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).


Saturday 1 January 2022

SIPP value as at 1st January 2022

 Happy New Year!


For sure, 2021 has been a year to remember. This time last year, the SIPP value was £254,298 - so after deducting the annual contributions of £12,000 the total growth in the year has been £43,459 or 17.08%

The sole transaction in the month of December was the sale of Chelverton UK Equity Growth (I was using another quoted Chelverton fund - SDV - to identify the holding). The reason for the sale was that the UK market appears to have lost impetus, and while some investment houses are "bullish" about UK equities - I'm not. Things could all change should the current Prime Minister (or Government) be replaced, but with the current incumbents remaining in-charge confidence is low. An illustration of the weakness of UK equities is shown in the BlackRock Smaller Companies IT (BRSC) graph for the past 12 months (see below).  Up until the end of August the SP was growing rapidly -then September was a bit of a disaster.


I've moved the funds into the infrastructure Investment Trust 3i Infrastructure, which while not being a likely growth investment, is more of a defensive investment against future downturns. 

It hasn't all been doom & gloom, look at the SP performance of Diploma (DPLM) - up 52% during the 12 months of 2021; and while this company was also affected by the September dip, the recovery has been greater than the loss.


The star of the portfolio continues to be Segro (SGRO) - see the 12 month chart below.

My initial purchase of Segro share was in August 2014, when I bought 900 shares at 356p, and they are now 1431p - phenomenal performance and it appears to show no signs of stopping any time soon.

By this time next year, I'm setting target value of over £360,000 for the SIPP; fingers crossed I will achieve it.