Investment Review - March 2019

Here's the quarterly update of the combined portfolio on the last working day of March :-

Share/Fund Purchases in the Period
In addition to establishing the new High Yield Group within the SIPP in January, I've added the Vanguard global high-yield ETF (VHYL) to my ISA at a unit cost of £41.03.

Share/Fund Sales in the Period
Sales were limited to those existing shares which were partially sold-down to fund the new High Yield Group in the SIPP.

Passive Income Index
This currently stands at 380.2, up from 352.1 at the start of year.

High Yield Group
The combined value of the new high yield group of shares within the SIPP is almost exactly the same as when it was established.  However, the valuations of its individual constituents now differ considerably, although they were all at equal weightings only 9 weeks ago.

What I've termed the 'running yield' in the last column is simply the cash amount of dividends received to date divided by the cost of the assets at the commencement date.  There were only two such payments received in this first quarter.

Commentary
A very solid start to 2019 as a result of strongly rising markets plus additions of new cash to the current ISA before the tax-year deadline.  After several months of downward trajectory, all-time highs were reached in each of the three months.

However, I didn't manage to use all my ISA allowance this year.  We bought a replacement car earlier this month and dipped into some of the cash that had been earmarked for the final ISA tranch.