PHE and PHT

mikeiow

Amazing!
Can it continue....who knows!

Out of interest, when do the formal summary sheets get updated?
(The ones at https://www.intelligentmoney.com/portfolios#comp-livoaycf2)

Slow Horses

Whats the YTD on PHT at present?

Adam Kay

Hi SH,

Tech is +5.82%

2BToo

Any news on what's happening with PHE? I believe there was a re-jig proposed for some time but can't remember when it's due (or even if it has already happened.)

Thanks.

Adam Kay

Tech +10.8% YTD, an ATH
Whilst past performance is no indication of future returns. It has been a stellar performer. I'm not aware of any technology portfolio even close. the bench mark is flat, Fundsmith is -9%, ARK innovation is -6.2%. Biff Tanner is circa -15% YTD and has a 1 year of +17%

PHE is -0.45% YTD
Cobens Tech is +75.64%-1 year!
Lifestyle is +3.55% YTD and the 1 year is circa +29.6%

Gallons Per Mile

Good work Adam and the rest of the team! Long may it continue.

Adam Kay

How you doing C.

Gallons Per Mile

Good thanks, how about you? Long time no speak. Send my regards to Nik, too!

mikeiow

@Adam-Kay said in PHE and PHT:

Tech +10.8% YTD, an ATH
Whilst past performance is no indication of future returns. It has been a stellar performer. I'm not aware of any technology portfolio even close. the bench mark is flat, Fundsmith is -9%, ARK innovation is -6.2%. Biff Tanner is circa -15% YTD and has a 1 year of +17%

PHE is -0.45% YTD
Cobens Tech is +75.64%-1 year!
Lifestyle is +3.55% YTD and the 1 year is circa +29.6%

What was I thinking having ⅔ in Lifestyle and ⅓ in Tech ‍️
Is it the wrong time to flip those?
(Just kidding: still up around 46% on the past 12 months overall, including the money drawn down - mustn’t grumble )

Cappo

Just had a look at my numbers and I’m pretty much back to where I was at the start of the year, including >10% in the past two weeks. So, whatever sorcery it is you’re up to over there - keep it up!

2BToo

Impressive figures on the 'performance' thread. Bravo Adam.

Is there any more news on the possible future of PHE?

pete_esp

Hi Adam,

Probably a newbie question but is Cobens Tech a different fund to PH tech?

Cheers
Pete

Adam Kay

It’s going to have a rebrand, Pete. The pistonhead days are long gone so is IM. It’s Quai and Cobens. Regards

PeterT

Hi Adam, so other than the name, PHT and Cobens Tech are exactly the same?

Regards

Adam Kay

Hi Peter, yes that is correct. We have one technology portfolio . The rebranding and name changes will occur in due course-the portfolio mandate/objectives will stay as they are.

PeterT

Hi Adam, and no 'administrative' cost differencies? .. or if we invested in both, the same account would be used?

Adam Kay

Hi Peter,

To clarify, there is one technology portfolio, not PHT and Cobens Tech. I use the name 'Cobens' simply because we are no longer associated with Pistonheads, we are Cobens.

Apart from the new thresholds on investment/switching and the move to WBS, no other changes.

PeterT

HI Adam, many thanks for clarifying.

and yes, since the 'IM' days now a trading name... with Cobens / Astute, It's certainly time to do some spring cleaning.

As is said, onwards and upwards. Many thanks again.

pete_esp

Thanks for clarifying Adam

Adam Kay

All YTD and net of fees:

Cobens Tech +34.5%
Lifestyle +22.24%

Fundsmith -4.14%
Nest Sharia +8.26%
ARK Innovation (Cathy Wood) -0.96%
FTSE +5.4%