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ICP intermediate Capital Group

Closed-end funds and OEICs
johnstevens77
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ICP intermediate Capital Group

#637938

Postby johnstevens77 » January 3rd, 2024, 5:32 pm

Not sure which board to post this on, but I am thinking to diversify into private capital trusts and this seems to fit the bill. 4.6% yield, 5yr annual growth rate of 20.7%. Good international exposure. Purchase would come from selling Tate for a higher yield and long term dividend increases. Also I have too many food producers / retailers.

john

XFool
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Re: ICP intermediate Capital Group

#637949

Postby XFool » January 3rd, 2024, 6:11 pm

Welcome aboard!

My largest share holding - I think I may now own more than some of the directors... Gulp!

PS. Though it isn't an Investment Trust or UT. :lol:

77ss
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Re: ICP intermediate Capital Group

#637956

Postby 77ss » January 3rd, 2024, 7:05 pm

johnstevens77 wrote:Not sure which board to post this on, but I am thinking to diversify into private capital trusts and this seems to fit the bill. 4.6% yield, 5yr annual growth rate of 20.7%. Good international exposure. Purchase would come from selling Tate for a higher yield and long term dividend increases. Also I have too many food producers / retailers.

john


There is a (little used) company board for ICP.

One of my larger holdings. A bit volatile of late - I topped up twice in 2022-2023 and may do so again this year as unspent dividends permit.

I have held, on and off, since 2012. XIRR(tinkered) of 27% - I think I was dead lucky when I first bought!

Gerry557
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Re: ICP intermediate Capital Group

#638053

Postby Gerry557 » January 4th, 2024, 8:22 am

I held this and sold when I was following a sell at x5 divi income with the idea of being able to buy back in when the price drops.

The sell part went well and I had my 5 years dividends bagged waiting for the adjustment.

I'm still waiting.........

Maybe I misread the numbers was it 10 or 15 years of dividends.

Maybe I should just bit the bullet. I now ignore that idea and go more for run your winners.

johnstevens77
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Re: ICP intermediate Capital Group

#638116

Postby johnstevens77 » January 4th, 2024, 12:24 pm

Thanks. Tate was sold just now and I shall reinvest with acc. divs upon settlement. (They are in my wife's portfolio, not that that makes any difference to this thread).

john


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