Greene King Funds to IT's

[Darka]

As some of you know I sold my Greene King shares once the offer was in, it was enough of a premium that I was happy to get rid of the shares there and then without waiting for any potential counter offer.

With the released funds, I increased my holdings of the following Investment Trusts:

• Merchants Trust (MRCH)
• City Of London (CTY)
• Henderson Far East Income (HFEL)
• Black Rock North American (BRNA)

I also bought a small holding in:

• North American Income Trust (NAIT)

I also topped up:

• British Land (BLND)

I still have some of the funds left over and am considering whether those should go into more IT's or into individual shares.

My total retirement funs is now:

• 58% HYP
• 28% IT's
• 13% Private Pension (Will go into IT's at age 55)
• 1% Cash (Will be increased to provide a reserve later on)

[monabri]

Yield v Risk.

There are quite a few ITs offering yields that are comparable to some individual HYP shares...SMDS, BAE Systems, AZN, GSK....Micro Focus.