Monday 1 December 2014

SEDY.L Purchased

Following my recent trend of re-investing in existing portfolio components, i added to my holding of the iShares emerging markets high dividend ETF earlier in November.

This ETF has been struggling with falls in some emerging markets along with adverse fx movements impacting some of the components. That being said, it has continued to be a solid dividend payer, consistently yielding well over 4%.

I'm trying to avoid adding new ETFs to my portfolio at present as it is already quite large and well diversified, so instead i'm looking to re-invest to (a) maintain a reasonably well balanced portfolio in terms of geographical / industry mix; but also (b) to opportunistically take advantage of market pull backs as buying opportunities, as was the case last month with investments in UK & Europe ETFs.

The unit price for this purchase was around GBP15.45, making it the cheapest tranche of this holding to date.

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