Search found 212 matches

by bluedonkey
November 3rd, 2019, 7:17 pm
Forum: Investment Trusts and Unit Trusts
Topic: Which general IT to choose?
Replies: 52
Views: 3041

Re: Which general IT to choose?

I too bought Murray International (MYI) many years ago on a discount, but today I find the Capital value a little bit below what I paid, even though dividends have been good. I’m not sure I want to pay the MYI fees anymore. I hold a Vanguard emerging markets sovereign debt fund (ticker VEMT) and I’...
by bluedonkey
November 3rd, 2019, 7:14 pm
Forum: Investment Trusts and Unit Trusts
Topic: Which general IT to choose?
Replies: 52
Views: 3041

Re: Which general IT to choose?

Perhaps you missed (or didn't follow) the link to the AIC's website, which is where I copied their definition from! :D Dod's post didn't include a £ figure for revenue reserves, so there's no cross check with his post that can be done. If you look at where you found the figure on the AIC website, h...
by bluedonkey
November 3rd, 2019, 6:25 pm
Forum: Investment Trusts and Unit Trusts
Topic: Which general IT to choose?
Replies: 52
Views: 3041

Re: Which general IT to choose?

It's all a little bit unclear. The dividend cover figure of 0.79 came from the AIC website. This doesn't appear to cross check with either Dod's or mc2fool's definition. I'm stumped. Specials: the dividends paid out by the IT in y/e 31.8.19 are consistent with previous years, allowing for some growt...
by bluedonkey
November 3rd, 2019, 4:02 pm
Forum: Investment Trusts and Unit Trusts
Topic: Which general IT to choose?
Replies: 52
Views: 3041

Re: Which general IT to choose?

bluedonkey That exercise in itself has no doubt helped you refine your thoughts. Given the parameters you have set, from your list I would choose Temple Bar and Murray International. The first gives you exposure to the UK market, but better I think than say City of London, which is a sort of HYP in...
by bluedonkey
November 3rd, 2019, 9:40 am
Forum: Investment Trusts and Unit Trusts
Topic: Which general IT to choose?
Replies: 52
Views: 3041

Re: Which general IT to choose?

I've now had a chance to refine my thoughts for the proposed investment. These are my objectives: YIELD In a few years I will retire and my portfolio will be the main source of retirement income. The absolute level of income it currently provides is not yet sufficient, though the trend is on target....
by bluedonkey
November 2nd, 2019, 10:09 pm
Forum: Investment Trusts and Unit Trusts
Topic: Which general IT to choose?
Replies: 52
Views: 3041

Re: Which general IT to choose?

Thank you all for your replies and for tolerating the vagueness of my query. I'm going to get my objectives clearer and revert to this thread later.
by bluedonkey
November 2nd, 2019, 1:13 pm
Forum: Investment Trusts and Unit Trusts
Topic: Which general IT to choose?
Replies: 52
Views: 3041

Re: Which general IT to choose?

Dod,
You're right, I am "musing" at present, trying to clarify what I do want! Would you pick out any of the list that are at a discount that do indicate potential problems? Mercantile has c.50% in small cap, perhaps that is the reason for the discount.
by bluedonkey
November 2nd, 2019, 12:58 pm
Forum: Investment Trusts and Unit Trusts
Topic: Which general IT to choose?
Replies: 52
Views: 3041

Which general IT to choose?

Currently mulling over which IT to purchase. To help, I prepared a table of a short list. Currently leaning towards Mercantile IT. Your thoughts welcome. Can't bring myself to purchase at a premium, so that excludes three of them, tho' Merchants at +0.9% might sneak in. L=||Prem/Disc||5 yr divi grow...
by bluedonkey
October 24th, 2019, 12:08 pm
Forum: Investment Trusts and Unit Trusts
Topic: Starting an income growth pf
Replies: 21
Views: 2076

Re: Starting an income growth pf

Securities Trust of Scotland is quite a small IT, total assets only £228m. I think Dod has commented on them in the past, he will certainly know more about them than me. The concern is that with such a small asset base, the managers don't bother taking much interest in it.
by bluedonkey
October 22nd, 2019, 1:40 pm
Forum: Investment Trusts and Unit Trusts
Topic: Starting an income growth pf
Replies: 21
Views: 2076

Re: Starting an income growth pf

MYI currently on a premium of 5.4% whereas Alliance Trust has a discount of 4.9%. The latter seems to generally always be on a discount but MYI fluctuates between discount/premium. Aliance has much lower yield but higher dividend growth rate.
by bluedonkey
October 22nd, 2019, 11:45 am
Forum: Investment Trusts and Unit Trusts
Topic: Starting an income growth pf
Replies: 21
Views: 2076

Re: Starting an income growth pf

For diversified international income, Murray International (MYI) is often selected.
by bluedonkey
September 10th, 2019, 12:18 pm
Forum: Investment Trusts and Unit Trusts
Topic: Proportion of portfolio in Investment Trusts
Replies: 55
Views: 4748

Re: Proportion of portfolio in Investment Trusts

Thank you very much for that. I'm going to go out on a limb here and say that looks like the active ITs reverting to mean, i.e. VWRL.
by bluedonkey
September 10th, 2019, 10:03 am
Forum: Investment Trusts and Unit Trusts
Topic: Proportion of portfolio in Investment Trusts
Replies: 55
Views: 4748

Re: Proportion of portfolio in Investment Trusts

I'm torn between going for international generalist ITs like FCIT and Witan - or just having a low cost world tracker such as VWRL. Are you able to include VWRL in your graph?
Cheers.
by bluedonkey
August 13th, 2019, 5:29 pm
Forum: High Yield Shares & Strategies - general
Topic: When to draw down the capital
Replies: 24
Views: 3577

Re: When to draw down the capital

Thank you Alaric for the exec summary! The scenario appears to be ISA + Taxable pot. Sell off the taxable pot to equate to the income that could be drawn from - but is instead accumulated in - the ISA. Where there is ISA + Taxable pot + SIPP, there is a further tax complication in that preserving th...
by bluedonkey
August 12th, 2019, 4:30 pm
Forum: High Yield Shares & Strategies - general
Topic: Sell or not sell
Replies: 84
Views: 5194

Re: Sell or not sell

I have Rentokil (RTO) in my HYP. It was HYP when I bought it in July 2006. It is now yielding about 1%. The dividends are however increasing at 15% per year. For those who do believe in tinkering/trimming, should I? The capital value is about 3.5% of the portfolio.
by bluedonkey
July 27th, 2019, 8:43 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: AstraZeneca: Where Has All the Cash Gone?
Replies: 82
Views: 7117

Re: AstraZeneca: Where Has All the Cash Gone?

In a rare move, I sold out of AZN about 6 months ago at about £56. I didn't, and don't, trust their adjusted eps. Over many years, it consistently flatters the basic eps. Eventually the dividend will have to suffer, so a 3.3% yield doesn't look particularly secure to me.
by bluedonkey
July 8th, 2019, 10:12 am
Forum: Investment Strategies
Topic: The 2 stock portfolio.
Replies: 51
Views: 4733

Re: Two stock portfolio.

Dod101 wrote:And your point?

Dod

It's pastcaring.
by bluedonkey
July 2nd, 2019, 11:09 am
Forum: Investment Strategies
Topic: What return are you targeting?
Replies: 91
Views: 8968

Re: What return are you targeting?

bluedonkey wrote:My HYP (well, largely HYP) has produced 8.8% IRR over the last 16 years.

CORRECTION: that should read 8.3%.
by bluedonkey
July 1st, 2019, 9:07 pm
Forum: Investment Strategies
Topic: What return are you targeting?
Replies: 91
Views: 8968

Re: What return are you targeting?

My HYP (well, largely HYP) has produced 8.8% IRR over the last 16 years.
by bluedonkey
June 17th, 2019, 5:47 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Kier suspends its dividends
Replies: 27
Views: 3085

Re: Kier suspends its dividends

Interesting contrast with Morgan Sindall who published their daily net cash/debt position for the last financial year. I think it was net cash throughout.

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