This trust invest in UK equities, aiming to provide growing income as well as capital growth.
It’s a good value play, I am looking forward to seeing what the new management team are doing. Those that bought before the first vaccine announcement are sitting on over 30% profit. I first bought them in early October so I am very happy right now
Although I’ve been topping up since March, I’m a long term holder of TMPL so my holding is still looking rather sad!
But I’m glad I kept hold of them - have confidence they will recover.
Got any details? What’s attractive about this trust ?
There has been a change in who manages the trust. Check on the website for information.
The information below can be found on their webpage TMPL. The current portfolio breakdown is
- UK Equities 51.03%
- European Equities 11.6%
- US Equities 17.6%
- Cash & Equivalents 16.6%
- Physical Gold & Silver 3.1%
and the top holdings are
|Travis Perkins plc||5.2%|
|American Express Company||3.3%|
|Sprott Physical Silver Trust||3.1%|
|MCcarthy & Stone PLC||3.0%|
|Baidu, Inc. Sponsored ADR Class A||2.9%|
It looked bombed out and sad 2 months ago.
Small update regarding Temple Bar. Have a look at citywire’s latest weekly update citywire. The trust is up 39.2% over one month. Little consolation for long term holders just yet but this is looking like a decent recovery in progress.
The portfolio has been largely overhauled by now. According to the trust’s website UK shares now amount for about 75% and they sit on almost 9% cash. The latest top holdings are
|Royal Mail plc||5.0%|
|Anglo American plc||4.6%|
|Standard Chartered PLC||4.5%|
|Royal Dutch Shell Plc Class B||4.4%|
|NatWest Group Plc||4.3%|
|Marks and Spencer Group plc||3.8%|
A lot of these make sense, though there all large companies. I presume thats there focus? Rather than small UK companies that have potential?
Not so sure about Vodafone though, they still had significant structural issues last i checked. Saying that a lot of communication companies do.