Purposeful portfolios: Higher Income

Money Observer’s new series of four ‘purposeful portfolios’ are designed to address readers’ specific financial needs, with two growth-oriented portfolios and two targeting income requirements.

These notional £100,000 portfolios are run by financial experts and were launched on 1 April 2017; we run updates from the manager in the magazine every four months.

The Higher Income portfolio is designed for income-focused investors looking for a generous yield of around 5 per cent, if necessary utilising an element of capital growth. The underlying portfolio will aim to at least maintain its real value.

You can read the latest Higher Income update here.

Name Sector Purchase price (p) Units Purchase cost (£) Current value (£) Change since purchase* (%) Price change since last review (%) Current yield (%) Income rec'd since last review (£) Total return since last review (%) SEDOL
NB Short Duration Emerging Market Debt Fixed interest - em mkts 904 673 6,079 6,146.61 1.1 1.22 3 64.3 2.3 BDZRXG3
24 Core Corporate Bond Fixed Interest 102 9057 9,237 9,509.41 3.0 3.69 2.65 73.17 4.51 BDD0M01
24 Focus Bond Fixed Interest 104.9 8809 9,237 9,071.23 -1.8 -0.11 3.65 201.69 2.15 B7J5ND8
Semper Strategic Focus High Yield Fixed int - USD high yld 9986 61 6,028 5,812.99 -3.6 -0.74 6.7 109.17 1.14 BD5FNH8
24 Asset Backed Income Specialist 122 4989 6,080 5,917.91 -2.7 -0.41 5.9 156.94 2.26 B987629
Artemis Income UK equity income 255 4326 11,030 10,468.56 -5.1 2.94 4.4 255.77 5.49 B2PLJJ3
Schroder Income Maximiser UK equity income 55 21242 11,683 10,408.48 -10.9 5.75 7 169.57 -1.65 B53FRD8
Schroder US Income Maximiser US Equity Income 0.51 9,886 5,042 5,437.28 7.8 7.74 5 64.48 9.06 BYP24Z1
GS Japan Equity Portfolio Japan 1392 258 3,576 3,313.30 -7.4 0.78 0.9   0.78 BDGNHS0
Legg Mason Rare Global Infrastructure Inc Global equity income 98.8 5612 5,542 6,060.58 9.4 3.75 5 70.33 10.32 BD3FVQ5
Guinness Global Equity Income Global equity income 12.86 809 10,401 11,468.82 10.3 10.32 2.6   10.32 B754QH4
Schroder Asian Income Maximiser Asia Pacific ex Japan 58 11617 6,711 6,738.10 0.4 5.62 7 79.96 6.92 B52QVQ3
Ashmore Emerging Market Total Return Fixed interest -em mkts 58 63 6,131 6,227.99 1.6 2.22 5.5 101.71 3.95 BPRBMV5
TM Fulcrum Income Targeted abs return 96 63 6,107 5,839.61 -4.4 -1.54 5 99.51 0.14 BF8F711
Cash n/a       8,193            
Portfolio value inc cash income received **         110,613     4.4 1,446.60 3.36  

Notes: *Portfolio manager change in August 2018 involved complete change of portfolio, so purchase date was 1 August 2018. **Total cash income since purchase £2,399. Source: Psigma Investment Management, as at 28 June 2019.