Great British Invest off or Passive V Active Portfolios

Linton

Linton Growth reorganisation:

iShares Edge MSCI World Minimum Volatility UCITS ETF GBP	22.02
Fidelity European W Acc	17.31
HSBC S&P 500 UCITS ETF GBP	15.58
M&G Global Emerging Markets I Acc GBP	12.48
Artemis US Smaller Companies I Acc GBP	8.40
Matthews Asia Small Companies I GBP	7.54
Janus Henderson European Smaller Companies I Acc	6.32
M&G Japan Smaller Companies I Acc GBP	5.29
Fidelity UK Smaller Companies W Acc	5.07

Prism

I decided it was time to take advantage of investment trust discounts so have made a couple of changes this month.

A chunk of Fundsmith has been sold to buy into Finsbury Growth Trust at a discount of 5%.

Gresham House UK Micro Cap has been replace with Strategic Equity Capital - same manager and team, same investment approach but makes use of the trust structure better. Oh, and a 9% discount.

FEET is still there until the last 10% of holdings is sold sometime this summer.
Chrysalis is still there but pretty much forgotten about by this point.

Overall, a much higher UK allocation than before at about 40%

Fundsmith - 36.59%
Royal London Sustainable Leaders Trust - 12.71%
Finsbury Growth & Income Trust - 12.52%
Strategic Equity Capital - 10.00%
Vanguard FTSE EM ETF - 9.37%
Smithson - 7.86%
SDL Free Spirit - 6.46%
HarbourVest Global Private Equity - 2.45%
Chrysalis - 0.78%
Fundsmith Emerging Markets Trust - 1.28%

TBC15

AXA Framlington Global Technology Z Acc                                                8473.6                      33.58%

 

Fundsmith Equity I Acc                                                                                  5749.3                     21.66% 

 

LF Blue Whale Growth R Acc                                                                     27885.4                     33.92%

 

Xtrackers (IE) PLC MSCI World Momentum UCITS ETF 1C                          410                      10.84%  

Bit of a rehash after making a preemptive strike to use up the 10% CGT rate and evicting the Smithson squatter and replacing it with Xtrackers (IE) PLC MSCI World Momentum UCITS ETF 1C.

This is good news for anyone holding Smithson as I’m sure it will soar now I’ve shown it the door.

Prism

Yearly update of the portfolio as I realised that I made a few changes a while back. Royal London Sustainable Leaders Trust went out to buy more small caps. Next plan is to cycle dividends into HVPE. I do like Chrysalis but the volatility is too much. Keeping an eye on it (still). 

Fundsmith - 35.04%
Smithson - 17.09%
SDL Free Spirit - 12.35%
Finsbury Growth & Income Trust - 10.84%
Strategic Equity Capital - 10.57%
Vanguard FTSE EM ETF - 7.82%
HarbourVest Global Private Equity - 3.30%
Chrysalis - 1.26%
Fundsmith Emerging Markets Trust - 1.15%

TBC15

28/04/25

AXA Framlington Global Technology Z Acc                                                8175.35                      32.48%

 

Fundsmith Equity I Acc                                                                                   914.52                     3.25% 

 

LF Blue Whale Growth R Acc                                                                      26899.22                   33.92%

 

Xtrackers (IE) PLC MSCI World Momentum UCITS ETF 1C                          898.13                    24.63%

 

Gold                                                                                                                   4.72oz                  6.22%

 

It’s time for the rehash. Most of Fundsmith has now gone, I didn’t think I’d be saying that ever but

there you go. Gold is now a feature in the form of Britannias, which should herald a plummet in gold.