SIPP PROGRESS

Current Value (As at 25th September 2017) = £147,679 including cash
Target for 31st December 2017 = £170,000 (was £153,000)
Value at commencement of this blog on 1st August 2012 = £51,684.02.
Monthly contributions since commencement of blog = 36mths @ £300 plus 25 months @ £750 = £29,550
Capital Growth = £147,679 less (£51,684.02 + £29,550) = £66,445+

Thursday, 22 June 2017

Some changes to the SIPP Portfolio

There have been a few changes this week. I decided to take advantage of the share price of Paysafe (PAYS) breaking through 500, and sold-off 1000 shares @ 518 resulting in £5,170 available for new purchases.
I have recently become aware that Private Enterprise IT's have been doing well and, together with the fact that some 50% of the corporate wealth of the UK is tied-up in private equity - that is companies that are NOT quoted on the Stock Markets - that has made me look to diversify into Private Equity funds. The 2 that I've chosen are:-
HG Capital Trust (HGT) and I've bought 220 shares @ 1604
ICG Enterprise Trust (ICGT) and I've bought 470 shares @ 748

The current holdings (as of today 22nd June) are:
1) BAE (BA.) : 1115 shares @ 660
2) BlackRock Smaller Co IT (BRSC) : 1170 shares @ 1195
3) G4S (GFS) : 2058 shares @ 333
4) GlaxoSmithKline (GSK) : 393 shares @ 1714
5) GVC Holdings (GVC) : 1031 shares @ 786
6) Imperial Brands (IMB) : 170 shares @ 3579
7) JPMorgan Emerging Markets (JMG): 625 shares @ 806
8) Lancashire Holdings (LRE) : 1209 shares @ 709
9) Legal & General (LGEN): 2489 shares @ 256
10) Pacific Assets (PAC) : 1912 shares @ 259
11) Paysafe (PAYS) : 7000 shares @ 516
12) Sage Group (SGE): 931 shares @ 712
13) Schroder Asia-Pacific (SDP) : 1252 shares @ 419
14) Segro (SGRO) : 1607 shares @ 493
15) Senior (SNR) : 1574 shares @ 237
16) HG Capital Trust (HGT) : 220 @ 1625
17) ICG Enterprise Trust (ICGT) : 470 @ 747

Cash @ £1,683

SIPP Value = £142,500


Considering the SIPP value on 1st November 2016 was £112,631.16 and since then I have only made a further 8 contributions @ £750 totalling £6,000 the SIPP has made startling progress. My target for the end of the year is £153,000 and (with luck) that should be met - and the SIPP could top £150,000 by my 58th birthday on 8th November.

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