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Return on bond ETFs - why no figures on HL?
Kevin Crane
Posted: 15 April 2018 21:59:19(UTC)
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Take GHYS for example. I can see from the iShares documents it is distributing and pays out twice a year, but I can't see any guidance on how much. It seems such an obviously important number for a bond investment. I can find something on Morning Star (12 month yield 4.64%) but not on HL.

Am I missing something obvious and showing myself up?
Tim D
Posted: 15 April 2018 22:06:36(UTC)
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If you go on the iShares page at https://www.ishares.com/...-gbp-hedged-ucits-etf#/ there's "Distributions" on the left a little down the page. Shows:
Quote:
13-Apr-2018 12-Apr-2018 GBP 2.0790
13-Oct-2017 12-Oct-2017 GBP 2.1777
18-Mar-2017 13-Apr-2017 GBP 2.4602
14-Oct-2016 13-Oct-2016 GBP 2.5052

and there's a "View full table" for more.
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Kevin Crane on 15/04/2018(UTC)
Alan Selwood
Posted: 15 April 2018 22:43:42(UTC)
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Perhaps the return on these ETFs is so small, or negative, that there is a wish not to highlight the details on the broking platform!
King Lodos
Posted: 15 April 2018 22:51:07(UTC)
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I find the most useful thing to do with HL is go to the Fund Charts & Performance (pick any fund), then select Equity, and type in the Ticker – e.g. GHYS.

You can then see the Total Return, and toggle with the Share Price.

GHYS's total return has been a sort of reasonable 2.4-ish% over the past 12 months .. Take a little off for trading costs and a platform fee, and that's why I'm in NS&I bonds for now
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Kevin Crane on 16/04/2018(UTC), Tim D on 16/04/2018(UTC)
Kevin Crane
Posted: 16 April 2018 07:23:49(UTC)
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King Lodos;60680 wrote:
I find the most useful thing to do with HL is go to the Fund Charts & Performance (pick any fund), then select Equity, and type in the Ticker – e.g. GHYS.

You can then see the Total Return, and toggle with the Share Price.

GHYS's total return has been a sort of reasonable 2.4-ish% over the past 12 months .. Take a little off for trading costs and a platform fee, and that's why I'm in NS&I bonds for now


Gosh, crafty method.

I see TR running around 5% for GHYS on the chart?

Understood on NS&I, but I am in ISA and SIPP wrappers on HL. Lovely if there were deposit options in the wrapper.
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King Lodos on 16/04/2018(UTC)
King Lodos
Posted: 16 April 2018 13:31:18(UTC)
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Yeah, respectable over 5 years, with little volatility.

I've been in Royal London Short Duration Credit and GAM Star Credit Opportunities for quite a few years – but I think the risk now is that rates may be headed higher, and that years of stimulus may have propped up a lot of poor quality companies (which you may be buying the debt of in high yield ETFs).

Market calls like this are a dice roll, but I think risks are higher
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Tim D on 16/04/2018(UTC)
Kevin Crane
Posted: 16 April 2018 14:16:47(UTC)
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Agreed... I've been fortunate in being able to stay in higher risk growth positions which has worked out over the last few years - but that will be luck not judgement.

I now want to be more income orientated but not necessarily defensive. I can still take some risk to target higher income. I'd like to find the sweet spot with better than average returns but not push it too far for that extra 0.5% of income and so drift into excessive risk.

So, I am looking at GAM Star, MRCH, HICL, HFEL, SMIF, Chelverton UK Income and several others. These are all new investments to me and it is taking a surprising amount of time to filter and compare (plus managing the overlaps to stay diversified).

I use HL, so have tended to avoid funds to escape the dreaded charges, but I think I am finding that even with the platform charge some of them aren't any more expensive to run than the pricier IT's.
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