Member Info for ColinJ806

As you can imagine the share price is already locked in for the DLG merger figures, Market cap of around £18.6bn with just over 3bn shares in issue as of tomoro so 612p is pretty much spot on.

Around 11p at currently shares in issue for the £250m announced but juts confirmed as the second half of the year so likely just before Christmas

I got mine from Saga (52) with additional benefits as standard. Swinton wouldn't come down from the £300 they were charging me.

Just checked and the last 25 year inflation is just under halving any investment

Trusts are not to be taken lightly when you are looking at houses or investments.

You can take the income but no further capital but is subject to tax.

Houses however need to be paid for (market rental value) as otherwise HMRC will consider them as a reservation of benefit

But subject to inflation

Long term gilts with a decent yield but with a price below £100 would give you a level annuity, index linked gilts would provide increases

TR63 - 4% Treasury Gilt 2063 offers 4.63% for 28 years and a return of 25% on the return of capital at the end of the process

https://giltsyield.com/bond/TR63/

Only if the person who dies is over 75 as currently an inherited pension is tax free below 75.

This may change but not currently

So if someone over 75 is not effectively tax planning when they have significant assets then that is on them tbh

The issue I have with a share buyback on a highly valued stock like this is the amount of shares they will be able to capture now.

£200m is about 4p per share for reference

£200m for shares at £10.30 per share is 19.5m shares cancelled (5.05bn in issue) but now it will be 17.6m shares or 0.3% of the shares in issue. If this was valued like GSK or Tesco then you would be looking at 1% cancelled on equivalent terms

It is a year out, it is feasible they reintroduce an interim dividend first I guess on 31st July

the share price seems to have been underperforming due to a lot of the bigger holdings coming off of their highs but seems to be a decent spread of companies but i think i would prefer a more equal split across the but thats the nature of full replicating trackers. i think bab**** is held for example but outside the top 10 (24 total)

for reference i bought about a month ago and am sitting on a small loss at present but will hold this for a while or average down at some point

top 10 holdings

holdings 20/06/2025 % of assets

rheinmetall ag 14.55

bae systems plc 12.48

leonardo spa az 11.38

thales 11.23

saab ab class b 7.99

rolls-royce holdings plc 7.22

safran sa 6.79

airbus se 6.60

kongsberg gruppen asa 5.90

hensoldt ag ordinary shares 3.49