So the month has ended, and so its time to take stock of the performance across my portfolios, and compare it to the usual index of choice. This enables me to see how I am doing. As I covered in my “How I measure performance” – basically I take 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 J
|Company Pension||-0.02%||0%||No income generated as all funds are in growth or reinvested|
|Personal Pension||1.09%||0%||No income generated as all funds are in growth or reinvested|
|ISA 1||-0.67%||0%||No income generated as all funds are in growth or reinvested|
|ISA 2||-0.61%||0%||The performance does not include the income that was paid out into my account, but is covered by the income so really need to consider both in conjunction|
|ISA 3||1.18%||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. The Income is the %age paid out by the portfolio but remains inside the wrapper to buy more goodies|
|ISA 4 [RP Tracker]||N/A||N/A||N/A – not yet set up|
|FTSE-100||-0.61%||This excludes any dividends|
|FTSE-250||0.39%||This excludes any dividends|
|FTSE-All||-0.39%||This excludes any dividends|
|S&P500||1.12%||This excludes any dividends|
|Dow Jones||0.09%||This excludes any dividends|
|VWRL||-0.04%||This excludes any dividends|
|VHYL||-0.6%||This excludes any dividends|
So as January comes each year, it continues to be a terrible month on the dividend front. Whilst the income has still gone up significantly from last year (probably about 80%), mostly from my other half’s ISA, it is still not good. I am not about to go and buy a bunch of stocks just because they pay a dividend in January, but it does annoy me that this is always a major hit to my average income over the year! Total income paid out across the portfolios is a small statistical error sadly when compared to the total size of the portfolio. This shows the importance of understanding what income you will receive over the year and ensure that you able to cover the bad times as well as the good.
So overall not a bad month again in terms of performance – but it does remind me I need to update my portfolios page to show some of the makeup of my other portfolios. I continue to be amazed by just how fast my overall investments are going up – and it encourages me to try and invest more.
It does seem that my IFA does better with a much larger pot than a smaller value given how my pension performed compared to the ISAs and they are a pretty similar split. I am still delighted with my performance, and there were some changes in January which helped, which I will go into in another post.
Over the year I haven’t put anywhere near as much as I should have in my actively managed ISA which means I could have added quite a lot more to my total value, but this is going to help me focus next year, especially with the Go T’ Pub ISA.
How was your January? A good performance, some good dividends or just continuing to tick along?
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 going in (nor planned).
ISA 2: This is also managed by my FA, however it’s 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.
ISA 3: This is the ISA I manage myself. 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
ISA 4: This is the Go T’ Pub ISA that is being held for now for reference, but will start from the new tax year in 2017 – 2018