Equity income fund and REIT recommendations

Equity income fund and REIT recommendations

Author
Discussion

Zippee

Original Poster:

13,463 posts

234 months

Tuesday 19th August 2014
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Hi all, I have a starting 5k to invest long term and want to potentially split across a couple of fund types. I’m considering 3k or so into the Neil Woodford equity income fund via Hargreaves, with a low .6% charge it hopefully should be a good steady long term bet. Current price is .2 over launch of 100 (missed the boat at 97.5p) – what are peoples thoughts on this fund and manager? I know he’s very well respected and did a fantastic job, albeit in totally different market conditions with Invesco. Alternatively any others I should consider?

Second option for the remaining 2k (though this can be upped) is a REIT, can anyone recommend some good ones, where to start for research etc? My gut feel is they’re a good intro into the real estate market and I know there can be some good returns as a result but whilst I don’t mind a medium risk I don’t want anything too dangerous 

marky1

1,046 posts

196 months

Thursday 21st August 2014
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Kennedy Wilson Europe PLC (KWE) Floated this year, raised approx 1bn, almost all invested. Porfolio yield is around 7%, I think you will struggle to find better. If you want slightly more risk maybe go with Hispania but it is focussing on Spain.
For more info on KWE go to this link and open the PDF on the right that says Investor Presentation 2014. You can see the portfolio and rents. http://www.kennedywilsoneuropeplc.com/phoenix.zhtm...

Zippee

Original Poster:

13,463 posts

234 months

Thursday 21st August 2014
quotequote all
Thankyou for that - I'll take a good look tomorrow smile

Salgar

3,283 posts

184 months

Wednesday 3rd September 2014
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For property there is this, it's fairly consistent: http://www.bloomberg.com/quote/SLIPRRA:LN

Equity/Bond income any of the lifestrategy funds.
http://www.bloomberg.com/quote/VGLS80I:LN