My portfolio performed marginally better with a lesser fall of -4.28% following a raft of dividends from BAE, William Hill, Centrica, Microsoft, Morrison, and BP.
Portfolio gainers in the month were few with just Aviva, IG, Microsoft, BAE, and Morrisons recording positive moves.
YTD there continues to be a healthy gain of 14.79% for the portfolio v. the FTSE100's 5.39%, helped by strong individual performances from Rolls-Royce, Microsoft, William Hill, IG, Vodafone, GE, and BAE.
Even more so when the dividends from each of these companies are taken into account.
Merchant Adventurer's Index
| ||||||||
| Forecast | 1 month | YTD | 30 mth | |||||
| Price | % holding | Div. yield | % gain | % gain | % gain | |||
| R-R | 1134.00p | 36.25% | 1.91% | -5.89% | 29.82% | 82.02% | ||
| National Grid | 746.00p | 15.87% | 5.50% | -4.91% | 6.12% | 34.90% | ||
| Aviva | 340.00p | 9.65% | 4.80% | 1.86% | -8.85% | 0.63% | ||
| BP | 455.00p | 4.81% | 5.09% | -3.90% | 7.11% | -0.59% | ||
| Apple ** | $396.53 | 4.42% | 2.32% | -11.87% | -20.87% | 7.08% | ||
| William Hill | 441.00p | 4.86% | 2.64% | -0.38% | 33.88% | 139.44% | ||
| IG Group | 580.00p | 5.05% | 3.81% | 0.17% | 28.89% | 21.54% | ||
| General Electric ** | $23.19 | 2.40% | 2.82% | -0.66% | 17.52% | 55.96% | ||
| Centrica | 360.00p | 2.18% | 4.81% | -5.26% | 7.91% | 8.56% | ||
| Microsoft ** | $34.55 | 2.26% | 2.22% | 9.05% | 37.49% | 26.95% | ||
| SSE | 1523.00p | 2.03% | 5.54% | -11.03% | 7.40% | 24.33% | ||
| Vodafone | 188.00p | 1.76% | 5.51% | -9.93% | 21.72% | 16.67% | ||
| BAE Systems | 383.00p | 1.85% | 5.33% | 2.80% | 13.68% | 16.06% | ||
| Morrisons | 262.00p | 1.60% | 4.86% | 0.34% | -0.38% | -2.09% | ||
| Imperial Tobacco | 2280.00p | 1.53% | 5.09% | -0.59% | -0.59% | -0.59% | ||
| BG Group | 1119.00p | 1.58% | 1.60% | -5.33% | 10.52% | -13.66% | ||
| Tesco | 331.00p | 1.28% | 4.58% | -25.29% | -1.49% | -17.03% | ||
| Cash | 0.63% | 0.00% | ||||||
| 100.00% | 3.48% | |||||||
| 1 Month | YTD | 30 mth | ||||||
Virtual Portfolio gain (incl. Dividends)
| ||||||||
| - 1 month gain 1972.20 - | 1887.78 | -4.28% | ||||||
| - YTD gain 1644.62 - | 1887.78 | 14.79% | ||||||
| - 30 month gain 1264.20 - | 1887.78 | 49.33% | ||||||
| - 42 month gain 1000.00 - | 1887.78 | 88.78% | ||||||
FTSE gain (excl. Dividends)
| ||||||||
| - 1 month gain 6583.09 - | 6215.47 | -5.58% | ||||||
| - YTD gain 5897.81 - | 6215.47 | 5.39% | ||||||
| - 30 month gain 5971.01 - | 6215.47 | 4.09% | ||||||
| - 42 month gain 5412.88 - | 6215.47 | 14.83% | ||||||
Transactions:
| ||||||||
02/06/2013
|
Div
|
BAE @ 11.7p per share
| ||||||
07/06/2013
|
Div
|
William Hill @ 7.8p per share
| ||||||
12/06/2013
|
Div
|
Centrica @ 11.78p per share
| ||||||
17/06/2013
|
Div
|
Microsoft @ 12.5p per share
| ||||||
19/06/2013
|
Div
|
Morrisons @ 8.31p per share
| ||||||
21/06/2013
|
Div
|
BP @ 5.83p per share
| ||||||
Notes:
| ||||||||
* US Dividends are adjusted for exchange rate and 15% withholding tax
| ||||||||
** Sterling : Dollar exchange rate = £1: $1.52027 as at 30/06/13
| ||||||||
Interestingly, the chart shows a similar dip last year albeit in May rather than June and without the prior gains that have propelled this years performance so far.
 |
| Click to enlarge, close to return. |
There is a continuing sense of uncertainty around the future direction of market stimulus from central banks and when it will end: Markets pause for breath! / FTSE's fragile confidence., and, as mentioned, I have my own views over any extension to this artificial market cocoon.
But I also think that any volatility created by this "uncertainty" should not be a concern to any investor with a longer term goal as it has more to do with emotion and "trade creation" than individual prospects.
A more realistic worry for me is that the "twice in a lifetime" conditions that allowed me to invest in lowly rated companies with good prospects and strong yields is changing as economies generally improve.
I say this because the credit crunch and falling markets were indiscriminate taking down good with bad and generally making the decision to invest in markets one for the brave / logical / emotionless.
But with markets and companies having improved over the last few years conditions are less indiscriminate meaning that companies' share prices are more closely rated to their performance than has been in the case over the last few years.
That's not to say that there won't still be sectors and companies cycling out of favour or company specific concerns that affect companies in the short term which might still represent opportunities of share price weakness for longer term investors.
After a lot of pondering I have also taken the decision to add more funds to my portfolio so will be making an adjustment to accommodate the additional funds and investments over the next few weeks.
But I also think that any volatility created by this "uncertainty" should not be a concern to any investor with a longer term goal as it has more to do with emotion and "trade creation" than individual prospects.
A more realistic worry for me is that the "twice in a lifetime" conditions that allowed me to invest in lowly rated companies with good prospects and strong yields is changing as economies generally improve.
I say this because the credit crunch and falling markets were indiscriminate taking down good with bad and generally making the decision to invest in markets one for the brave / logical / emotionless.
But with markets and companies having improved over the last few years conditions are less indiscriminate meaning that companies' share prices are more closely rated to their performance than has been in the case over the last few years.
That's not to say that there won't still be sectors and companies cycling out of favour or company specific concerns that affect companies in the short term which might still represent opportunities of share price weakness for longer term investors.
After a lot of pondering I have also taken the decision to add more funds to my portfolio so will be making an adjustment to accommodate the additional funds and investments over the next few weeks.
Earlier related posts:
- Markets pause for breath!
- FTSE's fragile confidence
- May 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).
- Markets pause for breath!
- FTSE's fragile confidence
- May 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).
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