Friday, 2 August 2013

Investment Trust Income Portfolio - August Update

Back in early March, I set out my portfolio of core investment trusts used to generate income. Some are held in my SIPP which has been converted to drawdown - some are held within my ISA and some are held in both.

Over the past couple of months I have added Finsbury Growth & Income Trust  (and again) and secondly, Vanguard All World High Dividend ETF so its probably a good opportunity to update the portfolio with these additions. I may use the Vanguard ETF as a benchmark against which to assess the progress of the rest of the portfolio. The total includes accumulated dividends paid so far this year.

Apart from the additions, I have taken the closing prices for each investment trust at the end of 2012 and allocated a nominal sum of £2,000 to each.




(click to enlarge)
With the exception of fixed income trust New City High Yield, all are in positive territory. The best performance is from smaller companies specialist Aberforth with  a gain so far this year of  32%.

I will update on progress at the end of the year. Hopefully the good run will continue - but you never quite know what's around the corner!

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