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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: SeeksQuality who wrote (7892)	8/10/2024 6:04:28 PM
From: SeeksQuality	Respond to of 21841

RE: horrible total return performance relative not just to the S&P500 but also to their benchmark Apologies, that may have been unfair. I had looked at the Aberdeen site and their Fact Page for the fund, which cited three-year NAV total returns of 3.13% vs. 4.66% for the "S&P Global Infrastructure Index (Net TR)". That's a pretty bad miss, and (over a three year period) the kind that would have me quit attempting to manage my own funds and turn them over to professionals. On the other hand, Morningstar compares it to their own version of an Infrastructure index, with three-year returns that are very similar to ASGI. (I can't get the numbers to line up between the official ASGI fact sheet and Morningstar, but assume they are calculated consistently within each site.) Important to choose a relevant benchmark for any strategy. It is possible that they truly follow the S&P benchmark but are dragged down by the high management fees? Or possible that they are doing something different, closer to what the Morningstar index follows.

To: SeeksQuality who wrote (7892)	8/11/2024 12:19:01 PM
From: macbolan	Read Replies (2) \| Respond to of 21841

Well it's good I don't rely on CEFs for the bulk of our income then. I hold 23 CEFs (Oops I said I was only going to hold 20 but they got away from me.) The sum of all those CEF positions amount to just under 5% of our total portfolio. I went into the CEFs with an upper limit of 5%, I think I'm gonna try to hold to that. I'm going to pay attention to the SC/NA CEF recommendations and slowly get out of ones they do not favor...i.e. GOF and perhaps several others. The overall numbers from SSD show a Dividend Yield of 3.38% and a Beta of 0.75....so the bulk of our investments are pretty safe and boring Blue Chips....which I'm totally OK with. Thanks for your perspective....it's always appreciated. How's that canning coming along :-)