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.

 

Fund Sector Purchase price Quantity bought  Value at incep- Current value Change since last update Change since inception (%) Current yield (%) Income received since inception Total return since inception (%) Total return since inception (£)
Invesco Perpetual Enhanced Income Equity and bond income 79 9,000 7,110.00 6,705.00 -2.49 -5.83 6.32 450 3.65 260
New City High Yield Fund Equity and bond income 62.25 11,500 7,158.75 6,957.50 -0.29 -2.95 7.09 508.3 8.04 576.5
TwentyFour Income Fund IT debt 120 5,500 6,610.00 9,792.50 1.23 2.76 6.02 397.65 6.28 415.15
F&C Commercial Property Property - global 144.5 5,000 7,225.00 7,425.00 1.02 2.63 4.15 300 8.5 615
General Accident 8.875% Cumulative Preference (insurance) 151.5 4,750 7,196.25 7,006.25 -5.75 -3.26 5.82 421.56 5.47 396.36
Nat West 9% Series Non Cum Preference (bank) 140 5,150 7,210.00 7,931.00 -3.14 9.3 6.39 463.5 15.69 1,138.45
JPMorgan Global Growth & Income Int equity income 292 2,400 7,008.00 7,968.00 6.33 12.97 4.17 294 17.86 1,259.60
Murray International Int equity income 1,215.00 575 6,986.25 6,555.00 -4.2 -6.77 4.17 293.25 -0.55 -38.55
Scottish American Int equity income 334 2,100 7,014.00 8,169.00 6.28 15.72 3.3 233.1 19.87 1,402.37
City of London UK equity Income 416.5 1,700 7,080.50 7,276.00 0.71 2.11 4.22 300.9 8.38 597.2
Merchants UK equity income 471.5 1,500 7,072.50 7,740.00 1.57 8.74 5.23 372 16.6 1,181.64
Standard Life Equity Income UK equity income 411 1,200 4,932.00 5,802.00 1.15 16.89 4.52 224.4 23.57 1,169.98
Finsbury Growth & Income UK equity income 694 850 5,899.00 7,259.00 11.78 20.1 1.69 102.2 22.76 1,375.38
RIT Capital Partners Flexible strategy 1,875.00 310 5,812.50 6,541.00 6.03 10.85 1.38 81.25 13.07 771.39
Scottish Mortgage Global capital growth 366 1,280 4,684.80 7,206.40 18.65 41.33 0.76 39 42.52 2,167.95
Total         110,333.65 2.34 7.3 4.17   13.28  

Notes: Notes:  Portfolio inception 1 April 2017. Last update 30 April 2018. Source: Interactive investor, as at 31 August 2018