After an awesome 2018/19 when my 2nd experimental Dogs of the FTSE portfolio romped home with 8.77% gains (16% including dividends), I was
stupidly quietly confident that they would do the same again for 2019/20.
Sadly, like everyone else, I hadn’t counted on the pandemic.
So one year on and my 3rd experimental portfolio has been quite a disaster, to put it bluntly.
As a reminder, here’s the Dogs of the FTSE strategy:
- Choose the ten FTSE 100 shares with the highest yield (subject to my criteria*)
- Invest equal amounts in all ten shares
- Hold for a year (give or take a week)
- At the end of the year, sell the ones no longer in the top ten, replace with new shares with highest yield
- Repeat from step 3
[*criteria being that shares already in my portfolio are not included, nor any where a dividend cut has been announced]
Here’s how the 2019/20 portfolio looked after a year (as at 8th June 2020):
Ouch – look at all the red numbers!
An overall loss of -20.09%; -15.46% if you include dividends paid out.
Over the same period, the FTSE 100 Total Return was -9.60%.
Only one of the Dogs showed showed any significant profit (Persimmon) so a woeful performance overall.
It’s always been my intention to run this as a (minimum) 5-year experiment so the Dogs will be back for their 4th outing very soon.
There’s likely to be a brutal culling – mangy mutts hopefully replaced by Dogs with a bit more pedigree!
I’ll get this new portfolio set up soon, so will do an update in a couple of weeks.
My Random Share Portfolio is made up of free shares awarded to me whenever someone signs up to Freetrade* via my affiliate link, bagging us both a random free share (worth between £3 and £200) in the process.
Here’s the full portfolio – it’s gotten a bit too big to do a full copy and paste.
Thanks to all who have signed up via my link – hope you all got a decent free share!
I’ve actually sold a couple during the recent market recovery (whenever any showed >40% gains) and replaced them with more random shares.
Until next time – keep calm and carry on investing!