Search found 111 matches

by StOmer
September 16th, 2019, 8:46 am
Forum: Investment Trusts and Unit Trusts
Topic: Discretionary Trust >Investment Trusts.
Replies: 23
Views: 2120

Re: Discretionary Trust >Investment Trusts.

As a guide, a broker such as Hargreaves Lansdown 0.365% per year for ongoing advice and 0% per year for Investment Trusts held in their Fund & Share Account. Their initial advice fee after a free consultation is 1%. I appreciate your situation is a little different but perhaps those fees will gi...
by StOmer
September 7th, 2019, 12:38 pm
Forum: Investment Trusts and Unit Trusts
Topic: Lowland (LWI) share price decline
Replies: 16
Views: 2662

Re: Lowland (LWI) share price decline

LWDB is a conviction hold for me due to its additional income streams from the professional services business. My remarks above about the UK hold as the trust is 76.9% UK. It's performed better than LWI in my portfolio. Law Debenture was one of three IT's our broker bought a long time ago but we no...
by StOmer
September 7th, 2019, 12:36 pm
Forum: Investment Trusts and Unit Trusts
Topic: Lowland (LWI) share price decline
Replies: 16
Views: 2662

Re: Lowland (LWI) share price decline

I own the other ugly sister - Law Debenture - and it seems like time to ditch it. LWDB is a conviction hold for me due to its additional income streams from the professional services business. My remarks above about the UK hold as the trust is 76.9% UK. It's performed better than LWI in my portfoli...
by StOmer
September 2nd, 2019, 8:37 am
Forum: Investment Trusts and Unit Trusts
Topic: Personal Assets v Capital Gearing v RICA?
Replies: 140
Views: 12256

Re: Personal Assets v Capital Gearing v RICA?

I have created a spreadsheet of the underlying holdings geographic spread of investments and the cash element within the individual investments is 3.3% which is not a huge amount to play with. I have no idea if this is a typical value. If you need updates for this then the Monthly Information Relea...
by StOmer
August 27th, 2019, 11:25 pm
Forum: Investment Trusts and Unit Trusts
Topic: Personal Assets v Capital Gearing v RICA?
Replies: 140
Views: 12256

Re: Personal Assets v Capital Gearing v RICA?

Interesting discussion about a likely recession this afternoon on CNBC, the charts used went back to the 1700's showing we've been fairly calm comparatively since around 1850. Current conditions suggest a recession within 12 months or less but twice in recent years the same signals were wrong. Most ...
by StOmer
August 17th, 2019, 8:07 pm
Forum: Investment Trusts and Unit Trusts
Topic: Personal Assets v Capital Gearing v RICA?
Replies: 140
Views: 12256

Re: Personal Assets v Capital Gearing v RICA?

Stock name % Weight Sector 1 CAPITAL GEARING TRUST 33.5% [N/A] 2 PERSONAL ASSETS TRUST 12.9% [N/A] 3 Fundsmith Equity Class I 12.6% Global 4 RUFFER INVESTMENT CO 12.5% [N/A] 5 Lindsell Train Global Equity Class D 12.2% Global 6 SCOTTISH AMERICAN INVESTMENT CO 6.0% [N/A] 7 MID WYND INTL INVESTMENT T...
by StOmer
August 13th, 2019, 9:20 pm
Forum: Investment Trusts and Unit Trusts
Topic: Mid Wynd International.
Replies: 12
Views: 1541

Re: Mid Wynd International.

Presumably if the intention is a long term buy and hold, timing shouldn't be a big deal? The premium at the moment seems OK but every day seems a coin toss on whether the markets (US in particular) will be up 2% or down 2%! We often see it written that the discount/premium/spread is not relevant fo...
by StOmer
August 13th, 2019, 1:55 pm
Forum: Passive Investing
Topic: ETF suggestions
Replies: 6
Views: 2512

Re: ETF suggestions

@Hariseldon58 Thank you for that, I will spend some time going through those suggestions. Much appreciated.
by StOmer
August 13th, 2019, 8:52 am
Forum: Investment Trusts and Unit Trusts
Topic: Mid Wynd International.
Replies: 12
Views: 1541

Re: Mid Wynd International.

I lurk on another forum and Simon Edelstein (one of the managers) showed up on a thread.I believe he has £5M of his own money in the trust (he wasn't crass enough to say this, it was in an article I read). Point being I gravitate towards investments where the people running it have "skin in th...
by StOmer
August 13th, 2019, 8:45 am
Forum: Investment Trusts and Unit Trusts
Topic: Mid Wynd International.
Replies: 12
Views: 1541

Re: Mid Wynd International.

richfool wrote:I particularly like the way MWY targets certain themes, (from the MWY fact sheet)

They also review those themes and change them from time time, eg. recently scrapping the retireee spending power theme.
by StOmer
August 12th, 2019, 1:40 pm
Forum: Passive Investing
Topic: ETF suggestions
Replies: 6
Views: 2512

Re: ETF suggestions

Have you tried the archives on the monevator blog? Thanks for that, yes I have looked at that site often but have never been particularly convinced by it. Some posts are good reads with excellent comments but often it appears a bit wooly, for example, one page on passives, offers me some 100 differ...
by StOmer
August 12th, 2019, 11:08 am
Forum: Passive Investing
Topic: ETF suggestions
Replies: 6
Views: 2512

ETF suggestions

Hi, Due to platform charges for OEICS my portfolio holds Investment Trusts (IT's) with the annual charge at £0 and dealing fees of £11.95 plus stamp duty. Currently, the discounts on IT's are very low and to me, this adds to current market risks. I am thinking perhaps ETF's may be a better choice fo...
by StOmer
August 8th, 2019, 10:16 pm
Forum: Passive Investing
Topic: ETF and Currency Effects - (USD & GBP) VWRL
Replies: 3
Views: 2185

Re: ETF and Currency Effects - (USD & GBP) VWRL

I've been looking at ETF's recently and found the justetf site a pretty good resource. I still haven't got my head around them completely but I'm thinking they could be a good option if I need to avoid stamp duty charges during current volatility and very tight discounts on Investment Trusts. I've m...
by StOmer
July 31st, 2019, 2:10 pm
Forum: Investment Trusts and Unit Trusts
Topic: Money Obersver IT Portfolios
Replies: 8
Views: 2898

Re: Money Obersver IT Portfolios

IIUC it looks like they replaced Pantheon with Princess. Does anyone know the reason?

Not yet, I hear the magazine may have more details but as yet it is not in our local shop. I'm interested in the reason as I sold Pantheon a couple of weeks back myself.
by StOmer
July 29th, 2019, 10:05 am
Forum: Investment Trusts and Unit Trusts
Topic: Money Obersver IT Portfolios
Replies: 8
Views: 2898

Money Obersver IT Portfolios

Money Observer has posted an article covering their latest Conservative and Adventurous Investment Trust picks. https://www.moneyobserver.com/annual-review-our-10-adventurous-investment-trust-tips https://www.moneyobserver.com/annual-review-our-10-conservative-investment-trust-tips These are always ...
by StOmer
July 21st, 2019, 10:20 am
Forum: Investment Trusts and Unit Trusts
Topic: Adding an IT portfolio to a HYP - suggestions
Replies: 22
Views: 3603

Re: Adding an IT portfolio to a HYP - suggestions

Perhaps sign up to http://www.johnbaronportfolios.co.uk/ and take a look at the Income portfolio (Autumn), you can get a week's free trial which should help, the annual charge is £170 which he may not wish to pay. Alternatively, once a month Investors Chronicle updates the John Baron Winter & Su...
by StOmer
July 7th, 2019, 3:45 pm
Forum: Investment Trusts and Unit Trusts
Topic: Seneca Global Income & Growth Trust
Replies: 10
Views: 2311

Re: Seneca Global Income & Growth Trust

I hear good things about Miton Global Opportunities which is also in the flexible sector and it has an oddly low FE rating but I suspect it would utterly tank in a stress situation. Liked by Money Observer who gave it an award last year I believe. Tends to hold discount opportunities in the IT world.
by StOmer
July 7th, 2019, 9:23 am
Forum: Investment Trusts and Unit Trusts
Topic: Seneca Global Income & Growth Trust
Replies: 10
Views: 2311

Re: Seneca Global Income & Growth Trust

I can't help too much but I believe they were previously known as Midas when I lost a pile of money in two of their supposedly more cautious holdings. Liverpool based iirc, they bought into Woodford Patient Capital not long before it blew up. I have read many good things about the new company and th...
by StOmer
July 2nd, 2019, 10:21 am
Forum: Investment Trusts and Unit Trusts
Topic: Star fund manager forms own fund management company
Replies: 3
Views: 2342

Re: Star fund manager forms own fund management company

A little disturbing as last week he was saying that he intended to stay with Jupiter for 5 years after leaving the OEIC version of the European Opportunities IT. Now he is hoping the board will move the IT to his new company. I imagine that he has already agreed on this with the board of Jupiter Eur...
by StOmer
June 24th, 2019, 2:58 pm
Forum: Investment Trusts and Unit Trusts
Topic: amati response to the woodford problem
Replies: 6
Views: 2858

Re: amati response to the woodford problem

As I understand it, the agreement for HL to be notified, by Woodford, of any breach of the 'unquoted' level, only applied to the month-end data. As such there were no reported breaches of their agreement.

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