Invesco Perpetual Monthly Plus

dunstonh

Inv Perp monthly income plus is a higher risk fund in its sector and the equity content is why it fluctuates more than others in its sector and tends to do better in the long term but suffers more when the stockmarket goes down.

One of the best things about bonds at the moment is the way the yields are higher than they have been for a very long time. You can get yields creeping over 10% now whereas just 12-18 months ago you were getting 5-6%.

BTW, Mark Dampier has opinions. Opinions on investing will be wrong some of the time and right some of the time. No-one knows the future. His words are not gospel and he has said some absolute rubbish at times and some common sense other times. You cannot get it right 100% of the time.

Personally, I think some bonds are great value. JPM Global High Yield Bond, Baille Gifford High Yield Bond and F&C High income look attractive. If you want to add a bit more downside protection then schroder index linked bond (although you may find M&G real yield is more readily available). Of course, this is all opinion as well.

StevieJ

dunstonh wrote: »

BTW, Mark Dampier has opinions. Opinions on investing will be wrong some of the time and right some of the time. No-one knows the future. His words are not gospel and he has said some absolute rubbish at times and some common sense other times. You cannot get it right 100% of the time.

Just out of interest, are H&L rewarded for pushing one product over another?

dunstonh

Apparantly, HL have negotiated terms with the fund houses that may see them rewarded with more commission on some funds and not others. No different to anyone else in that respect.

Some of those enhanced terms may be based on expectations of selling a certain amount. Economies of scale applies to financial services products just as much as any other retail product.

Jake'sGran

jem16 wrote: »

You don't need to take the income - you can simply reinvest it and allow the capital to grow. It's also available as accumulation units.

I hadn't realised that but why would anyone buy that fund unless they were after something that provided monthly income?

moneylover

stevedb11 wrote: »

Hi moneylover,
In fact if you look at the prices of the INV PEP monthly income plus (inc) it was 94p around 4 weeks ago its now 97p as of yesterday.
(source H&L website). Steve;)

Sorry to be a nuisance but on the link you sent in previous post where can I see the 94p of 4 weeks ago?

stevedb11

Hi moneylover, go to the link below:
http://www.h-l.co.uk/fund_research/fund_performance/sedol/3305133.hl

Where it says"Time span" select (daily) and (4 weeks) from the drop down boxes,
Where it says "Chart Type" select (price)
where it says "Chart axis" select (Display price rather than percentage).
Then you should see the 4 week price graph.

Regards Steve

munk

turbobob wrote: »

Would an inflation linked gilt fund be a reasonable investment at the moment?

I've had a holding in the (excellently confusingly named) 'Legal & General All Stocks Index Linked Gilt Index' fund for the last few months and it's done very well whenever bad news has trickled out about bank writedowns or when news about increasing inflation has come out. Generally it's almost directly negatively correlated to equities indices like the FTSE - FTSE goes up, IL Gilt tracker goes down (although not with as much volatility).

I don't think I'll hold it for the long term though, just as long as bad news is still lingering for the next few months.

munk

moneylover wrote: »

Sorry to be a nuisance but on the link you sent in previous post where can I see the 94p of 4 weeks ago?

There's a neat chart here for looking up quote data:

http://www.bloomberg.com/apps/cbuilder?ticker1=INVMHPI:LN

as you move your mouse across the chart you can read off at the top of the chart the price/date info for the current point you're hovering over.

turbobob

Thanks, yes the L&G fund was one I was considering. Not to be confused with the All Stocks Gilt Index fund which is of course completely different

dunstonh

I hadn't realised that but why would anyone buy that fund unless they were after something that provided monthly income?

Income is "relatively" consistent and if you use that income to reinvest you buy more units. The units you have, the more income you get, the more units you can buy and so on upwards and onwards.