Over the last month I’ve split my £100 between 8 companies and funds, with a little focus on quite high risk and low-cost shares which proven to be very volatile.
Thus far, we are down on the majority of shares. AFC Energy from last month is down around 10%, iShares Global Clean Energy is up about 7%, while Mitchells & Butlers (my smallest investment) is up a whopping 40%, likely being driven by hype around the return to normality after the lockdown. This month’s investments are also a little all over the place, with Pineapple Power currently being down by 19.75% and various other ones fluctuating by a few percent.
Obviously, the idea is to look at these over a number of years, not simply after one month.
Overall, my portfolio has grown by 0.25%, verses FTSE100 which has grown 3.79% in that time. Evidently at the moment I would have gained more by investing directly in the FTSE100, or the S&P500, but then this blog would be just a little more boring, right?
These charts update (almost) daily and show my current portfolio in real time, so may not reflect what is mentioned in the post in several days/weeks/months/years. I may look for another solution for this.
Shares bought in the last month;
I deposited another £100 into my Freetrade account (you can get a free share worth up to £200 if you join here), however the below shares cost a total of £100.96, because I spent a little less than the target last month.
At the time of writing, this month’s £100.96 of shares is worth £104.09, which is a profit of about £3.13. Overall I have invested £199.59 and have a portfolio balance of £200.08.
Here’s this month’s investments:
Pineapple Power (PNLP)
A US-style SPAC (special purpose acquisition company) which raised funds in order to invest in a Vanadium mine. Thus-far having not acquired any other companies, the share is quite high risk as there is little information around what they will actually do. However, I am young(ish) and can afford some risk, so the potential upside of a small £25 investment could be worth a “punt”.
Out of pure luck, I bought a handful of shares right before the price jumped and within a day had made 30%+ profit. I took the profit out, leaving me with the number of shares below and lowering my average buy-in price, to put that profit into another company.
184 shares at £0.0917
Total cost: £16.87
Foresight Solar (bought with PNLP profits)
An investment trust which buys out ground-based solar farms, paying a 6.77% dividend at the time of purchasing. This was effectively free considering I sold the profits generated from PNLP above to buy these. They are on a downward trajectory since the pandemic, so I am hopeful that this is a nice discounted price which will turn around after some good news is released.
8 shares at £1.0275
Total cost: £8.22
Renewables Infrastructure Group (TRIG)
A trust which invests in infrastructure for renewable energy and pays a dividend of 5.36% at the time of purchasing. This has seen decent growth in the two years prior to the pandemic but has stalled since then. You will see that I do have some focus on green energy in some of my picks each month, because I expect this to become exponentially bigger in the future. Regardless of price movement the dividend will provide a nice annual return (percentage-wise at least).
20 shares at £2.53
Total cost: £25.27
Templeton Emerging Markets (TEM)
A trust with holdings in emerging markets mostly in China, Taiwan and Korea. Some of their largest holdings are Taiwan Semiconductor, Tencent, Samsung and Alibaba – all appear to have good growth opportunities and should be solid purchases.
1 share at £10.10
Stamp duty: £0.05
Total cost: £10.15
Greencoat UK Wind plc (UKW)
These operate wind farms through the UK and offer a 5.03% dividend at the time of writing. They are expanding nicely and have just in the last couple of weeks acquired a 24% stake in their first wind farm in the US.
10 shares at £1.3610
Stamp duty: £0.07
Total cost: £13.68
Evraz Steel plc (EVR)
An iron ore mining and steel manufacturing firm, currently offering an 8.88% dividend (wowsers!). Their production has been almost unaffected by the pandemic while demand for steel appears to be increasing. JP Morgan and other firms are raising their price targets for this stock which is promising. I’ll be keeping an eye on this a little more as the market looks like it’s set for growth, and that dividend is very attractive.
2 shares at £5.075
Stamp duty: £0.05
Total cost: £10.20
Pan African Resources plc (PAF)
A very low market cap gold producer. Their gold production in H2 2020 increased almost 6% and their net debt was reduced by almost 50%. They’re set to build solar plants at one of their mines and may roll this out to others if successful, to provide 30% of their power through the day. I’m quite impressed by their strive to ‘go green’ as their industry is typically dirty. With their debt coming down so quickly, this looks like one that could very quickly turn out a nice profit.
40 shares at £0.2428
Stamp duty: £0.05
Total cost: £9.76
iShares MSCI World ETF (IWDG)
A nice, simple ETF which tracks the performance of large and mid-cap companies in developed markets, holding Apple, Microsoft, Amazon, Facebook, Tesla, Alphabet (Google) and similar companies. This looks like the safest option in this month’s list.
1 share at £6.81
Total cost: £6.81