Rober01
10 Jan 2017
Re: Winding UP This has not been my experience with previous Split Caps, where at this stage the gap has tended to stay much the same this close to redemption.
Hardboy
10 Jan 2017
Re: Winding UP I suspect that has been largely true for the majority of its life span, but as we approach the winding up deadline, I would expect the share price to narrow the gap to the NAV, and the NAV, if still invested in equities may mirror the FTSEAS, but otherwise if invested increasingly in the money market and short life bonds, should become more and more dampened and less volatile
Rober01
10 Jan 2017
Re: Winding UP In large part this share mimics the FTSE All Share Index. Therefore a rise in the ALL Share Index = a rise in this share ?
Hardboy
10 Jan 2017
Re: Winding UP I know markets have been consistently positive in recent weeks (I keep expecting a pullback every day, but just get more climbs) but I assume the recent rise in share price here, is the move towards closing the gap with the NAV. Under 10 weeks to go now.
power morph
03 Jan 2017
Re: NAV Still being posted on Hargreaves Lansdown. NAV news at 15:27 today was 57.61p.
Hardboy
03 Jan 2017
NAV Have M&G stop issuing daily NAV RNSs or are ii just not posting them?
Hardboy
20 Dec 2016
Re: Winding UP "Good Point!! "It was yours originally!
Rober01
20 Dec 2016
Re: Winding UP Good Point!! You may well be right, I do hope so.
Hardboy
20 Dec 2016
Re: Winding UP I agree 2017, especially the early part thereof, is likely to be a volatile year for equity markets - Not just Trump's Presidency and the unfolding Brexit, but also key European General Elections, and the on going tensions with Russia, and threat of terrorism. Having said that, if you are right that the fund manager is moving the holdings into cash accounts already, then volatile markets should not affect the NAV here too much.
Rober01
20 Dec 2016
Re: Winding UP Assuming the NAV does not change. A big ask in my HOP as the market draws near to triggering article 50 ( or NOT as the case may be).I assume the current price and will treat anything greater as a bonus. (Glass HF/He etc).
Hardboy
19 Dec 2016
Re: Winding UP With 12 weeks to go to winding up, I would expect the discount of share price to NAV to steadily narrow.Currently 19%.
Rober01
12 Nov 2016
Re: Winding UP HardboyThere is a good article on Citywire (11/11/17) and details in the RNS on here.Re OEICS had a very bad experience with 2, many years ago. Additionally I do not see why I should pay to hold investments on my chosen brokers ( both charge for OEICS).Personally I have managed well with ITs (a number of OEICS offer IT alternatives often with a better yield)Cheers
Hardboy
12 Nov 2016
Re: Winding UP I haven't seen the offered roll overs. Have they been published on the website?I will study them with interest. I too am negative on OEICs & UTs, but at the end of the day it is down to the management team. I'd rather be in a UT with a good management team, than an IT with a bad one. (That's my defence for the one OEIC I do own - Sanford De Land UK Buffettology (BDPERS)).
Rober01
11 Nov 2016
Re: Winding UP HardboyI do not like any of the proposed alternative investments on offer!!!For one I do not invest in OECS as a matter of principle (no gearing = no significant yield) and to say the JP Morgan Elect IT is "underwhelming" is very much an understatement.I will be going for "cash" and between now and 17/3//2017 will be working out my own less biased alternatives for my not inconsiderable wedge.Cheers
Hardboy
01 Nov 2016
Re: Winding UP Robert, "To offset this I have over the years sold these at various times at a profit."And of course (depending on your entry level) you will have been receiving an income of over 10% ROI, with interest rates at a lot lower rates. I'm also staying put for now.
