Well September heralds the fall, and markets have continued to fall with global headlines continuing to affect market and trader sentiment, despite none it being new or any more sensational than headlines of previous years.
But, some return to normal behaviour as the wider FTSE 100 fell further in the month than my portfolio and the 2 indexes now sit largely comparable on the 2014 year to date performance.
The gloom for me coming in the foreknowledge of a 15% fall in my largest holding, Rolls-Royce as of yesterday's trading statement/profit guidance/profit warning, which will now have a large say in my portfolio's October and full year performance courtesy of its 25% weighting in my portfolio,... a buying opportunity perhaps?
Anyway as previously posted the other key news to my portfolio being the selling of Tesco and Morrisons as I look to tweak my portfolio slightly. I may yet decide to sell BG Group too, as I build a nice war-chest for this current market consolidation, which I will look to feed back into the market over the coming weeks.
And whilst the table below shows that, at 30 September, cash stood at 8.23%, of my portfolio, that was before the sale of Morrisons, and Tesco.
Mainly as the sales were towards the end of the month, and the funds not re-positioned, I have, as I have done with some previous sales, continued to show both of those holdings but with their sale price.
The actual cash balance after the sales now sits at 9.55% of my portfolio's close of September value, and I may yet add more.
Dividends for September came in from BG, Microsoft, BP, SSE, Tesco, Morrisons and BAT.
Tesco easily led the fallers followed by R-R, BP, BG and Morrisons.
BP continuing to be mired in the legal damages resulting from the Gulf of Mexico Oil disaster.
So despite the flurry of dividends, and it has been a good year, its disappointing to see my portfolio reach the end of the third quarter still down on the year to date for 2014, and thats before the October fall in R-R.
Merchant Adventurer's Index
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| Forecast | 1 month | YTD | 45 mth | |||||
| Price | % holding | Div. yield | % gain | % gain | % gain | |||
| R-R | 964.00p | 25.70% | 2.64% | -5.58% | -22.97% | 46.84% | ||
| National Grid | 888.00p | 14.38% | 4.88% | -1.22% | 12.69% | 60.58% | ||
| Aviva | 524.00p | 11.32% | 3.66% | 0.58% | 16.52% | 55.09% | ||
| BP | 453.00p | 4.85% | 5.50% | -5.95% | -7.18% | 0.00% | ||
| Apple ** | $100.75 | 7.13% | 1.65% | 0.36% | 27.66% | 70.22% | ||
| Vodafone | 204.00p | 2.05% | 5.57% | -1.33% | -19.14% | -19.14% | ||
| Verizon ** | 3074.98p | 1.48% | 3.78% | 2.45% | 10.80% | 10.80% | ||
| IG Group | 595.00p | 3.94% | 4.81% | -1.98% | -3.41% | 24.68% | ||
| William Hill | 370.00p | 3.10% | 3.43% | 5.71% | -7.94% | 100.89% | ||
| Imperial Tobacco | 2664.00p | 2.75% | 5.26% | 1.41% | 13.94% | 17.93% | ||
| BAT | 3482.00p | 2.43% | 4.52% | -2.01% | 7.54% | 3.81% | ||
| General Electric ** | $25.62 | 1.89% | 2.75% | 0.69% | -7.16% | 61.13% | ||
| Microsoft ** | $46.36 | 2.16% | 2.07% | 4.20% | 25.80% | 59.29% | ||
| BAE Systems | 471.00p | 1.73% | 4.43% | 5.82% | 8.28% | 42.73% | ||
| Centrica | 308.00p | 1.42% | 5.90% | -3.57% | -11.42% | -7.12% | ||
| SSE | 1547.00p | 1.57% | 5.81% | 1.91% | 12.92% | 26.29% | ||
| Morrisons | 168.24p | 0.78% | 0.00% | -5.22% | -35.54% | -37.13% | ||
| BG Group | 1142.00p | 1.23% | 1.79% | -4.95% | -11.98% | -11.88% | ||
| Tesco | 185.96p | 0.55% | 0.00% | -19.13% | -44.38% | -53.38% | ||
| Barrat Dev. | 396.00p | 1.30% | 3.59% | 7.06% | 10.78% | 10.78% | ||
| Cash | 8.23% | 0.00% | ||||||
| 100.00% | 3.32% | |||||||
| 1 Month | YTD | 45 mth | ||||||
| Virtual Portfolio gain (incl. Dividends) | ||||||||
- 1 month gain 2132.02 -
| 2097.83 | -1.60% | ||||||
- YTD gain 1644.62 -
| 2097.83 | -1.94% | ||||||
| - 44 month gain 1264.20 - | 2097.83 | 65.94% | ||||||
| - 56 month gain 1000.00 - | 2097.83 | 109.78% | ||||||
FTSE gain (excl. Dividends)
| ||||||||
| - 1 month gain 6819.75 - | 6622.72 | -2.89% | ||||||
- YTD gain 5897.81 -
| 6622.72 | -1.87% | ||||||
| - 45 month gain 5971.01 - | 6622.72 | 10.91% | ||||||
| - 57 month gain 5412.88 - | 6622.72 | 22.35% | ||||||
Transactions:
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06/09/2014
|
Div
|
BG Group @ 8.51p per share
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16/09/2014
|
Div
|
Microsoft @ 12.13p per share (act rec'd)
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20/09/2014
|
Div
|
BP @ 5.53p per share (act rec'd)
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27/09/2014
|
Div
|
SSE @ 56.1p per share
| ||||||
29/09/2014
|
Sell
|
Tesco @ 185.96p
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29/09/2014
|
Sell
|
Morrison @ 168.24p
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30/09/2014
|
Div
|
BAT @ 81.2p per share
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Notes:
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* US Dividends are adjusted for exchange rate and 15% withholding tax
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** Sterling : Dollar exchange rate = £1: $1.6257 as at 30/09/14
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The graph continues to provide an easily understood presentation of performance, which while disappointing for 2014, and its outlook, still shows that we are still in the realms of historic highs, 109.78% v. the 113.93% that closed out 2013.
 |
| Click to enlarge, close to return. |
So looking forward, achieving any kind of parity for 2014 is now looking difficult given the fall in Rolls-Royce to come in October's update.
However, the significant task ahead now is to redistribute the fund now building in my portfolio, some of which I will have to consider for Rolls-Royce, and BP now.
Anyway, we're still in the game and, as ever, taking a longer term view of things than the market turmoiling around us.
Happy hunting!
Previous Posts:
- August 2014: Portfolio Update
- July 2014: Portfolio Update.
- June 2014: Portfolio Update.
- May 2014: Portfolio Update.
- April 2014: Portfolio Update.
- March 2014: Portfolio Update.
- 2013 Dividends profiled.
- February 2014: Portfolio Update
- January 2014: Portfolio Update
- December 2013: Portfolio Update.
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