Gadge wrote:NAIT - This will increase expose again to equities in what should be a well diversified portfolio but will increase our exposure to US Blue Chips, get a decent income and is not investing in US tech which I feel is due a pull back at least.
TRY - This would partner well with SLI, increase our property/diversity, get us income and hopefully help with growth.
FGT - This would increase our exposure to UK shares but buy us more growthy shares with growing dividends. I like Nick Train’s style. There is some cross over with CTY holdings though with Diageo/Unilever and maybe more.
Hi Gadge, If you recall I also run an IT portfolio, mine is growth and income focussed.
As I understood it your GIP portfolio is income focussed, and if so, I wonder therefore why you are considering adding NAIT, FGT and TRY.
NAIT (which I also hold) currently offers a yield of 2.9%. It has grown well over the last 3 years and I have top-sliced my holding and was even pondering whether to reduce it further, as the US is considered over valued and due a correction. (Noted the dividend income on cost (YOC), for an existing holder, is higher, but not for a new purchaser.
FGT (which I also hold), whilst it is in the UK G&I sector, (and holds quality stocks) again the yield is low, currently around 1.69%, mainly due to its good growth.
TRY I am aware is a European focussed property trust, with a middle of the road yield, - 2.86%. There are better income paying property stocks out there.
Indeed IF you are wanting to maximise dividend income, there are surely better choices out than all three of the above, or have I misunderstood your objective? Is your objective:
growth with some income?