My latest Dogs of the FTSE experimental portfolio was set up in June 2021, so it’s time for an update.
I appear to have timed it just as the markets have gone a bit rubbish.
Here’s a reminder of the Dogs of the FTSE strategy (which is based on the US Dogs of the Dow 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]
Note that this is part of my ‘fun’ portfolio and represents less than 1.5% of my Future Fund – it is not what I do as a main investing strategy. All dividends received are reinvested.
In the Doghouse
The mutts are all looking rather poorly, drowning in a sea of red numbers.
The only two Dogs showing any gains are the two energy stocks (National Grid and SSE), flying in the face of a potential gas shortage crisis.
Over the same period, the FTSE 100 Total Return was -0.76% so the Dogs are doing terribly at -10.71%.
Even with dividends received included, it’s a loss of –8.33%, so not a great start.
Will be interesting to see how they survive the winter…
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.
I’ve kept most of the shares, occasionally selling when the odd one or two gain by >20%.
Money from the sales of any random shares are chucked into my ISA, with a few quid going towards my Winter Rock Associates Fund 😉
A big thanks to all who have signed up via my link in the past – hope you all got a decent free share!