So markets continue to fluctuate through August ending in a monthly move of -3.14% in the FTSE100 and -2.22% in my own portfolio.
Lots of dividends flying in though including my big one from National Grid.
And, as discussed in my last post (July 2013: Portfolio Adjustment (for new funds).), I have now added new funds to the portfolio and this month recorded the purchases made using both these and existing portfolio funds.
In terms, of purchases, I've previously mentioned a top up to Apple (but was undecided about adding these in isolation), but I've also added:
- RSA following the saga of Aviva's cut dividend and uncertain prospects.
- Imperial Tobacco, a top up following the purchase earlier this year (April 2013: Portfolio Update.)
- British American Tobacco, my preferred sector candidate to Imperial Tobacco (April 2013: Portfolio Update.)
- BP a top up on weakness.
In the main you can probably guess that, with the exception of Apple, all are above average dividend payers with Imperial Tobacco, and BP having the most to gain should they stage a recovery.
Clearly I have also used the current market uncertainty as a window of opportunity for such as British American Tobacco.
Lots of dividends flying in though including my big one from National Grid.
And, as discussed in my last post (July 2013: Portfolio Adjustment (for new funds).), I have now added new funds to the portfolio and this month recorded the purchases made using both these and existing portfolio funds.
In terms, of purchases, I've previously mentioned a top up to Apple (but was undecided about adding these in isolation), but I've also added:
- RSA following the saga of Aviva's cut dividend and uncertain prospects.
- Imperial Tobacco, a top up following the purchase earlier this year (April 2013: Portfolio Update.)
- British American Tobacco, my preferred sector candidate to Imperial Tobacco (April 2013: Portfolio Update.)
- BP a top up on weakness.
In the main you can probably guess that, with the exception of Apple, all are above average dividend payers with Imperial Tobacco, and BP having the most to gain should they stage a recovery.
Clearly I have also used the current market uncertainty as a window of opportunity for such as British American Tobacco.
Returning to my portfolio William Hill hit a speedbump as the threat of new UK taxation looms on the horizon to address offshore bases.
Most other shares wallowed with the markets as the threat of action against Syria increased.
But Vodafone rose as emerging rumours became confirmed that talks between Vodafone and Verizon Communications were ongoing over a deal on Verizon Wireless (Vodafone: "Deal or no deal" on Verizon Wireless!)
Following the deal, I've also topped up my holding in Vodafone which will show in my September Update.
| Merchant Adventurer's Index | |||||||||||
| Forecast | 1 month | YTD | 32 mth | ||||||||
| Price | % holding | Div. yield | % gain | % gain | % gain | ||||||
| R-R | 1112.00p | 31.23% | 1.98% | -5.36% | 27.30% | 78.49% | |||||
| National Grid | 742.50p | 13.88% | 5.68% | -5.65% | 5.62% | 34.27% | |||||
| Aviva | 386.80p | 9.65% | 4.01% | 4.26% | 3.70% | 14.48% | |||||
| William Hill | 415.20p | 4.02% | 2.83% | -14.74% | 26.05% | 125.44% | |||||
| Apple ** | $487.05 | 5.96% | 1.99% | 5.57% | -2.53% | 23.33% | |||||
| IG Group | 568.00p | 4.34% | 4.18% | -1.73% | 26.22% | 19.03% | |||||
| BP | 446.20p | 5.52% | 5.29% | -1.06% | 4.18% | -1.50% | |||||
| General Electric ** | $23.09 | 2.06% | 2.83% | -7.20% | 14.80% | 52.34% | |||||
| Centrica | 385.90p | 2.06% | 4.50% | -1.30% | 15.68% | 16.38% | |||||
| BAE Systems | 435.10p | 1.85% | 4.66% | -2.44% | 29.15% | 31.85% | |||||
| SSE | 1563.00p | 1.83% | 5.65% | -0.76% | 10.23% | 27.59% | |||||
| Microsoft ** | $33.40 | 1.88% | 2.46% | 2.75% | 30.40% | 20.40% | |||||
| Vodafone | 206.25p | 1.70% | 4.97% | 4.17% | 33.54% | 28.00% | |||||
| Morrisons | 290.20p | 1.55% | 4.40% | 0.42% | 10.34% | 8.45% | |||||
| BG Group | 1227.00p | 1.52% | 1.46% | 3.37% | 21.19% | -5.32% | |||||
| BAT | 3255.00p | 2.62% | 4.45% | -2.96% | -2.96% | -2.96% | |||||
| RSA Ins.Grp | 118.60p | 1.36% | 5.40% | 0.25% | 0.25% | 0.25% | |||||
| Imperial Tobacco | 2132.00p | 2.54% | 5.44% | -3.78% | -5.62% | -5.62% | |||||
| Tesco | 366.55p | 1.24% | 4.13% | -0.12% | 9.09% | -8.11% | |||||
| Cash | 3.17% | 0.00% | |||||||||
| 100.00% | 3.44% | ||||||||||
| 1 Month | YTD | 32 mth | |||||||||
| Virtual Portfolio gain (incl. Dividends) | |||||||||||
| - 1 month gain 1999.55 - | 1955.19 | -2.22% | |||||||||
| - YTD gain 1644.62 - | 1955.19 | 18.88% | |||||||||
| - 32 month gain 1264.20 - | 1955.19 | 54.66% | |||||||||
| - 44 month gain 1000.00 - | 1955.19 | 95.52% | |||||||||
| FTSE gain (excl. Dividends) | |||||||||||
| - 1 month gain 6621.06 - | 6412.93 | -3.14% | |||||||||
| - YTD gain 5897.81 - | 6412.93 | 8.73% | |||||||||
| - 32 month gain 5971.01 - | 6412.93 | 7.40% | |||||||||
| - 44 month gain 5412.88 - | 6412.93 | 18.48% | |||||||||
| Transactions: | |||||||||||
| 28/03/2013 | Buy | Apple @ £2.96149 | |||||||||
| Div | Apple @ 169.89p per share | ||||||||||
| 28/03/2013 | Buy | RSA Insurance Group @ £1.16983 | |||||||||
| 24/05/2013 | Div | RSA Insurance @ 3.9p per share | |||||||||
| 07/08/2013 | Div | Vodafone @ 6.92p per share | |||||||||
| 16/08/2013 | Div | Imperial Tobacco @ 35.2p per share | |||||||||
| 19/08/2013 | Div | Apple @ £1.6564 per share | |||||||||
| 21/08/2013 | Div | National Grid @ 26.36p per share | |||||||||
| 22/07/2013 | Buy | Imperial Tobacco @ £22.127 | |||||||||
| 21/08/2013 | Buy | Brit.Am.Tobacco @ £33.270977 | |||||||||
| 22/08/2013 | Buy | BP @ £4.36331 | |||||||||
| Notes: | |||||||||||
| * US Dividends are adjusted for exchange rate and 15% withholding tax | |||||||||||
| ** Sterling : Dollar exchange rate = £1: $1.549644 as at 31/08/13 | |||||||||||
Looking at the chart it still looks like a rising trend albeit one that looks a little undecided at the moment as to where its next direction might be.
But with Syria, oil prices, uncertainty over quantitative easing and interest rates, its probably not too surprising.
But there are tentative signs of European recovery, and both the UK and US look stronger in their prospective recoveries, if data is to be believed.
 |
| Click to enlarge, close to return. |
My portfolio is still below the mid May peak but it still seems right to consolidate things with a round or two of dividends before once again looking towards future prospects and share prices.
My forecast yield has fallen quite a way over the last year but that is almost (you know who you are...Aviva!), entirely down to share price gains this year ahead of actual earnings being reported and catching up with speculation.
But despite some headwinds to weather I remain reasonably optimistic about the future and happy with the way things have gone so far with my portfolio.
Related Posts:
- Vodafone: "Deal or no deal" on Verizon Wireless!
- July 2013: Portfolio Adjustment (for new funds).
- July 2013: Portfolio Update.
- 20 May 2013: Portfolio milestone.
- April 2013: Portfolio Update.
- March 2013: Portfolio Update.
- February 2013: Portfolio update.
- January 2013: Portfolio Update.
- December 2012: Portfolio Update (2012 Year-end).
No comments:
Post a Comment