kempiejon wrote:I hold both those ITs but buying today with a lump sum for Auntie Doris I'd be just as happy to suggest slinging it into a FTSE100 tracker/ETF yielding about the same as the 4.3% offered by that pair. Last time I looked at a graph I noticed that CTY hadn't outdone that index TR until about 10 years in.
You are right that investing in a tracker (income version) would achieve much the same result, but MYI adds an overseas diversification that the FTSE does not, despite the latter being dominated by companies generating large revenues overseas.
Maybe a combination of FTSE tracker + MYI is an alternative (slightly lower cost) approach, to CTY + MYI.
Thanks for the observation - it made me think!