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OmegaMale
Posted: 17 November 2022 17:18:45(UTC)
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Driven by today's announcements regarding the reductions to both CGT and dividends allowances, it seems reasonable to use this FYs CGT allowances to make changes to reduce next year's dividends.

Whilst yields are always at best a backward-looking estimate, I have found that some funds and some platforms seem to present wildly inaccurate figures. For example, HL seem to be convinced that CGAR has 0% yield, yet I have certainly received income from my holding (approx. 1.3% last year).

2 questions:

Other than going directly to each fund provider's website, which platform gives the most reliable numbers? The ability to sort results in yield order would be nice.

Any thoughts on funds worthy of consideration when trying to reduce yields? e.g. replacing CGAR with Trojan reduces yield from 1.3% to 0.1% with the funds performing similarly over the longer term.

Clearly this should not be a "tail wagging the dog" scenario just another consideration when making changes.

Thanks in anticipation

OM
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3 users thanked OmegaMale for this post.
Newbie on 17/11/2022(UTC), Harry Trout on 17/11/2022(UTC), Phil 2 on 18/11/2022(UTC)
Tim D
Posted: 17 November 2022 17:49:50(UTC)
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The quality of data on HL seems to have really deteriorated over the years. I would not make any actual trading decision based on any numbers from there without double-checking the data "at source".

I do trust Trustnet more. You can rank IT yields at
https://www.trustnet.com/fund/price-performance/t/investment-trusts?IsTrustnetITSpecialistVct=false&sortby=Yield&sortorder=desc

Or at the AIC (probably also quite trustworthy) using
https://www.theaic.co.uk/aic/find-compare-investment-companies?sortid=NetDivYld&desc=true

(Both should have screener options to narrow the field a bit)
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OmegaMale on 17/11/2022(UTC)
Thrugelmir
Posted: 17 November 2022 18:07:12(UTC)
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HL outsource their website. Data is provided by a third party. Safe to assume that HL increasingly use it as a marketing tool rather than as a reliable resource. Probably boils to cost in some way as to what gets updated and what doesn't.

Company's own websites are far more valuable in terms of researching and getting an insight into what you are potentially investing in.
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OmegaMale on 17/11/2022(UTC)
SF100
Posted: 17 November 2022 20:16:54(UTC)
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OmegaMale;248225 wrote:
CGAR.....I have certainly received income from my holding (approx. 1.3% last year).

Any thoughts on funds worthy of consideration when trying to reduce yields?
OM

Pleasantly just noticed CGAR divi due on 29th Nov.
2.25p per share (1.6%).
Usually taxable as 'interest' income rather than 'dividend' income due to amount of bond holdings.
Hence preferring trojan, as the gold holding keeps the bond % at bay, albeit it doesnt tend to pay ANY income anyway.


Gold ETC/ETF seems quite useful, no yield and in the perhaps often event of no gain, can take a loss on it by flipping from one ETC to another, to offset gains elsewhere. Or is it coins that have no yield nor cap gains....
Perhaps other commodities also advantageous to hold unwrapped.
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2 users thanked SF100 for this post.
Phil 2 on 18/11/2022(UTC), OmegaMale on 19/11/2022(UTC)
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