Purposeful portfolios: Regular Income

Money Observer’s ‘purposeful portfolios’ are designed to address readers’ specific financial needs, with growth-oriented portfolios and others 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 Quantity Cost price Value at inception (£) Current value (£) Gain/Loss (£) Change (%) Income (£) Yield (%) Total return since inception (£) Total return (%)
Invesco Perpetual Enhanced Income 9000 79.00 7,120.00 6,516.00 -346.50 5.1 450.00 6.32 746.00 10.5
CQS New City High Yield Fund 11500 62.25 7,168.75 6,647.00 -23.00 -0.3 511.75 7.13 1,007.75 14.1
Twenty Four Select Monthly Income Fund 6500 93.60 6,094.00 6,175.00 130.00 2.2 412.30 6.76 330.80 5.4
iShares Global High Yield Bond (£ Hedged) 47 9855.00 4,641.85 4,558.53 -22.09 -0.4 233.41 5.02 39.94 0.9
HiCL Infrastructure 4000 155.20 6,218.00 6,440.00 0.00 0.6 328.00 5.27 628.40 10.1
Balfour Beatty 10.75% Conv 01/07/20 6500 111.12 7,268.91 6,695.00 0.00 0.0 154.38 2.12 474.23 6.5
National Westminster 9% Series A Non Cum 5150 140.00 7,256.05 8,008.25 -180.25 -2.2 463.50 6.38 1,910.95 26.3
JPMorgan Global Growth & Income 2400 292.00 7,053.04 7,248.00 -888.00 -10.9 309.84 4.39 996.56 14.1
Murray International 575 1215.00 7,031.18 6,072.00 -839.50 -12.1 307.63 4.37 -84.54 -1.2
Scottish American 2100 334.00 7,059.07 8,064.00 -672.00 -7.7 249.38 3.53 1,665.93 23.6
City of London 1700 416.50 7,125.90 6,494.00 -748.00 -10.3 323.00 4.53 292.90 4.1
Merchants 1500 471.50 7,117.86 7,095.00 -615.00 -8.0 403.50 5.66 1,033.14 14.5
Finsbury Growth & Income 850 705.21 6,044.22 6,757.50 -841.50 -11.1 141.10 2.33 1,083.83 17.9
RIT Capital 310 1887.58 5,900.76 5,846.60 -880.40 -13.1 105.40 1.78 233.54 4.0
Scottish Mortgage 1280 395.84 5,098.95 7,180.80 409.60 6.0 40.06 0.78 2,200.20 43.2
Total     98,199 99,797.68 -5516.64 5.2   4.44 12,559.62 12.8

Notes: Includes income from previous holdings. Portfolio inception was 1 April 2017. Source: FE Analytics, as at 28 February 2020.