Juliet model portfolio - immediate income, higher risk

Who is it for: 
  • Investors looking primarily to maximise their starting income and to maintain the value of their capital who are prepared to take greater risks with their capital to achieve these aims.
  • Investors must be able to afford for their income to fall and to lose some of their capital under a worst case scenario.
  • May be suitable for retired investors with other secure sources of income who are seeking to maximise the income returns from their capital.
  • May also appeal to investors approaching retirement who can opt to reinvest their dividends until required as part of a growth strategy.
Juliet Money Observer model portfolio icon
What it looks like: 
Fund Role in portfolio
Artemis Global Income Invests in strong companies globally for income, has low UK content. View Factsheet
Picton Property Income Commercial property is still an attractive source of income and this trust trades at a much lower premium (2 per cent) than the F&C Commercial Property trust it replaces. View Factsheet
TB Wise Income Looks for attractive income-paying assets across the widest spectrum. View Factsheet
Marlborough Global Bond Highly diversified bond fund which aims to produce a high, low risk, income. View Factsheet
Axa Framlington Monthly Income Mixes high-yiedling stocks with lower-yielders that have growth potential. View Factsheet
Premier Optimum Income Similar income to the Schroder Income Maximiser fund it replaces but with better total return. View Factsheet
Why were these funds selected: 

Although consisting mainly of equity funds, this portfolio contains a mixture of three asset classes. Marlborough Global Bond gives it a broad based fixed interest content with an above average yield for its sector. Picton Property Income has a similar yield to its predecessor F&C Commercial Property but trades at a lower premium of 2 per cent.

Axa Framlington Monthly Income is included with its yield of more than 4 per cent from a mix of high-yielding stocks and lower-yielding companies with growth potential Run by industry veteran George Luckraft. Premier Optimum Income can provide a good level of income and an enhanced total return. TB Wise Income can invest in income-paying assets across the widest spectrum, including fixed interest, commercial property, shares and alternatives such as private equity and infrastructure, anywhere in the world. Finally, Artemis Global Income gives the portfolio its international exposure.

Click here to view the live Juliet portfolio factsheet

Where to get it: 

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Timeline: 

2018

  • Sell Rathbone Income

  • Buy Axa Framlington Monthly Income

    A yield of 4 per cent from mainly blue chip names such as BP and AstraZeneca.

2018

  • Sell Schroder Income Maximiser

  • Buy Premier Optimum Income

    Provides good income combined with decent returns.

2017

  • Sell F&C Commercial Property

  • Buy Picton Property Income

    This trust has a similar yield to the F&C trust it replaces but trades at a much lower premium of 2 per cent.

2017

  • Sell Invesco Perpetual Income

  • Buy TB Wise Income

    Can invest in income-paying assets across the widest spectrum.

2016

  • Sell Henderson UK Property

    We feel it would be highly advantageous to hold our property exposure in a closed-ended fund.

  • Buy F&C Commercial Property

    Provides attractive source of income and has strong performance record.

2015

  • Sell AXA Global High Yield

    Concerned about narrow focus on high yield bonds.

  • Buy Marlborough Global Bond

    Well diversified fund with scope to invest in all types of bonds.

2014

  • Sell CF Miton UK Multi Cap Income

    Soft closed.

  • Buy Rathbone Income

    Dependable multi cap UK equity income fund.

  • Sell Schroder Global Equity Income

    Change of manager.

  • Buy Artemis Global Income

    Good international diversification with low exposure to the UK.

2013

  • Sell M&G Optimal Income

    Falling yield has made fund less attractive for immediate income seekers.

  • Buy Henderson UK Property

    More attractive yield and scope for income and capital growth.

  • Sell Kames High Yield

    Disappointing performance.

  • Buy CF Miton UK Multi Cap Income

    Attractive yield with bias towards small and medium sized companies.

  • Sell Murray International

    Premium to net asset value too high making it unattractive to new investors.

  • Buy Schroder Global Equity Income

    Invests internationally in solid companies with stable business models.

2012

  • Buy AXA Global High Yield

    Provides high income from high yielding global bonds.

  • Buy Kames High Yield

    Provides high income from high yielding global bonds.

  • Buy Invesco Perpetual Income

    Solid UK equity income performer.

  • Buy M&G Optimal Income

    Strategic, go-anywhere bond fund.

  • Buy Murray International

    Provides global diversification with significant exposure to Asian and emerging market equities.

  • Buy Schroder Income Maximiser

    UK equity income fund with enhanced yield from sales of options.

Last updated: 
17 Jan 2018