Investment Trust Dividends
With all dividends announced for the first 6 months, the income figure will be £7,261. Do not scale, as the figure includes a special dividend. The final figure is expected to be around 12k.
Income will match the 2030 target, next year the 2031 target may not be achievable and the SNOWBALL may have to miss a year, although it will be still be ahead of the 2030 target. Remember if you can increase your income by at least 7% a year, your income will double every ten years.
The SNOWBALL has bought 654 shares in SDIP for 5k.
Previous profit for the SNOWBALL £1,563
All future dividends will be re-invested back into SMIF or SDIP depending on their relative merits at the time.
I’ve sold XSTR, yielding 4% for a tiny profit including all charges.
I’ve bought £7,500 of SMIF, they are xd this week for 50p and pay a monthly dividend. Previous profit in the Trust £855.00
A High Court freezing order covers founders Stephen and Stuart Pratt and two associates
The brothers behind a suspected motorway service station Ponzi scheme have been hit by a multi-million-pound asset-freezing order.
Administrators for Godwin Capital, which collapsed in June last year, successfully obtained a £155m High Court freezing order against the directors and associated companies. The order covers the business’s founders, brothers Stephen Pratt and Stuart Pratt, and two other associates.
Administrators of MHA cited mismanagement, fraudulent trading and breach of fiduciary duty when obtaining the order, according to a letter seen by The Telegraph.
Godwin Capital’s collapse last year left thousands of Britons out of pocket. The company had raised hundreds of millions of pounds from thousands of small-time investors who provided loans of between £5,000 and £50,000 each and were promised returns of 10pc or higher.
Investors were told their money would be used to build residential and commercial properties, including motorway service stations, and that their loans would be secured against the properties.
Some of the projects were built, such as the Ram Jam Service station on the A1.
However, after Godwin collapsed, administrators allegedly discovered that loans were not secured against properties and funds had instead been used to repay other investors in an apparent Ponzi scheme.
Overall, it is believed that around 2,500 investors could have lost as much as £150m.
Martin Richardson, senior partner at Richardson Hartley Law, which is representing some of the investors who lost money in the scheme, said: “Investors’ money was clearly not spent in a way for which they intended when they sent the money.
“We have scores of clients whose lives have been ruined by this incredibly sophisticated scheme that took tens of millions of pounds with little or no returns.”
Barry Coffey, a partner at law firm Mishcon de Reya who specialises in fraud investigation and recovery, told Bisnow, a commercial real estate newspaper: “If there was money coming in which has been used to pay off prior investors, that would appear to be a Ponzi scheme.”
Hilary Randall, a 72-year-old retired lab technician, lost £20,000 investing in Godwin Capital – almost all of her entire life savings – after being introduced to the scheme by a friend.
She was promised annual returns of up to 12pc and was repeatedly asked to invest more money in the scheme. After she asked to withdraw her funds, she was told to wait another 12 months, during which time the company collapsed.
Ms Randall is now entirely reliant on her pension to support her.
“I was contemplating having to sell the house to get some money taken out for me to live off,” she said. “I want to go on holiday; that’s what this money was supposed to be for after I retired, and I was going to get the money out, ironically, and then obviously it all went kaput.”
Stephen Jones, a 62-year-old self-employed landscape gardener, invested £90,000 with Godwin Capital – his savings and also his pension. He received no further communications from the company after investing and has been unable to contact anyone since.
“I’d gone to the office in Birmingham, and they’d cleared the stuff out two or three weeks before they went into administration,” Mr Jones said.
“They sent a proper professional leaflet with all the directors explaining the debenture. Yeah. And they told you about the directors, people with a lot of experience, a lot of years of investment.
“These men would have nice houses. They’d have had a good salary out of it. They seemed very professional. So why do what they’ve done?”
Lawyers for the directors were contacted for comment.
In 2003, the Pratt brothers began converting a former office building in central Nottingham, owned by their father, into luxury homes. The project was planned and administered from their parents’ dining room, giving rise to the company name Godwin Developments, after the 19th-century architect who designed their family home.
It wasn’t until 2018 that they launched the company’s associated finance division, Godwin Capital, and started raising money from retail investors in earnest.
It’s difficult enough buying companies quoted on a stock market, it’s a potential can of worms if you venture outside of the market.
Chart does not include income.
Chart includes income but re-invested back into your Snowball or used to pay the grocery bill. The SNOWBALL previously held SDIP and sold for a profit of £1,563, using good ole hindsight it could have been bought back after the April dip, of course subject to funds being available.
JEPI,JEPQ,QYLD cannot be held in an AJ Bell UK SIPP only in a dealing account which is not a tax free vehicle.
With the Gulf of Hormuz opening to shipping, unless it doesn’t, I’ve decided to invest the money invested at XSTR into monthly paying ETF’s.
The SNOWBALL is overweight with Renewables for their higher yield but as time ticks by there is likely to be consolidation in the sector and any cash will need to be re-invested. There will only be a modest amount invested in each ETF to monitor the reaction between income and capital loss/growth.
A blended variable yield of 9.5%, which give the SNOWBALL another £770 in income versus the holding in XSTR
13 February 2020 | by Dominique Riedl
Albert Einstein reputedly called compound interest the Eighth Wonder of the World. Warren Buffett calls it the most important factor in successful investing. Better still, every single investor can profit from “man’s greatest invention” (Albert Einstein), not just geniuses or billionaires.
The compound interest effect refers to the snowball of money that grows on your behalf when you reinvest your interest.
An interest (or dividend) payment you put to work in the market today will generate more interest for you tomorrow. That’s because your interest also earns interest. And the longer you give your interest to pile up, the mightier your snowball becomes. Let’s look at a practical example to illustrate the compound interest effect…
If you invest £10,000 at a 5% rate of return then you will earn £16,288.95 over ten years, not just £15,000.
The compound interest effect creates an extra £1,288.95 that you would not have earned if you had just spent the interest every year.
The effect becomes more powerful over time.
Imagine that an investor – we’ll call him David – wants to save up a nest egg of £100,000 by the time he retires at age 65.
The chart below shows how much David needs to put away to reach his goal depending on how soon he starts saving. (We assume an annual growth rate of 5%, which is quite conservative by the standards of the last 40 years.)
The key takeaway is that the longer compound interest gets to work its magic, the less David needs to pay in himself.
If David does nothing until age 60 then he needs to find a whopping £1,468.64 per month to hit his target. There is little time for compound interest to help his cause.
But if some kindly relative starts saving for David from the day he is born then only £17.77 needs to be found a month – a snip for David to save himself once he starts earning.
Even if David waits until age 25 then he need only put aside a modest £67.18 per month to reach £100,000 by 65.
The difference in required savings between each of the start dates is how much of the £100,000 is taken care of by your accumulating interest payments.
Even small contributions can snowball if compound interest is given enough time to generate its own momentum.
If you start early enough then compound interest payments will eventually surpass the amount of money that you pay in.
Returning to our David example, you can see below how much of his £100,000 target comes from compound interest (orange bar) versus paid in savings (white bar).
In this scenario, David’s interest payments are 6.2 times greater than his actual paid in savings! Compound interest does the vast majority of the work – bringing home £86,143.01 without David having to lift a finger.
The 25-year-old David is in a comfortable position as well. About two-thirds of his £100,000 comes from interest payments. He only has to personally find £32,245.83.
The earlier you can start saving, the more compound interest will do the heavy lifting for you.
It’s one of the most valuable yet underestimated factors in an investor’s long-term plan because its effect is relatively imperceptible at first. Compound interest is the financial equivalent of the old Chinese saying: The man who moves a mountain begins by carrying away small stones.
The greater your return on investment, the more powerful the compound interest effect becomes, which is why it’s best leveraged by reinvesting the profits you make in the stock market.
🌙 THE PURE MONTHLY‑PAYING INCOME PORTFOLIO
This version uses only UCITS ETFs with confirmed monthly distribution share classes.
Category: Monthly covered‑call equity Yield: ~12% Role: Primary income engine Why monthly: UCITS version distributes monthly
This is the highest‑yielding monthly payer available in the UK.
Category: Monthly covered‑call equity Yield: ~10% Role: Stability + diversification Why monthly: UCITS version distributes monthly
Balances the tech‑heavy Nasdaq exposure.
Category: Global high‑yield equities Yield: ~11% Role: Global diversification + high income Why monthly: UCITS “SuperDividend” share classes pay monthly
This prevents the portfolio from becoming too US‑centric.
Category: Global equity income with option overlays Yield: ~5–6% Role: Smooths income when volatility drops Why monthly: UCITS enhanced‑income share classes pay monthly
This is your “volatility stabiliser”.
Category: Monthly credit income Yield: ~5–7% Role: Defensive ballast Why monthly: UCITS short‑duration HY credit ETFs pay monthly
This reduces drawdowns and adds non‑equity income.
| Component | Allocation | Yield | Purpose |
|---|---|---|---|
| Nasdaq‑100 Covered‑Call | 30% | ~12% | High‑octane income |
| S&P 500 Covered‑Call | 20% | ~10% | Income stability |
| Global SuperDividend | 20% | ~11% | Global diversification |
| Global Enhanced‑Income Equity | 20% | ~5–6% | Volatility smoothing |
| Short‑Duration High‑Yield Credit | 10% | ~5–7% | Defensive ballast |
≈ 8.2% – 10.8%
Every holding pays monthly.
Using the mid‑range yield (≈9.5%):
So ~£63k invested in this monthly‑only portfolio targets £500/month.
This is the cleanest monthly income engine you can build in UCITS.
5 high yielding ETF s tradeable in the UK
Here are five of the highest‑yielding ETFs that are tradeable in the UK, based strictly on current yield data from UK‑accessible sources. These are all UCITS ETFs, meaning they can be bought via UK brokers and held in an ISA or SIPP.
Ranked by current dividend yield (GBP‑based where available)
| ETF | Yield | Region | Style |
|---|---|---|---|
| Global X Nasdaq 100 Covered Call | 12.11% | US | Covered‑call income |
| Global X SuperDividend UCITS (SDIP) | 11.11% | Global | High‑yield equities |
| Global X S&P 500 Covered Call | 9.91% | US | Covered‑call income |
| iShares EM Dividend (SEDY) | 7.97% | EM | Dividend equities |
| Xtrackers Global Select Dividend (XGSD) | 6.7% | Global | Dividend equities |
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