PHE and PHT

mikeiow

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.