Monthly Archives: April 2023

HSBC April 2023 Dividend

Today, the Hong Kong and Shanghai Banking Corporation pays out its April 2023 dividend

https://www.hsbc.com

US$0.23 per ordinary share = £0.185392 per share

https://www.londonstockexchange.com/news-article/HSBA/total-voting-rights/15900912

the total number of voting rights in HSBC Holdings plc is 19,978,763,972

Thus

19,978,763,972 x £0.185392 = £3,703,903,010.297024

£3,703,903,010.297024 = £3,703 Million = £3.703903010297024 Billion, paid to shareholders.

https://www.londonstockexchange.com/stock/HSBA/hsbc-holdings-plc/company-page

Courtesy of The London Stock Exchange

The ascent of Astra Zeneca

The graph shows the share price ascent of Astra Zeneca plc

https://www.astrazeneca.com

Courtesy of The London Stock Exchange

The market capitalisation is now huge:-

https://www.londonstockexchange.com/news-article/AZN/total-voting-rights/15903213

Thus with the shares at about £121 a share, and the total number of voting rights in AstraZeneca PLC is 1,549,847,275:-

1,549,847,275 x £121 = £187,531,520,275

£187 Billion

https://www.londonstockexchange.com/stock/AZN/astrazeneca-plc/company-page

BCOG: L&G All Commodities UCITS ETF

The L&G All Commodities UCITS ETF aims to track the performance of the Bloomberg Commodity Index Total Return Index

Courtesy of The London Stock Exchange.

TOP 10 CONSTITUENTS (%)

Gold 14.7% of the fund
WTI Crude Oil 8.2% of the fund
Brent Crude 7.8% of the fund
Natural Gas 6.8% of the fund
Soybeans 5.8% of the fund
Copper (COMEX) 5.5% of the fund
Corn 5.4% of the fund
Aluminum 4.3% of the fund
Silver 4.1% of the fund
Live Cattle 3.5% of the fund

Top 10 constituents 66.1%
Rest of Index 33.9%
No. of constituents in Index 24

https://www.londonstockexchange.com/stock/BCOG/legal-and-general-asset-management/company-page

Rio Tinto: Dividend April 2023

The mining giant, Rio Tinto, tomorrow pays out its April 2023 dividend.

https:/www.riotinto.com

185.35p a share.

Courtesy of The London Stock Exchange

https://www.londonstockexchange.com/news-article/RIO/total-voting-rights/15903215

the total number of voting rights in Rio Tinto plc is 1,250,832,245

Thus:

1,250,832,245 x £1.8535 = £2,318,417,566.1075

That is 2.3184175661075 Billion, paid to shareholders.

https://www.londonstockexchange.com/stock/RIO/rio-tinto-plc/company-page

Assets of the Brunner Investment Trust.

The Brunner Investment Trust, is a very old London listed investment trust. The Brunner Investment Trust PLC was formed from the Brunner family’s
interest in the sale of Brunner Mond & Co, the largest of the four companies which came to form Imperial Chemical Industries (ICI) in 1926. Today, Brunner shares are available for everyone to buy and are widely held by both private and institutional investors. It was ICI that spun off its Pharmaceuticals business, which was Zeneca plc, which is now AstraZeneca PLC.

Courtesy of Allianz Global Investors.

https://www.brunner.co.uk/

Total Assets £527.1m
Shares in Issue 42,692,727
Market Cap £453.6m

Top Twenty Holdings (%)

Microsoft 5.3% of the fund
UnitedHealth Group 4.2% of the fund
Visa – A Shares 3.7% of the fund
Muenchener Rueckver 3.4% of the fund
Shell 2.8% of the fund
Microchip Technology 2.6% of the fund
Schneider Electric 2.5% of the fund
Novo Nordisk 2.4% of the fund
TotalEnergies 2.3% of the fund
Taiwan Semiconductor 2.3% of the fund
AMETEK 2.2% of the fund
Roche 2.2% of the fund
YumChina 2.1% of the fund
Unilever 2.1% of the fund
Partners Group 2.0% of the fund
AIA Group 2.0% of the fund
Itochu 2.0% of the fund
Gallagher 2.0% of the fund
Assa Abloy 1.9% of the fund
DNB Bank 1.9% of the fund

Total number of holdings 61

https://www.londonstockexchange.com/stock/BUT/brunner-investment-trust-plc/company-page

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC (BERI)

The Blackrock Energy & Energy Income Trust plc, is a London listed investment trust that aims to achieve an annual dividend target and, over the long term, capital growth by investing primarily in securities of companies operating in the mining and energy sectors

Courtesy of the London Stock Exchange

Top Ten Holdings:-

Glencore plc Ord USD0.01 7.71% of the fund
BHP Group Ltd NPV (DI) 4.45% of the fund
Teck Resources Ltd Class B 3.86% of the fund
Vale SA ADR 3.46% of the fund
Shell plc Ordinary EUR0.07 3.44% of the fund
BP Plc Ordinary US$0.25 3.09% of the fund
ConocoPhillips 2.86% of the fund
NextEra Energy Inc 2.66% of the fund
Canadian Natural Resources Ltd 2.64% of the fund
Samsung SDI Co Ltd 2.62% of the fund

https://www.londonstockexchange.com/stock/BERI/blackrock-energy-and-resources-income-trust-plc/company-page

GlaxoSmithKline PLC: April Dividend

Today, the UK Pharmaceutical’s giant, GlaxoSmithKline plays out its April dividend.

https://ww.gsk.com

13.75p a share.

https://www.londonstockexchange.com/news-article/GSK/total-voting-rights/15903211

The total number of voting rights in the Company is 4,094,947,467

Thus:-

4,094,947,467 x £0.1375 = £563,055,276.7125

£563 million paid to shareholders.

https://www.londonstockexchange.com/stock/GSK/gsk-plc/company-page

Courtesy of GlaxoSmithKline PLC

INRG: ISHARES II PLC GLOBAL CLEAN ENERGY UCITS ETF (DIST) (INRG)

Courtesy of The London Stock Exchange

Top Ten Holdings:-

NEXTERA ENERGY INC 5.95%
UNION PACIFIC CORPORATION 5.04%
American Tower Corporation American Tower Corp Ord USD0.01 4.16%
ENBRIDGE 3.33%
DUKE ENERGY CORPORATION 3.16%
SOUTHERN COMPANY (THE) 2.95%
CANADIAN PACIFIC RAILWAY LTD 2.93%
CANADIAN NATIONAL RAILWAY COMPANY 2.88%
CSX CORPORATION 2.61%
Crown Castle International Corporation Crown Castle USD0.01 2.56%

https://www.londonstockexchange.com/stock/INRG/ishares/company-page

The L&G Artificial Intelligence UCITS ETF

The L&G Artificial Intelligence UCITS ETF (the “ETF”) aims to track the performance of the ROBO Global® Artificial Intelligence Index TR (the “Index”).

Courtesy of The London Stock Exchange

https://fundcentres.lgim.com/en/uk/adviser-wealth/fund-centre/ETF/Artificial-Intelligence/

Top 10% constituents of the fund:-

Alteryx 2.4% of the fund
Rapid7 2.2% of the fund
Nvidia 2.2% of the fund
Global Unichip Corp 2.1% of the fund
Twilio 2.0% of the fund
Atlassian 1.9% of the fund
Splunk 1.9% of the fund
Samsara 1.9% of the fund
Cloudflare A 1.9% of the fund
MercadoLibre 1.9% of the fund

Top 10 constituents 20.4%
Rest of Index 79.6%
No. of constituents in Index 68

https://www.londonstockexchange.com/stock/AIAG/legal-and-general-asset-management

HM UK Government Borrowings: March 2023

Another month, guess what, take a lucky guess, it is the same old story, HM Government, spends more money than it receives via taxes and duties.
Now we are in a post Covid 19 world. UK’s HM Government needs to fund many new demands. [www.dmo.gov.uk]

https://dmo.gov.uk/data/pdfdatareport?reportCode=D2.1PROF7

Another deficit month, thus to bridge the gap, needs to borrow on the bond market in March 2023, the HM Government had to borrow money to meet the difference between tax revenues and public sector expenditure. The term for this is the PSNCR: The Public Sector Net Cash Requirement. There were “only” 7 auctions of Gilts (UK Government Bonds) by the UK Debt Management Office to raise cash for HM Treasury:-

22-Mar-2023 4 1/8% Treasury Gilt 2027 £3,500.0000 Million
21-Mar-2023 3¾% Treasury Gilt 2053 £2,464.9990 Million
14-Mar-2023 3¼% Treasury Gilt 2033 £3,749.9990 Million
08-Mar-2023 0½% Treasury Gilt 2061 £2,500.0000 Million
07-Mar-2023 3½% Treasury Gilt 2025 £4,500.0000 Million
02-Mar-2023 0 1/8% Index-linked Treasury Gilt 2051 3 months £736.8250 Million
01-Mar-2023 3¾% Treasury Gilt 2038 £3,124.9990 Million

£3,500.0000 Million + £2,464.9990 Million + £3,749.9990 Million + £2,500.0000 Million + £4,500.0000 Million + £736.8250 Million + £3,124.9990 Million = £20.576,822 Million

£20,576.822 Million = £20.576,822 Billion

On another way of looking at it, is in the 31 days in March 2023, HM Government borrowed:- £663.76845161290322580645161290323 Million each day for the 31 days.

We are fortunate, while the global banking and financial markets still has the confidence in HM Government to buy the Gilts (Lend money to the UK), the budget deficit keeps rising. What is also alarming, is the dates these bonds maturing from 2027 to 2061. All long-term borrowings, we are mortgaging our futures, but at least “We Are In It Together……

2022-23 ISA Selection

https://www.fidelity.co.uk/factsheet-data/factsheet/IE00B9KNR336-ssga-spdr-etfs-europe-i-plc/key-statistics

Courtesy of Fidelity

https://www.fidelity.co.uk/factsheet-data/factsheet/IE00B6YX5D40-ssga-spdr-etfs-europe-i-plc/key-statistics

Courtesy of Fidelity
Courtesy of Fidelity

https://www.fidelity.co.uk/factsheet-data/factsheet/GB0003466074-fc-investment-trust-plc/key-statistics

Courtesy of Fidelity