OLTB's HYP - Sold United Utilities.

[moorfield]

If the UU holding is part of a diversified portfolio,

Yes I read of too many decisions here to sell or dither-tinker a holding based on what it might or might not do, instead of considering what a portfolio overall is doing, hence my post above.

[IanTHughes]

I don't really follow this logic. If the UU holding is part of a diversified portfolio, and it's portfolio yield is higher that the IT it's doing it's job as part of a diversified portfolio with lower running costs than an IT. Potentially depending on the portfolio removing UU and adding a basket of shares he already holds may actually increase his portfolio risk.

Your thinking is based on the assumption that this is about investing in an HYP, it is not.


Ian