at 465.26p! That was lower than the lowest it has finished all year. Happy timing!


Oooh, seriously well-timed! Don't tell me: you'd had the money in cash or near-cash for the first half of March?

I think I may be sitting on a bigger gain on SMT than you, but you certainly have the best rate of growth!


I was sitting like an unsophisticated non-lemon in the lifestyle funds of my entire pension pot for ages. It is one of those things I kept putting off and putting off sorting as always too busy. The market crash saw that lose "just" 23% and thats when I finally sold all those units, waited a day or two for the funds to be cash and then piled all in at about 11am on 18th March in about 8 geared investment companies. I've spent the last 9 months smoking cigars and gloating to my investment minded friends as I dont have the intraday tools to hand but anecdotally it feels like pretty much the lowest hour of the year :lol:

richfool
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Re: ATT - My first 'bagger'

#447755

Postby richfool » October 4th, 2021, 2:52 pm

Allianz Tech trust - ATT - Top Ten Holdings, as at 30th September:

https://www.investegate.co.uk/allianz-t ... 35169477N/

Eboli
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Re: ATT - My first 'bagger'

#447829

Postby Eboli » October 4th, 2021, 6:18 pm

everhopeful notes:

My holding if Worldwide Healthcare Trust is now 613% more than I paid for it albeit over a longer time frame.


Well done. And hold on! I acquired my first shares in this trust when it was Finsbury Worldwide Pharmaceuticals Trust at 113p as I noted

viewtopic.php?f=54&t=29721&p=418469#p418469

so its a 31 bagger for me. But that acquisition was in 1995 so I suspect, perhaps a lower rate of overall growth. The message must be run with your winners especially if you've taken a bit of profit and assuming you have some idea of the risks.

Eb

AleisterCrowley
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Re: ATT - My first 'bagger'

#447839

Postby AleisterCrowley » October 4th, 2021, 6:58 pm

My only ten-bagger ever is SMT, bought at 133
I'm sure I've mentioned this before, but I had some money to invest in ITs and narrowed it down to two, CTY and SMT
Smallish lump sum in each then a regular monthly investment in the one I fancied most
Can you guess which one I picked for the monthly investment?
:cry:


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