The objective of the Fund is to track the performance of the FTSE World (ex UK) Index
Fund size is £3,795.7m
This fund may be suitable for investors looking for growth by tracking the shares in
middle and large capitalisation companies across all economic sectors that are in the
developed and advanced emerging markets globally (excluding the United Kingdom) as
represented by the index
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 Sept 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” 5 auctions of Gilts (UK Government Bonds) by the UK Debt Management Office to raise cash for HM Treasury:-
22-Aug-2023 0¾% Index-linked Treasury Gilt 2033 3 months £1,840.0250 Million
15-Aug-2023 1 1/8% Treasury Gilt 2039 £2,500.0000 Million
09-Aug-2023 3¼% Treasury Gilt 2033 £3,500.0000 Million
08-Aug-2023 0 1/8% Index-linked Treasury Gilt 2039 3 months £1,104.5000 Million
01-Aug-2023 3½% Treasury Gilt 2025 £4,000.0000 Million
£1,840.0250 Million + £2,500.0000 Million + £3,500.0000 Million + £1,104.5000 Million + £4,000.0000 Million = £12,944.525 Million
£12,944.525 Million = £12.944525 Billion
On another way of looking at it, is in the 31 days in August 2023, HM Government borrowed:- £417.56532258064516129032258064516 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 2025 to 2039. All long-term borrowings, we are mortgaging our futures, but at least “We Are In It Together……“
Witan is an investment trust which aims to grow shareholders’ wealth and outperform through active investment primarily in listed individual companies across a broad spread of global equity markets.
https://www.witan.com/about-witan/our-strategy
SECURITY % OF TOTAL INVESTMENT
GMO INVSTS ICAV CLIMATE CHANGE INVST A GBP ACC 6.24 % of the fund
APAX GBL ALPHA NPV 2.62 % of the fund
VH GBL SUSTAINABLE ENERGY NPV 2.53 % of the fund
PRINCESS PRIVATE EQTY HLDGS ORD EUR0.001 2.02 % of the fund
MICROSOFT CORP USD0.00000625 1.61 % of the fund
DIAGEO GBP28.93518 1.60 % of the fund
NATWEST GRP GBP1.0769 1.53 % of the fund
BP USD0.25 1.51% of the fund % of the fund
AMAZON.COM USD0.01 1.45 % of the fund
ALPHABET A USD0.001 1.35% of the fund
AIB GRP NPV 1.35% of the fund
CANADIAN PACIFIC KANSAS CITY NPV 1.25 % of the fund
MASTERCARD A USD0.0001 1.24 % of the fund
RELX GBP0.144397 1.22% of the fund
LONDON STK EXCHANGE GRP GBP0.06918605 1.21% of the fund
WRLD WRESTLING ENTERTAIN A USD0.01 1.18% of the fund
NVIDIA CORP USD0.001 1.18% of the fund
NINTENDO CO NPV 1.15% of the fund
UNITEDHEALTH GRP USD0.01 1.12% of the fund
BLACKROCK WORLD MINING TST ORD GBP0.05 1.12% of the fund
SYNCONA ORD NPV 1.09% of the fund
MONDELEZ INTL USD0.01 1.08% of the fund
VANG FTSE250 GBPD 1.04% of the fund
PEPSICO USD0.017 1.01% of the fund
SCHRODER REAL ESTATE INV TST ORD NPV 0.99% of the fund
INTUIT USD0.01 0.99% of the fund
HEINEKEN HLDGS EUR1.6 0.96% of the fund
LLOYDS BANKING GRP GBP0.1 0.95% of the fund
UNILEVER GBP0.031111 0.94% of the fund
AIRBUS SE EUR1 0.93% of the fund
FAIR ISAAC CORP USD0.01 0.90% of the fund
THERMO FISHER SCIENTIFIC USD1 0.89% of the fund
ARCELORMITTAL NPV 0.87% of the fund
COMPAGNIE DE ST GOBAIN EUR4 0.86% of the fund
VINCI EUR2.5 0.85% of the fund
HARBOURVEST GBL PRIVA NPV 0.83% of the fund
LANSD DEVL MKT OPP SUB-AGBPA 0.82% of the fund
CHARTER COMMUNICATIONS -A USD0.001 0.80% of the fund
BANK OF IRELAND GRP NPV 0.80% of the fund
LINDENWOOD USD 0.79% of the fund
CRH EUR0.32 0.76% of the fund
INTERCONTINENTAL EXCHANGE GRP USD0.01 0.75% of the fund
UNILEVER GBP0.0311 0.73% of the fund
MOODYS CORP USD0.01 0.72% of the fund
COOPER COS COM USD0.10 0.71% of the fund
TAIWAN SEMICONDUCTOR MANUFACTURING 1 ADS REP 5 ORD TWD10 0.71% of the fund
LVMH MOET HENNESSY LOUIS VUI EUR0.3 0.70% of the fund
PRYSMIAN EUR NPV 0.68% of the fund
SHISEIDO CO NPV 0.67% of the fund
AENA SME EUR10 0.66% of the fund
FISERV USD0.01 0.65% of the fund
BREEDON GRP ORD GBP1.40 0.64% of the fund
NOVO-NORDISK B DKK0.2 0.64% of the fund
SMURFIT KAPPA GRP EUR0.001 0.61% of the fund
SAFRAN EUR0.20 0.57% of the fund
SPDR SER TST SPDR S&P BIOTECH ETF NPV 0.57% of the fund
DEUTSCHE LUFTHANSA REG NPV 0.57% of the fund
FERRARI EUR0.01 0.55% of the fund
WALT DISNEY CO USD0.01 0.54% of the fund
BECTON DICKINSON & CO USD1 0.54% of the fund
RYANAIR HLDGS EUR0.006 0.53% of the fund
ELEVANCE HEALTH USD0.01 0.52% of the fund
BT GRP ORD GBP0.05 0.52% of the fund
BAE SYSTEMS ORD GBP0.025 0.50% of the fund
PAYPAL HLDGS USD0.0001 0.50% of the fund
HERMES INTL NPV 0.48% of the fund
DATADOG -A USD0.00001 0.46% of the fund
BIO RAD LABORATORIES A USD0.0001 0.46% of the fund
SONIC HEALTHCARE NPV 0.45% of the fund
PRADA EUR0.1 0.44% of the fund
APPLE NPV 0.43% of the fund
ITC INR1 0.42% of the fund
ADYEN NPV 0.41% of the fund
KAO CORP NPV 0.41% of the fund
REMY COINTREAU EUR1.6 0.41% of the fund
AUTOMATIC DATA PROCESSING USD0.1 0.40% of the fund
ASTRAZENECA ORD USD0.25 0.39% of the fund
VISA A SHS USD0.0001 0.39% of the fund
ARISTA NETWORKS USD0.0001 0.39% of the fund
NB DISTRESSED DEBT NPV 0.38% of the fund
EBAY USD0.001 0.38% of the fund
ASHTEAD GRP GBP0.1 0.37% of the fund
STRYKER CORP USD0.1 0.37% of the fund
ARTHUR J GALLAGHER & CO USD1 0.37% of the fund
ELI LILLY & CO NPV 0.36% of the fund
LPL FINANCIAL HLDGS NPV 0.36% of the fund
CAIRN HOMES GBP0.001 0.36% of the fund
ENTEGRIS USD0.01 0.36% of the fund
ASML HLDGS EUR0.09 (POST SPLIT) 0.35% of the fund
FLOOR & DECOR HLDGS -A USD0.001 0.34% of the fund
CATALENT USD0.01 0.34% of the fund
LINDE NPV 0.33% of the fund
HARGREAVES LANSDOWN GBP0.004 0.33% of the fund
BOOZ ALLEN HAMILTON HLDGS USD0.01 0.33% of the fund
ICICI BANK 1 ADR REP 2 ORD INR10 0.32% of the fund
WASTE CONNECTIONS NPV 0.32% of the fund
IBSTOCK GBP1 0.32% of the fund
PERNOD-RICARD EUR1.55 0.31% of the fund
RYANAIR ADR EACH REPR 5 ORD EUR0.01 0.31% of the fund
MITCHELLS & BUTLERS GBP0.0854167 0.31% of the fund
SANDVIK NPV 0.30% of the fund
ILLUMINA COM USD0.01 0.30% of the fund
FLUTTER ENT GBP0.09 0.30% of the fund
BROADCOM CORP NPV 0.30% of the fund
OLD DOMINION FREIGHT LINE USD0.1 0.29% of the fund
MCKESSON CORP USD0.01 0.29% of the fund% of the fund
SNOWFLAKE -CLASS A 1 NPV 0.29% of the fund
LAM RESEARCH CORP COM USD0.001 0.29% of the fund
L’OREAL EUR0.2 0.29% of the fund
ANALOG DEVICES USD0.167 0.29% of the fund
FREEPORT-MCMORAN USD0.1 0.28% of the fund
SAVILLS GBP0.025 0.28% of the fund
PURETECH HEALTH GBP0.01 0.27% of the fund
MERCADOLIBRE COM USD0.001 0.27% of the fund
TAIWAN SEMICONDUCTOR MANUFACTURING TWD10 0.27% of the fund
MANCHESTER UNITED A USD0.0005 0.27% of the fund
EATON CORP USD0.01 0.26% of the fund
PETROLEO BRASILEIRO 1 ADS REP 2 COM SHS NPV 0.26% of the fund
COSTCO WHOLESALE CORP USD0.005 0.26% of the fund
ASTELLAS PHARMA NPV 0.26% of the fund
ATLASSIAN CORP CLASS A USD0.1 0.25% of the fund
HEICO CORP A USD0.01 0.25% of the fund
METTLER TOLEDO COM USD0.01 0.25% of the fund
ATLAS COPCO -A SHS SEK0.639 0.24% of the fund
GENUIT GRP GBP0.001 0.24% of the fund
JAPAN EXCHANGE GRP NPV 0.23% of the fund
WIENERBERGER NPV 0.23% of the fund
EQUIFAX USD1.25 0.22% of the fund
TESLA USD0.001 0.22% of the fund
EVOLUTION NPV 0.20% of the fund
BARCLAYS GBP0.25 0.19% of the fund
ACUSHNET HLDGS CORP USD0.001 0.19% of the fund
FORTERRA NPV 0.19% of the fund
DR ING HC F PORSCHE NPV 0.19% of the fund
CADENCE DESIGN SYS USD0.01 0.18% of the fund
SERVICENOW USD0.001 0.18% of the fund
HOSTMORE GBP0.2 0.18% of the fund
TOTALENERGIES SE EUR2.5 0.17% of the fund
CORTEVA W/I USD0.01 0.17% of the fund
BIOTECH GROWTH TST GBP 0.25 0.17% of the fund
DELTA AIR LINES USD0.0001 0.17% of the fund
ITAU UNIBANCO HLDGS NPV 0.16% of the fund
INTERMED CAP GRP ORD GBP0.2625 0.16% of the fund
KEYENCE CORP JPY50 0.15% of the fund
PETROBRAS PETROLEO BRAS-PR NPV 0.15% of the fund
FIRSTGROUP GBP0.05 0.15% of the fund
SHELL NEW EUR0.07 0.14% of the fund
SAMSUNG ELECTRONICS CO KRW5000 0.14% of the fund
ENTAIN EUR0.01 0.14% of the fund
TENCENT HLDGS HKD0.00002 0.14% of the fund
ICICI BANK INR2 0.14% of the fund
ADANI ENTERPRISES INR1 0.14% of the fund
SMITHS GRP GBP0.375 0.14% of the fund
CENTRAIS ELETRICAS BRASILIER COM NPV 0.14% of the fund
3I GRP GBP0.738636 0.14% of the fund
GSK GBP0.3125 0.13% of the fund
INCHCAPE GBP0.1 0.13% of the fund
STANDARD CHARTERED USD0.5 0.12% of the fund
FULLER SMITH & TURNER-A GBP0.4 0.12% of the fund
PETROCHINA CO H CNY1 0.12% of the fund
PALO ALTO NETWORKS USD0.0001 0.12% of the fund
NEXT GBP0.01 0.12% of the fund
BILL COM HLDGS USD0.00001 0.12% of the fund
BURBERRY GRP ORD GBP0.0005 0.12% of the fund
IMPERIAL BRANDS GBP0.1 0.12% of the fund
STATE BANK OF INDIA INR1 0.12% of the fund
MONGODB USD0.001 0.12% of the fund
PEARSON GBP0.25 0.12% of the fund
SPECTRIS GRP ORD GBP0.05 0.12% of the fund
BANCO BTG PACTUAL UNIT NPV 0.11% of the fund
APPLIED MATERIALS USD0.01 0.11% of the fund
BANK CENTRAL ASIA IDR62.5 0.11% of the fund
BANK MANDIRI IDR500 0.11% of the fund
OXFORD INSTRUMENTS ORD GBP0.05 0.10% of the fund
VALE COM NPV 0.10% of the fund
ADANI GREEN ENERGY INR10 0.10% of the fund
GRAFTON GRP UTS EUR0.05 0.10% of the fund
JET2 GBP0.0125 0.10% of the fund
VERTEX PHARMACEUTICALS COM USD0.01 0.10% of the fund
BABCOCK INTL GRP GBP0.6 0.10% of the fund
ANGLO AMER USD0.54945 0.10% of the fund
HDFC BANK LIMITED INR1 0.10% of the fund
PATANJALI FOODS INR2 0.09% of the fund
MOBILEYE GBL USD0.01 0.09% of the fund
ADANI PORTS & SPECIAL ECONOMIC ZONE INR2 0.09% of the fund
GRUPO FINANCIERO BANORTE-O NPV 0.09% of the fund
IG GRP HLDGS GBP0.00005 0.09% of the fund
SUN PHARMACEUTICAL INR1 (DEMAT) 0.08% of the fund
REDDE NORTHGATE GBP0.5 0.08% of the fund
IP GRP GBP0.02 0.08% of the fund
JOHNSON SERVICE GRP ORD GBP0.10 0.08% of the fund
BODYCOTE GBP0.17273 0.08% of the fund
ARGENX SE SPON ADR EACH REP 1 ORD SHS NPV 0.08% of the fund
TESCO GBP0.0633333 0.08% of the fund
MEITUAN-CLASS B USD0.00001 0.07% of the fund
PRUDENTIAL GBP0.05 0.07% of the fund
AIRBNB INC-CLASS A USD0.0001 0.07% of the fund
WULIANGYE YIBIN CO -A CNY1 0.07% of the fund
MELROSE INDUST 0.22857142 0.07% of the fund
ADANI TRANSMISSION INR10 0.07% of the fund
CIE FINANCIERE RICHEMON-REG CHF1 0.07% of the fund
MEMBERSHIP COLLECTIVE GRP A USD0.01 0.07% of the fund
SPIRENT COMMUNICATIONS GBP0.03333 0.07% of the fund
ITV GBP0.1 0.07% of the fund
COMPUTACENTER ORD GBP0.075555 0.06% of the fund
WATCHES OF SWITZERLAND G-W/I GBP0.0125 0.06% of the fund
MAX HEALTHCARE INSTITUTE INR10 0.06% of the fund
NTPC INR10 0.06% of the fund
AMBUJA CEMENTS INR2 0.06% of the fund
IONQ USD0.0001 0.06% of the fund
CHINA SHENHUA ENERGY H CNY1 0.06% of the fund
BANCO DO BRASIL BRL NPV 0.06% of the fund
OXFORD BIOMEDICA GBP0.50 0.06% of the fund
SAMSUNG SDI KRW5000 0.06% of the fund
ADVANCEDADVT NPV 0.06% of the fund
PICC PROPERTY & CASUALTY SER H CNY1 0.06% of the fund
HOWDEN JOINERY GRP GBP0.1 0.06% of the fund
POSCO HLDGS KRW5000 0.05% of the fund
OXFORD NANOPORE TECHNOLO-W/I GBP0.0001 0.05% of the fund
ZIJIN MINING GRP CO -A CNY0.1 0.05% of the fund
JSW STEEL INR1 0.05% of the fund
KWEICHOW MOUTAI CO A CNY1 0.05% of the fund
LULEMON ATHLETICA USD0.01 0.05% of the fund
DEXCOM COM USD0.001 0.05% of the fund
NETEASE ADR REP 25 COM USD0.0001 0.04% of the fund
MOONPIG GRP GBP0.1 0.04% of the fund
LI AUTO – ADR NPV 0.04% of the fund
TURK HAVA YOLLARI AO TRY1 0.04% of the fund
TUPRAS-TURKIYE PETROL RAFINE TRY1 0.04% of the fund
CONDUIT HLDGS – W/I NPV 0.04% of the fund
BARRICK GOLD CORP NPV 0.04% of the fund
ANHEUSER-BUSCH INBEV NPV 0.04% of the fund
HILL & SMITH GBP0.25 0.03% of the fund
PINDUODUO SPON ADS EACH REP 4 ORD SHS 0.03% of the fund
BRITVIC GBP0.2 0.03% of the fund
RESTAURANT GRP GBP0.28125 0.03% of the fund
MACROTECH DEVELOPERS INR10 0.03% of the fund
SANDS CHINA COM USD0.01 0.03% of the fund
DOWLAIS GRP GBP0.01 0.03% of the fund
RIGETTI COMPUTING USD0.0001 0.03% of the fund
BHARTI AIRTEL INR5 0.02% of the fund
CHINA LIFE INSURANCE CO H CNY1 0.02% of the fund
BAJAJ FINANCE INR2 0.02% of the fund
NETEASE USD0.0001 0.01% of the fund
RIGETTI COMPUTING USD0.0001 0.01% of the fund
LI AUTO -CLASS A USD0.0001 0.00*% of the fund
BAJAJ FINSERV LTD INR 0.00*% of the fund
NU HLDGS LTD/CAYMAN ISL-A USD0.000006667 0.00*% of the fund
AMER MOVIL SAB DE NPV 0.00*% of the fund
ADANI TOTAL GAS INR1 0.00*% of the fund
BANK NEGARA INDONESIA IDR7500 0.00*% of the fund
SECURITY % OF TOTAL INVESTMENT TOTAL 100.00 %
A few days ago, on the 21st Sept, HSBC Holdings PLC, the UK’s largest banking group, and one of the world’s banking groups, paid out its September dividend.
$0.1 = 7.978p a share
https://www.londonstockexchange.com/news-article/HSBA/total-voting-rights/16105944
the total number of voting rights in HSBC Holdings plc is 19,657,404,802
Thus:-
19,657,404,802 x £0.07978 = £1,568,267,755.10356
£1,568,267,755.10356= £1.568 Billion paid to shareholders
https://www.londonstockexchange.com/stock/HSBA/hsbc-holdings-plc/analysis
Today, Rio Tinto, one of the world’s largest mining companies, pays out its September dividend.
137.67p a share
https://www.londonstockexchange.com/news-article/RIO/total-voting-rights/16107722
the total number of voting rights in Rio Tinto plc is 1,251,098,459
Thus:-
1,251,098,459 x £1.3767 = £1,722,387,248.5053
£1,722,387,248.5053 = £1.722 Billion paid to shareholders
https://www.londonstockexchange.com/stock/RIO/rio-tinto-plc/company-page
ASHOKA INDIA EQUITY INVESTMENT TRUST PLC AIE Stock | London Stock Exchange
Tomorrow, the oil major Shell plc pays out its September dividend
$0.331 a share = 26.12p a share.
https://www.londonstockexchange.com/news-article/SHEL/voting-rights-and-capital/16106009
Shell plc’s capital as at August 31, 2023, consists of 6,665,626,459 ordinary shares of €0.07 each. Shell plc holds no shares in Treasury.
Thus:-
6,665,626,459 x £0.2612 = £1,741,061,631.0908
That is £1,741 million = £1.741 Billion paid to shareholders.
https://www.londonstockexchange.com/stock/SHEL/shell-plc/company-page
AstraZeneca PLC pays out its September 2023 dividend on the 11th Sept
71.8p a share.
https://www.londonstockexchange.com/news-article/AZN/total-voting-rights/16065824
the issued share capital of AstraZeneca PLC with voting rights is 1,549,886,092 ordinary shares
Thus:
1,549,886,092 x £0.718 = 1,112,818,214.056
That is £1,112 Million paid to shareholders. That is £1.112 Billion.
https://www.londonstockexchange.com/stock/AZN/astrazeneca-plc/company-page
Today, BT Group PLC, the UK premier telecommunications carrier pays out its September dividend.
5.39p
https://www.londonstockexchange.com/news-article/BT.A/total-voting-rights/16063502
the total number of voting rights in BT Group plc on that date was 9,934.675,932.
Thus:
9,934.675,932 x £0.0539 = £535.4790327348
£535 million is cash was paid today to shareholders in BT plc, the UK’s premier telecommunications carrier.
https://www.londonstockexchange.com/stock/BT.A/bt-group-plc/company-page
Next week, on The Lloyds Banking Group pays out its September dividend on Tuesday 12th Sept.
https://www.lloydsbankinggroup.com/
0.92p a share.
https://www.londonstockexchange.com/news-article/LLOY/total-voting-rights/16105660
the total number of shares issued by Lloyds Banking Group plc with rights to vote which are exercisable in all circumstances at general meetings is 63,540,750,749
Thus:-
63,540,750,749 x £0.0092 = 584,574,906.8908
That is £584.5749068908 Million paid to shareholders.
https://www.londonstockexchange.com/stock/LLOY/lloyds-banking-group-plc/company-page
Today, the Octopus Renewables Infrastructure Trust pays out its September 2023 dividend.01
https://www.octopusrenewablesinfrastructure.com/
1.45p a share.
Company has a total of 564,927,536 Ordinary Shares in issue
Thus:
564,927,536 x £0.0145 = 8,191,449.272
That is £8.191 Million paid to shareholders.
