SIPP PROGRESS

Current Value (As at 8th November 2021) = £307,654including cash

Value at 8th November 2021 = £307,654
Target for 8th November 2022 = £359,355
Target for 31st December 2021 = £300,000
Value of SIPP at commencement of this blog on 1st August 2012 = £51,684.02.

Capital Growth is equivalent to 12.905%pa since Aug 2012 (not including monthly contributions and occasional deposits).


Wednesday 5 February 2020

SIPP Value as at COP 4th February 2020

The intent is to post a screenshot of the SIPP portfolio at the start of each month.  I missed Monday morning, and finally got around to doing the job today (Wed 5th Feb - 0745 GMT).


The main point is that I was able to pay-in £14,000 from a company that I closed.  This will be my final contribution to the SIPP as I am no longer self-employed.  So performance will be a lot easier to monitor and measure from now on.
After making the deposit, my initial action was to buy 1300 shares at 417 in Avast (AVST) which I consider to be well over-sold following a security data issue which was (in my opinion) exaggerated. As of today (10th February) the SP of Avast is 462, so I'm happy the SP is moving in the right direction.
Since posting this screenshot, I've trimmed my holdings in both Segro (SGRO) and HG Capital Trust (HGT) to approximately £20,000 in value. The reasons being:
Segro looks a bit "ripe" and there may not be the opportunity to make similar gains in the SP in 2020 as was achieved in 2019; and
the NAV of HG Capital Trust revolves around it's shareholding in VISMA. HGT holds 50% of Visma, and that is over 20% of the NAV value of HGT. That seems a bit high a holding to me for an investment trust.

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