The UK market

[Dod101]

I am primarily an income investor as most who read any of my posts will know. Nowadays though I hold a mixture of income and growth shares and similar ITs. I am very pleased to note that capitalwise my portfolio is at its all time high, exactly where it was in mid January 2020, just pre the first pandemic lockdown. It looks as though I will not be too far short of restoring the income for this year to pre pandemic levels as well. To be fair I reinvested a few dividends last year when we were all spending very little but even so the numbers are encouraging.

Presumably most are in a similar position?

Dod

[MaraMan]

I too am at all time high in capital terms, about 15% up compared to pre-covid Jan 20. Income is down a bit but I have moved to an TR shaving model for my "income" needs as a retiree.

The only real dog remaining in my kennel is BP, down about 40% (ouch), but I probably wrongly feel that this has been over sold.

Much of the growth has come from Scot Mort, Monks, Amazon and Sylvania Platinum. Have had a few more moribund income ITs such as CIty of London, CQS High Yield and a FTSE 100 tracker, although they are returning into the black.

New investments have included Blackrock World Mining Trust, Pacific Horizons IT, Baillie Gifford China Growth and Bankers IT.


MM

[Itsallaguess]

:O)

Itsallaguess

[Dod101]

My new shares were 3i Infrastructure and Baillie Gifford China Growth, both bought from taking some profits on Scottish Mortgage. Both have done fine but not spectacularly well. SMT has almost single handedly done it for me.

HSBC, Shell and Imperial Brands are my laggards capitalwise. All three were once stalwarts.

Provided we avoid any more lockdowns I think the market will be fine but what do I know?

Dod

[Spet0789]

I have just checked. Stripping out the value of new money added over the last 9 months, I am indeed around the all time portfolio high.

Dogs remaining in the kennel - Shell (about 30% loss), Petrofac (deep underwater).

Dogs euthanised - Lloyds (sold at a small loss and swapped for JP Morgan Asian Growth and Income), Merchants Trust (sold at breakeven and swapped for Murray International).

Pedigree pooches added with new money and doing nicely - Law Debenture, Unilever, M&G, SSE.

RVF

My wife holds both Merchants Trust and Murray International. She hasn’t touched either… I think you would have been better off sticking with Merchants Trust as it’s come back very nicely.

[Newroad]

Hi Dod.

As you may or may not recall, I only track target portfolios (three No.) - my actual ones are close to them and rebalance each month tracking them as closely as practical, but not identical. Further, I reinvest all dividends. Finally, I only record the end of month figures for the target portfolios.

The three target portfolio's, from end of Dec 2019 (which is higher than end of Jan 2020 for them, so makes the gains appear smaller) to end of May 2021 are respectively around

ISA: +10%
SIPP: +15%
JISA's: +14%

The key underpinning of the differences is that the first contains HDIV (as the active bond option) whereas the second contained IPE (now BIPS) and the third contained CMHY (also now BIPS).

Not sure if that helps - I hope it does at some level.

Regards, Newroad

[tjh290633]

I am very pleased to note that capitalwise my portfolio is at its all time high, exactly where it was in mid January 2020, just pre the first pandemic lockdown. It looks as though I will not be too far short of restoring the income for this year to pre pandemic levels as well. To be fair I reinvested a few dividends last year when we were all spending very little but even so the numbers are encouraging.

Presumably most are in a similar position?

Dod

You are not alone, Dod. Income expected to be 22% higher than 2020-21, but that was 32% below 2019-20. Dividends/income unit are currently at a maximum of 34.27p.

Accumulation units at an all time high of £31.09. Income units at £6.42, nearly at the May 2017 level of £6.52.

TJH

[Urbandreamer]

Overall my portfolio has done quite well in capital terms, which is what I track.
It's run as a growth and income portfolio, but dividends are currently reinvested.

During the initial pandemic I saw a 40% fall in it's value. Something to consider as I am approaching retirement. However it recovered and has gone on to show an overall gain of 25% since Feb 2020.

The current estimated portfolio yield is 2.99%, down from 3.5% then. However I regard that as fairly meaningless given, my investment methodology, the fact that I'm still adding money to the portfolio and the capital growth seen. For example the actual estimated income is up £600, despite the yield being down.

Given the title of the thread I should point out that many of the investments that I hold, ie Scottish Mortgage, predominantly invest outside the UK despite being UK listed. Some more so than others, ie Pacific Horizon (PHI) or Henderson Far East Income (HFEL). Even many of the UK listed companies that I invest in seem to have more money at work overseas than in the UK.

[Dod101]

Overall my portfolio has done quite well in capital terms, which is what I track.
It's run as a growth and income portfolio, but dividends are currently reinvested.

During the initial pandemic I saw a 40% fall in it's value. Something to consider as I am approaching retirement. However it recovered and has gone on to show an overall gain of 25% since Feb 2020.

The current estimated portfolio yield is 2.99%, down from 3.5% then. However I regard that as fairly meaningless given, my investment methodology, the fact that I'm still adding money to the portfolio and the capital growth seen. For example the actual estimated income is up £600, despite the yield being down.

Given the title of the thread I should point out that many of the investments that I hold, ie Scottish Mortgage, predominantly invest outside the UK despite being UK listed. Some more so than others, ie Pacific Horizon (PHI) or Henderson Far East Income (HFEL). Even many of the UK listed companies that I invest in seem to have more money at work overseas than in the UK.

I was taking my portfolio which is invested in UK shares. As you say, it reflects a lot of overseas earnings of course but I was really just being quite simplistic. Interesting and it looks as if we are all reflecting the way the market has gone up in the last few months which I guess is not really surprising.

Dod

[1nvest]

More usually the UK, being a major accounting, law, financial global hub, is aligned to world excluding US, but where Brexit induced a lag ... however where more recently, 2021 year to date, could be seeing the start of that gap being closed down (+10% versus +15%).

[EssDeeAitch]

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