Income Investing: opportunities in emerging markets
Ian Simmons, manager of Elite Radar Magna Emerging Markets Dividend, talks us through how dividends...
Father’s Day is this coming weekend and, if your household is anything like mine, while Mother’s day gift ideas are plentiful, my Dad is almost impossible to buy for – and I’m still hunting around for something suitable as the clock ticks by….
So if you too are looking for ideas, we’ve had a look at some top holdings* in our Elite Rated funds that could fit the bill. We’ve got something for the gadget-obsessed dad, the father who loves a tipple, the motor-head, the fashionista and the dad who just wants to spend time with you…
While many a dad may dream of owning a Ferrari, a dream is what it will remain for most when a new one costs around £200,000 – but you could possibly invest in the company instead, like BlackRock European Dynamic*. For the less flashy father, Investec UK Alpha* invests in Rolls Royce. Alternatively, there’s always a reasonably priced car-care kit available at Halfords, a top holding in GAM UK Equity Income*.
Janus Henderson UK Absolute Return* in invested in fashion-label Ralph Lauren. With mid range to luxury clothes on offer, as well as fragrances, there is plenty to be found. Alternatively, Next – a holding in EdenTree Amity UK*, has a decent selection of ties, and there is always the old favourite: pants or socks from M&S – a holding in Investec Cautious Managed*.
Whether it’s the new release blockbuster you both want to see at the cinema, or the a new series to binge watch on TV, our funds have it covered. T. Rowe Price European Smaller Companies Equity** invests in Cineworld, the world’s second largest cinema chain, while Baillie Gifford High Yield Bond** has a holding in Netflix’s debt as the on-demand service is now a staple function on new TV’s in every home.
For dad’s who want a bit of quality time, ordering in could be an option. Dominos Pizza is a holding in Unicorn UK Smaller Companies*** and Janus Henderson European Focus* holds Carlsberg. The combination also means a sports-mad dad, won’t have to miss the cricket world cup. Alternatively, you could splash out on a family meal at the likes of Beefeater, Brewers Fayre or Table Table – all restaurants owned by Whitbread, a holding in Elite Radar FP Crux UK Special Situations*.
If technology is the key to a happy father, then look no further than Magna Emerging Markets Dividend* or Fidelity Global Special Situations*, which respectively own Samsung and Apple. Or there is of course the online tech giant Amazon, a top ten holding of T. Rowe Price Global Focused Growth Equity*, which can provide almost any product and importantly with next day delivery!
If your dad doesn’t want you to “waste your money buying me something I don’t want anyway”, you could opt for something much more practical – and that also answers those age-old questions of “do I look like a taxi service?”, “are you still on the phone?” and – my favourite – do you own shares in electricity? Turn the lights off!”
P.S don’t forget a wrapping paper and a card! IG Design, the manufacturers and suppliers of gift packaging, greetings cards, stationery and creative products, is a top holding in LF Gresham House UK Micro Cap*.
*Source: FE Analytics, holdings as at 30 April 2019
**Source: FE Analytics, holdings as at 31 March 2019
***Source: FE Analytics, holdings as at 31 May 2019