Purposeful portfolios: Regular 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 Regular Income portfolio, run by James Brumwell, an investment trust specialist, is designed for retirees looking to produce a steady, regular income flow through the year, with an element of capital growth to keep ahead of inflation. It is updated in Money Observer each June, October and February.

You can read the latest Regular Income update here.

 

Name IT sector Purchase price (£) Quantity bought Value at inception (£) Current value (£) Share price change since last update 31/12/17 (%) Share price change since inception (%) Current yield (%) Income received since inception (£) Total return since inception (%) Total return since inception (£)
Invesco Perpetual Enhanced Income Equity & Bond Income 79.00 9000 7110.00 6876.00 -7.36 -3.43 6.32 450.00 4.47 318.50
CQS New City High Yield Fund Equity & Bond Income 62.25 11500 7158.75 6986.59 -2.52 -2.54 7.09 508.30 4.53 324.99
HICL Infrastructure* Infrastructure 169.00 4250 7182.50 6413.25 -4.76 -10.7   327.25   -789.25
TwentyFour Income Fund** IT Debt 120.00 5500 6610.00 6710.00 1.51 1.51 6.02 397.65 3.78 250.15
F&C Commercial Property Property - Globe 144.50 5000 7225.00 7350.00 8.17 1.59 4.15 300.00 6.08 440.00
General Accident 8.875% Cumulative Preference (Insurance) 151.50 4750 7196.25 7433.75 -9.8 2.64 5.82 421.56 8.47 613.08
National Westminster 9% Series A Non Cum Preference (Bank) 140.00 5150 7210.00 8188.50 -7.56 12.85 6.39 463.50 16.04 1164.20
JPMorgan Global Growth & Inc International Equity Income 292.00 2400 7008.00 7498.32 -5.45 6.31 3.85 271.68 10.17 716.96
Murray International International Equity Income 1,215.00 575 6986.25 6842.50 -6.15 -2.68 4.13 290.38 1.21 85.07
Scottish American International Equity Income 334.00 2100 7014.00 7686.00 -0.54 8.88 3.30 233.10 12.18 860.04
City of London UK Equity Income 416.50 1700 7080.50 7225.00 -3.19 1.39 4.16 296.65 5.49 391.50
Merchants UK Equity Income 471.50 1500 7072.50 7620.00 2.01 7.05 5.23 372.00 12.26 872.64
Standard Life Equity Income*** UK Equity Income 411.00 1200 4932.00 5736.00 1.94 15.56 6.40 317.90 21.18 1051.18
Finsbury Growth & Income^ UK Equity Income 694.00 850 5899.00 6494.00 -1.53 7.44 1.69 102.20 9.09 549.18
RIT Capital Partners^^ Flexible Strategy 1,875.00 310 5812.50 6169.00 1.72 4.55 1.38 81.25 6.77 399.39
Scottish Mortgage^^^ Global Capital Growth 366.00 1280 4684.80 6073.60 5.26 19.11 0.76 39.00 19.88 1013.65
Total           1.51 4.86 4.54 4545.17 9.05 9050.53

Notes: *Sold 24/01/18
**Purchased 24/01/18 ticker TFAF
***500 units sold 24/01/18
^150 units purchased 24/01/18
^^60 units purchased 24/01/18
^^^1300 units sold 24/01/18
Indicates holdings that have increased their dividend

Source: Interactive investor, as at 11 May 2018