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)||Quantity bought||Cost (£)||Current value (£)||Change since purchase* (%)||Change since last review (%)||Current yield (%)||Income received since last review (£)||Total return since last review (%)|
|NB Short Duration Emerging Market Debt||Fixed interest - em mkts||904||668||6,079||6,073||-0.1||1.1||3.7||70.48||2.3|
|24 Core Corporate Bond||n/a||102||9012||9,237||9,127||-1.1||0.3||3.1||75.36||1.1|
|24 Focus Bond||n/a||104.9||8880||9,237||9,081||-1.7||0.9||4.3||209.27||0.9|
|Semper Strategic Focus High Yield||Fixed int - USD high yld||9986||60||6,028||5,856||-2.9||-1.9||6.5||108.24||0|
|24 Asset Backed Income||Specialist||122||4984||6,080||5,942||-2.2||-0.8||6.3||178.73||-0.8|
|Artemis Income||UK equity income||255||4327||11,030||10,169||-7.8||-0.5||4.4||0||1.5|
|Schroder Income Maximiser||UK equity income||55||21444||11,683||11,075||-5.2||-0.7||7||231.37||0.7|
|L&G US Index Trust||n/a||433||1232||5,162||5,042||-2.3||-1.4||1.4||0||-0.6|
|GS Japan Equity Portfolio||Japan||1392||262||3,576||3,288||-8.1||-2||0.9||0||-1.3|
|Artemis Global Income||Global equity income||105||11320||11,682||10,401||-11.0||-2||3.5||0||0.7|
|Legg Mason Rare Global Infrastructure Inc||Global equity income||98.8||5712||5,542||5,842||5.4||10.1||5||97.04||11.5|
|Schroder Asian Income Maximiser||Asia Pacific ex Japan||58||11600||6,711||6,350||-5.4||3.2||7||150||4.9|
|Ashmore Emerging Market Total Return||Fixed interest -em mkts||58||65||6,131||6,093||-0.6||4.1||6||46.71||6.1|
|TM Fulcrum Income||Targeted abs return||96||64||6,107||5,931||-2.9||2.5||5||49.95||4.3|
|Portfolio value inc cash income received **||107,017||-1.4||1.7|
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 February 2019.