November 2016 Performance

Ok folks, so this is the moment you have all be waiting for, to see how things are going?!

The month has ended, and so it’s time to take stock of the performance across all of my holdings, and compare it to the usual index of choice. This enables me to see how I am doing. I calculate this by taking the value of the portfolio at the end of last month, add on any contributions for the month, and that was my starting value. End value is the value at the end of the reporting period. Simples 🙂 (I will one day learn how to put smiley faces in wordpress, but give me time!)

So without further ado, below is the overall performance of each of my various portfolios.

Portfolio Perf. Income Notes
Company Pension -2.83% 0% No income generated as all funds are in growth or reinvested.
Personal Pension -1.60% 0% No income generated as all funds are in growth or reinvested.
ISA 1 -1.71% 0% No income generated as all funds are in growth or reinvested
ISA 2 -2.46% 0.17% The performance does not include the income that was paid out into my account.
ISA 3 -4.22% 0% Although dividends are paid out, they remain in the ISA wrapper, and will get reinvested for growth. The performance figure includes both the Capital growth, and also income received which will get reinvested. I do keep a graph demonstrating the contributions vs. Portfolio value over time, the question is would people be interested in seeing this? Not great, but that’s what you get with volatility
ISA 4 N/A N/A N/A – not yet set up, so will only start from the new tax year
FTSE-100 -2.45% This excludes any dividends
FTSE-250 0.01% This excludes any dividends
FTSE-All -2.01% This excludes any dividends
S&P 500 3.65% This excludes any dividends
Dow Jones 5.71% This excludes any dividends

 

So what does all of this tell us, apart from I have too much time on my hands to fill out the various spreadsheets? Well, it isn’t the start I would like for the blog, seems like its all doom and gloom here! I am actually not that disheartened by it all to be honest – so far this year overall I am doing ok – and remember folks, 1 month is nothing in the journey to FI – if anything it means I will buy things slightly cheaper the next month, the question will be how it pans out over the coming years. If I had bought a FTSE-100 tracker I would only have been better off than my personal portfolio, and my company pension. Well, nothing I can do about the company pension as they don’t offer any tracker funds, so only a slight under performance, but then given that the company puts in more than I do, I guess I am still up. On my managed ISA side, yes its disappointing. But if I look back and compare this for the tax year, it’s been a highly volatile time. Seems when the market drops I take a slightly heavier hit, but when it goes up I do very well indeed.

You will have to wait until the end of this tax year to see the overall performance!

 

Notes:

Company Pension: This consists of a number of actively managed funds – I don’t have any choice of trackers etc, but I will take the matching, that will more than cover the fees, and I will just live with it.

Personal Pension: This is managed by my FA and contains Actively Managed funds. I continue to contribute each month and the contribution is included in the performance – before my FA has taken their cut (e.g. if I put in £100, and they charged me £5, so only £95 went into the account, I would still class that as £100).

ISA 1: This is also managed by my FA, but no new contributions went in (nor planned).

ISA 2: This is also managed by my FA, however its slightly more complicated than that. There are 3 sub portfolios within, each of which have funds added each month, but each portfolio has different levels of contribution, different investment strategies and different targets. This means that the performance is a little trickier to compare given that I also take out one of the sub portfolios dividends rather than reinvest them. There is also between a 3 and 6 month time delay between new contributions and when the funds pay out, depending on the fund and where it is in the dividend cycle.

ISA 3: This is the ISA I manage myself, trying to time the market. The last contributions added to it will be this tax year, 2016 – 2017 until some of my other ISAs have grown to a similar size. All dividends will continue to be reinvested once they get to a sensible level to make the cost of dealing worthwhile. As the cash is included in my overall total it is included in overall performance, hence not separated out

ISA 4: This will be the Go T’ Pub ISA that is being held for now for reference, but will start from the new tax year in 2017 – 2018

Advertisements

Author: fireinlondon

Fighting the high cost of living in London

2 thoughts on “November 2016 Performance”

  1. I guess the negative numbers suggest some doom and gloom but as you say, it just means you will buy cheaper and more units the next month.

    Haha, I love the idea of your Go T’ Pub ISA! I put away a little money aside for gifts and holidays but never really considered a longer term ‘leisure’ fund! Need to get a few more years of investing under my belt first I think.

    ISA 2 looks err, rather complicated – I’m not surprised your FA is managing it!

    Like

    1. Hi Weenie,

      Its negative but that is the volatility that I have with some of my stocks – you will see why as I disclose the holdings over time (I’ve got some of the posts worked up).

      Glad you like the idea 🙂 The aim was two fold – one it was a “you don’t need to think about it” – money goes in, nobody cares. The other that it will provide me income and replace my salary spending, so over time it will increase, but lets see how it pans out!

      Haha yes ISA2 is more complicated as its doing 3 different things with three different targets and strategies. Why make it so complicated? Its in a tax free wrapper!
      Cheers,
      FiL

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s