Great British Invest off or Passive V Active Updates

TBC15

BLB53                            £133,436       33%

TBC15                            £181,908      82%

Digger UK                       £167,777      68%

Finellah VLS80               £148,266      48%

Vanguard FTSE All Cap  £172,500     73%

3% for the end of the month not bad considering TBC15 was -4% in the first week of the month. Curiously Blue Whale seemed immune to Wednesday’s dip and finished the month up 5%.

Bostonerimus1

Bostonerimus$   160708
Bostonerimus£   169636

Prism

Prism Global £174557

Almost flat for the month +0.1%

UK allocation not doing me any favours

TBC15

BLB53                            £136,094       36%

TBC15                            £189,575      90%

Digger UK                       £168,249      68%

Finellah VLS80               £152,645      53%

Vanguard FTSE All Cap  £180,923     81%

Not a bad month for TBC15 up nearly 4 ½ %. Blue Whale had another cracking month up 9% it really is doing very well recently. Smithson never fails to disappoint down just over 1%. I see the board didn’t offer the continuation vote to share holders, interesting. Allegedly the fund contains some exceptional companies, shame the price doesn’t reflect this.  

Prism

Prism Global - £178467

Fairly poor month for me. Most things beat their individual index benchmarks but when the benchmarks themselves perform poorly (UK) then that doesn't help the return. 

Chrysalis was up 12.5% over the month, but dragged down by Harbourvest at -3.7%

As an example of the behaviour of trusts, Smithson NAV was up +1.8% but the share price was down -1.8%

Bostonerimus1

Feb was a good month for my indexes and the pound weaken against the dollar so my pound denominated portfolio got an extra bit of juice, I don't expect that to last. As usual I've done absolutely nothing to manage the portfolio, so that is no activity since 2017 and my costs are very low. The average return is 8.3% which is the same I as I got from 1987 to 2014 with a similar portfolio and a little less than my real world portfolio since then because that is now 90% equity index. 

Bostonerimus$   166876
Bostonerimus£   176147

TBC15

BLB53                            £139,593       40%

TBC15                            £194,326      94%

Digger UK                       £182,579      83%

Finellah VLS80               £157,324      57%

Vanguard FTSE All Cap  £186,755     87%

Not a bad month for TBC 15 up 2.5%. Leading the pack again Blue Whale 3.7% with some strange company Smithson 3.8% let’s hope this is a taste of things to come as I’m seriously considering its lack lustre overall performance. Fundsmith steady at 2.0% and Framlington  Global Technology uncharacteristically at the back of the pack with 1% ish.

Hats off for Digger UKs gold hoard with a very impressive 8.5% return.

Bostonerimus1

Bostonerimus$   171557
Bostonerimus£   181088

Prism

Prism Global - £181,501

Starting to fall behind the index now. This heavy UK allocation is doing me no favours at all. I did sell out of one of my UK funds this month and went bigger on Smithson at a -13% discount. Lets see how that plays out

Over 40% of my pot is currently in investment trusts ranging from discounts of -7% to -42%

TBC15

BLB53                            £137,062       37%

TBC15                            £188,801      89%

Digger UK                       £191,877      92%

Finellah VLS80               £154,718      55%

Vanguard FTSE All Cap  £182,157     82%

Bit of a poor month for TBC15 down nearly 3%.

Worthy of mention is Digger UKs gold stash that went through the 100% return milestone on the 12th April as gold reached £1929 an ounce. But that was then and at the end of the month returns retreated to 92%.

As I watched Rishi’s announcement that we would be raising the percentage of GDP on defence I thought which companies will benefit from this. BAE Systems came to mind. A quick look at the share price revealed I should have had my thoughts back in Feb 2022. As Smithson’s graph fell and plateaued out BAE went on to return over 100%. I’d say my hindsight is spot on in this case. Fire up the Delorean.