Search found 92 matches

by everhopeful
November 20th, 2019, 3:15 pm
Forum: Investment Trusts and Unit Trusts
Topic: Buy Sell difference
Replies: 11
Views: 721

Re: Buy Sell difference

There was an article in the FT on Saturday about ITs with substantial family ownership. Hansa was included as the Salomon family are major shareholders and are a part of the Board. Ocean Wilson holdings is a Brazilian infrastructure business and at 25% of the portfolio has a major impact on performa...
by everhopeful
November 6th, 2019, 4:41 pm
Forum: Investment Trusts and Unit Trusts
Topic: OEICs to IT's
Replies: 12
Views: 1246

Re: OEICs to IT's

There are ITs which invest in corporate debt and would perhaps be similar to your M&G Strategic bond fund. I hold Invesco Enhanced Income and Henderson Diversified. There are also ITs which hold fixed interest along with equities such as Shires Income. The AIC website will give information by lo...
by everhopeful
September 27th, 2019, 4:35 pm
Forum: Investment Trusts and Unit Trusts
Topic: Basket of Eight: 2019 review
Replies: 32
Views: 5037

Re: Basket of Eight: 2019 review

I have rather lost the thread in this thread. David's suggestion of using the AIC tools was in response to Luniversal's designation of the Basket of Eight as a bill paying portfolio for the apathetic and ignorant. The Income tools on the AIC site are entirely suited to this type of exercise and can ...
by everhopeful
September 24th, 2019, 4:33 pm
Forum: Gilts and Bonds
Topic: Santander for Aviva refugees
Replies: 25
Views: 3781

Re: PIBs etc | Manchester Building Society + Santander + Aviva

There are no coupons being paid by these PIBs due to the shortfall in CET1 capital so the only value is in the potential for redemption at a price higher than their current value perhaps at par. Your post GS implies that this redemption might occur in 10 years as the Society winds down. Is this an a...
by everhopeful
September 6th, 2019, 1:25 pm
Forum: Investment Trusts and Unit Trusts
Topic: Proportion of portfolio in Investment Trusts
Replies: 55
Views: 5178

Re: Proportion of portfolio in Investment Trusts

If you want to have a broad spread of global equities via ITs a few trusts would cover it. If you want to diversify away from that via property, infrastructure, fixed interest, credit, individual country exposure, private equity etc. you would need to have a much larger number. The AIC has in excess...
by everhopeful
August 19th, 2019, 1:37 pm
Forum: High Yield Shares & Strategies - general
Topic: High Yield Investment Trusts - AIC Sector and Yield table (August 2019)
Replies: 2
Views: 2971

Re: High Yield Investment Trusts - AIC Sector and Yield table (August 2019)

Thanks for that. I find if I deselect All sectors I get no results but if I chose a sector it works well for me but only with that sector of course. For example I can look at all those ITs yielding more than 5% in the UK Equity Income Sector of which there are seven. I also have to reduce the page s...
by everhopeful
August 19th, 2019, 8:53 am
Forum: Investment Trusts and Unit Trusts
Topic: Making a start in ITs
Replies: 5
Views: 3132

Re: Making a start in ITs

The Investment Trust Handbook has all you are likely to need. There was a link to it for a free download in a post. If you put Investment Trust Handbook in to the search box at the top right of the screen you will find the link in one of the posts the search brings up. viewtopic.php?f=54&t=8337&...
by everhopeful
August 14th, 2019, 5:26 pm
Forum: Investment Trusts and Unit Trusts
Topic: ITs for cash from bought-out shares
Replies: 24
Views: 7421

Re: ITs for cash from bought-out shares

I never quite understand the enthusiasm for MCT. It has given a capital return of about half its benchmark over the last five years. Blackrock North American Income has done much better and has beaten its benchmark.
by everhopeful
August 7th, 2019, 2:42 pm
Forum: Investment Trusts and Unit Trusts
Topic: ZDPs
Replies: 13
Views: 3088

Re: ZDPs

I have read the Telegraph for many years and used to take its financial comments quite seriously back in 2000. As a result I put a small legacy which my wife received into Aberdeen ZDPs. It was wiped out and I do not think my wife has ever believed I know what I am doing ever since despite successfu...
by everhopeful
July 25th, 2019, 2:33 pm
Forum: Gilts and Bonds
Topic: Urban Exposure 6.5% Bonds
Replies: 3
Views: 3610

Re: Urban Exposure 6.5% Bonds

Negative views on the Fixed Income Investor site. Company is felt to be too small, loss making and the bonds are likely to be illiquid. I am not tempted.
by everhopeful
July 17th, 2019, 4:30 pm
Forum: Investment Strategies
Topic: How to increase defensiveness of IT portfolio
Replies: 61
Views: 11025

Re: How to increase defensiveness of IT portfolio

Surely downward pressure on bond yields is a positive for bond prices and a reason to continue to hold fixed interest.
by everhopeful
July 4th, 2019, 2:04 pm
Forum: Investment Strategies
Topic: What return are you targeting?
Replies: 91
Views: 9244

Re: What return are you targeting?

The key to your desire is to avoid fixed interest securities, where you will get no growth in income and your capital can be expected to lag inflation. TJH It is a not sensible to rule out fixed interest completely. It depends where we are in the cycle. I agree most fixed interest is expensive at t...
by everhopeful
July 4th, 2019, 11:24 am
Forum: Investment Strategies
Topic: What return are you targeting?
Replies: 91
Views: 9244

Re: What return are you targeting?

I’m targeting initial income of 5% from my collection of Investment Trusts, rising with inflation thereafter. I'm pretty much with Mickey, but would add that I'd like to avoid capital depreciation and ideally see modest growth. The key to your desire is to avoid fixed interest securities, where you...
by everhopeful
June 18th, 2019, 8:57 am
Forum: Gilts and Bonds
Topic: RAVP
Replies: 112
Views: 6447

Re: RAVP

If any investor cannot understand a company's accounts, they should not invest in that company. That is a basic of investing that most investors abide by. A person should certainly not be expressing an opinion of the merits or not of investing in any company they do not understand, because they are...
by everhopeful
June 17th, 2019, 1:47 pm
Forum: Gilts and Bonds
Topic: Possible new retail bond from IPF?
Replies: 24
Views: 2149

Re: Possible new retail bond from IPF?

Barclays are still showing my 2020 holding unchanged despite electing to exchange for the new ones. Has anybody received the 2023 bonds yet?
by everhopeful
June 12th, 2019, 3:23 pm
Forum: Gilts and Bonds
Topic: RAVP
Replies: 112
Views: 6447

Re: RAVP

Last straw for me. I have sold mine at 1.33 which is 7% more than I bought them for and I have enjoyed the income over several years. I will put the proceeds in to NWBD and sleep more easily.
by everhopeful
June 10th, 2019, 3:57 pm
Forum: Investment Trusts and Unit Trusts
Topic: Chelverton UK Dividend
Replies: 9
Views: 4818

Re: Chelverton UK Dividend

Thank you for the comments. The split capital structure is perhaps a negative particularly to someone who remembers well the Aberdeen fiasco some years back although the company website does reassure somewhat (but it would wouldn't it). The recent poor capital performance was in a way why I was attr...
by everhopeful
June 5th, 2019, 11:33 am
Forum: Gilts and Bonds
Topic: Bond market worries
Replies: 14
Views: 5893

Re: Bond market worries

Why?.
by everhopeful
June 4th, 2019, 9:32 am
Forum: Investment Trusts and Unit Trusts
Topic: Chelverton UK Dividend
Replies: 9
Views: 4818

Chelverton UK Dividend

The Telegraph had an article on Saturday about cheap Investment Trusts as defined by unusually wide discounts to NAV. I keep an eye on the Z scores as listed periodically on Citywire and although a higher than usual discount is not necessarily a reason to buy a trust it may point up an opportunity t...
by everhopeful
May 29th, 2019, 1:00 pm
Forum: Gilts and Bonds
Topic: RAVP
Replies: 112
Views: 6447

Re: RAVP

I have held these for some time and have enjoyed the income. The important semantics which GS highlights do not detract from the points that Kenny makes about the relative safety of these from forced redemption as compared to some other prefs. The risk seems to me to be much more geopolitical but fo...

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