DISCOUNT TO NAV 5.7% YIELD 4.6%
TER 0.92% GEARING 111
Excellent record. A year ago was on a premium of 5%
DISCOUNT TO NAV 6.4% YIELD 4.36% TER 0.51 GEARING 116
DISCOUNT TO NAV 8.9% YIELD 5.6% TER 0.51% GEARING 125
DISCOUNT TO NAV 5.4% YIELD 4.07% TER 0.95% GEARING 119
No gearing makes it less volatile - but less advantage when stocks are rising
DISCOUNT TO NAV 3.9% YIELD 4.83% TER 0.94% GEARING 100
Designed to replicate the UK stock market.A good buy if the FTSE is around 5000.
DISCOUNT TO NAV 5.4% YIELD 4.1% TER 0.31 GEARING 100
UK INCOME
CITY OF LONDON
Has enough cash reserves to support the dividend for several years. Increases its dividend yearly by more than rise in inflation.
DISCOUNT TO NAV 4.9% YIELD 5% TER 0.51% GEARING 109
GLOBAL INCOME AND GROWTH
It has 20% in cash or bond funds, which will react differently to equities.
DISCOUNT TO NAV 8.8 YIELD 5.03 TER 0.79 GEARING 133
It has 25% in fixed interest.
PREMIUM TO NAV 0.3+ YIELD 7.3 TER 1.0 GEARING 122
A terrific record behind it. 22% invested in China. The only problem in the premium - perhaps look at the Henderson unit trust (below) which has recently been re-formed and has the same manager, Mike Kerley.
PREMIUM TO NAV 2.8+ YIELD 4.34 TER 1.19 GEARING 100
An alternative to the Henderson Far East Income Trust. Expect a TER in excess of 1.5, but around third of this - the trail commission - should come back if bought and held on the Alliance platform. Yield can be expected to be similar to the Far East Investment Trust.
A first class trust with a top manager, it stands at a premium of around 1.3%, but this might be worth paying.
PREMIUM TO NAV 1.3% YIELD 3.35% TER 0.83 GEARING 120
UK AND GLOBAL GROWTH
A good yield for a growth trust.
DISCOUNT TO NAV 14% YIELD 2.5% TER 1.02% GEARING 100
A quarter of the assets are in North America, and a quarter in Europe.
DISCOUNT TO NAV 14.7% YIELD 2.4% TER 0.51% GEARING 118
Managed by Sue Rippingale, focussing on small Far East companies that are starting to produce dividends.
DISCOUNT TO NAV 8.5% YIELD 1.8% TER 1.06% GEARING 100
Long established - big concentration on Brazil, 20% China.
DISCOUNT TO NAV 6% YIELD 0.75% TER 1.45% GEARING 100
PROPERTY
TR PROPERTY
A long dependable track record.
DISCOUNT TO NAV 7.8% YIELD 3.36% TER 0.79% GEARING 105
FIXED INTEREST
AVIVA CUMULATIVE IRREDEEMABLE PREFERENCE SHARES 8.75%
These fell to 80p last summer when it seemed the skies were falling, but have been as high as 160p. They are currently around 120p, which gives a yield of around 7.7%Managed by Paul Read and Paul Causer.
DISCOUNT TO NAV 6.0% YIELD 9.3% TER 1.4% GEARING 157
High grade bonds and secure loans. Europe and UK focus
DISCOUNT TO NAV 8.2% YIELD 6.6% TER 1.4% GEARING 116
