Great British Invest off or Passive V Active Portfolios

Prism

csgohan4 said:

have you considered the Fundsmith sustainable version, less reliance on finite fuels where renewables will be in favor soon

The difference in the holdings are fairly minor. The sustainable fund doesn't hold Philip Morris, Facebook, Nike, Brown Forman or Diageo. Both funds also avoid energy and mining for return based reasons.

Thrugelmir

TBC15 said:

Out goes Lindsell Train IT plc Ord 75P  in goes  more Fundsmith Equity I Acc

What's your rationale?  I'm curious. (Not that I hold the stock) 

Thrugelmir

csgohan4 said:

 less reliance on finite fuels where renewables will be in favor soon

Still money to be made elsewhere. Renewable transition has a long way to go in many parts of the world. Nor are the established energy companies going to disappear off the scene. 

TBC15

Thrugelmir said:

TBC15 said:

Out goes Lindsell Train IT plc Ord 75P  in goes  more Fundsmith Equity I Acc

What's your rationale?  I'm curious. (Not that I hold the stock) 

LTI was in the wife’s ISA .It was only a small part of our portfolio and I used have a bit of fun buying at a 20% premium and selling when the nutters drove the premium up to about 60%. We appear to be a bit short of nutters at the moment.

I’ve painted myself into a trading account CGT corner with Framlington Global tech. Come April once I’ve sold off enough tech to use up the 2021/2 allowance and used up the ISA allowance there won’t be a lot left over to live on.

The heavy lifting for next year’s cash will have to come from the wife’s trading account Fundsmiths holdings so that’s why I’m going a little overweight on them now.

Moe_The_Bartender

SIPP

CGT 25%
PNL 25%
Fundsmith 20%
SSON 10%
EWI 2%
FP Foresight Global Real Infrastructure 6%
HVPE 3%
MERI 2%
INRG 2%
Ninety One Global Environment 1%
VTGravis Clean Energy Income 2%
Cash 2%

ISA

SGRO 22%
BBOX 13%
PHP 12%
BYG 16%
SONG 10%

VTGravis Clean Energy Income 10%
BGCG 2%
Baillie Gifford Global Discovery 2%
Baillie Gifford Pacific 2%
VWS 3%
CWR 2%
ESGB 2%
WCLD 2%
SE 2%

The ISA might look a bit odd but it’s basically a mix of income producing assets and a few ‘fun’ stocks.

Thrugelmir

Don't let your Granny loose at the dogs portfolio holdings @ 30-11-2020
A number of changes in the portfolio made earlier in the month. Have detailed at the bottom below. 

ACORN INCOME AIF 4.24% ATLANTIS JAPAN AJG 1.96% AVON RBR. AVON 1.89% BLACKROCK ENGY BERI 8.85% BLACKROCK WORLD MINING BRWM 1.88% CITY LON INV CLIG 1.87% CONTOUR GLOBAL PLC GLO 4.14% EDP ORD 0OF7 3.57% GORE STREET EN. GSF 10.93% GRESHAM HOUSE . GRID 7.55% JARVIS SEC JIM 19.87% L'OREAL ORD 0NZM 1.89% LEGAL & GENERAL LGEN 4.47% PRUDENTIAL PRU 1.52% STD LFE PRIVATE EQUITY SLPE 2.16% STRIX GROUP KETL 2.12% TOTAL ORD TTA 7.80% TRIPLE POINT ENERGY TEEC 3.43% TRISTEL TSTL 2.01% UTIL UTL 1.74% VESTAS WIND SYS 0NMK 1.66% XPS PENSIONS XPS 1.76% Cash Held and Accrued Income 2.69%

Total Disposals 

• PZ CUSSONS 
• BB HEALTHCARE
  
• PENNON GROUP
  
• COCACOLA HBC AG
  
• STD LFE IN PTY
  

Partial Disposals

• JARVIS SEC

New Holdings

• CONTOURGLBL
• STD LIFE PRIV.
  
• LEGAL&GEN.
  
• TRIPLE PT. ENGY

Additions to Existing Holdings

• Total Ord

Prism

Portfolio 30/11/2020
Fundsmith Equity - 47%
Smithson - 15%
Montanaro Better World - 14.5%
Fundsmith Emerging Equities - 14%
LF Gresham House UK Micro Cap - 7.5%
Merian Chrysalis - 2%

Thrugelmir

Don't let your Granny loose at the dogs portfolio holdings @ 31-12-2020
A number of changes in the portfolio made earlier in the month. Have detailed at the bottom below. 

ACORN INCOME AIF 3.26% ATLANTIS JAPAN AJG 1.92% BLACKROCK ENGY BERI 5.24% BLACKROCK WORLD MINING BRWM 2.02% CITY LON INV CLIG 1.80% CONTOUR GLOBAL PLC GLO 4.20% EDP ORD 0OF7 3.84% GORE STREET EN. GSF 10.07% GRESHAM HOUSE . GRID 7.21% ISHARES II PLC ISHARES BARCLAYS CAPITAL GBP INDEX LINKED GILTS INXG 8.43% JARVIS SEC JIM 21.03% LEGAL & GENERAL LGEN 4.40% PRUDENTIAL PRU 1.63% STD LFE PRIVATE EQUITY SLPE 2.27% STRIX GROUP KETL 1.85% TOTAL ORD TTA 7.08% TRIPLE POINT ENERGY TEEC 3.22% TRISTEL TSTL 2.05% UTIL UTL 1.76% XPS Pensions XPS 1.75% Cash Held and Accrued Income 4.99%

Total Disposals 

• Avon Rubber
• L'Oreal
• Vestas Wind Systems

Partial Disposals

• Acorn Income Fund
• Blackrock Energy

New Holdings

• ISHARES II PLC ISHARES BARCLAYS CAPITAL GBP INDEX LINKED GILTS

AnotherJoe

Thrugelmir said:

csgohan4 said:

 less reliance on finite fuels where renewables will be in favor soon

Still money to be made elsewhere. Renewable transition has a long way to go in many parts of the world. Nor are the established energy companies going to disappear off the scene. 

Its got a very long way to go everywhere, which surely means its time to invest in them ? The time not to invest would be when they've finished replacing fossil fuels, not at the start of the task.

Solar / wind / batteries have pretty much reached the tipping point of being cheaper than any other source including natural gas, so from now on the vast majority of energy spend will be in this area.

Established energy companies are already disappearing off the scene, the iconic scene of Occidental being pushed out of the S&P100 as Tesla went into it.

And while they make noises about switching to renewables, thats a steering a supertanker task,  its currently a tiny fraction of their overall expenditure and they still have to write off a lot of assets.

Thrugelmir

AnotherJoe said:

Thrugelmir said:

csgohan4 said:

 less reliance on finite fuels where renewables will be in favor soon

Still money to be made elsewhere. Renewable transition has a long way to go in many parts of the world. Nor are the established energy companies going to disappear off the scene. 

Its got a very long way to go everywhere, which surely means its time to invest in them ? The time not to invest would be when they've finished replacing fossil fuels, not at the start of the task.

Solar / wind / batteries have pretty much reached the tipping point of being cheaper than any other source including natural gas, so from now on the vast majority of energy spend will be in this area.

Established energy companies are already disappearing off the scene, the iconic scene of Occidental being pushed out of the S&P100 as Tesla went into it.

And while they make noises about switching to renewables, thats a steering a supertanker task,  its currently a tiny fraction of their overall expenditure and they still have to write off a lot of assets.

There's a universe of energy companies out there. Nor forget that Orsted itself was born out out of an oil and gas company. It didn't suddenly arrive on the scene. It transitioned. As an example I've bought into Total at an average yield of 11% during 2020.  Sometimes stocks go out of favour as investors simply shun them. As there's no actual attempt to understand the business and it's direction of travel.