After spending most of the year sitting on the sidelines & watching most equities markets rally, i've decided to re-enter the market to top up an existing holding.
IAPD is an Asia Pacific high dividend ETF, with a heavy weighting towards Australia & New Zealand. Its price has fallen recently, i think largely due to fx movements, as the Australian Dollar has weakened to a multi year low against GBP.
It yields well over 5%, and my long term views for Australia remain positive given its core economic strength. It therefore offered relatively good value in comparison to the other main core holdings in my portfolio, and now becomes one of the largest individual holdings.
The purchase price of this tranche was around GBP20.05.