Stocks & Shares ISA: My Portfolio January 2023.

If you started investing in 2022 chances are you had a fairly rocky year. Whilst the FTSE 100 was slightly up despite all of the turmoil the S&P 500 was down 20% for the year.

I started the year by selling all of my 'abrdn Asia Pacific and Japan Equity - Class I Acc' index fund and part of my 'UBS S&P 500 Index Class C Acc' index fund to re-organise my portfolio. For 2023 I have a few individual stocks alongside my index funds to hopefully bring in some regular dividends which are then re-invested. My SIPP has a couple of stocks that have been providing me with growth and dividends over the last few months so I decided to try the same in my ISA.

Funds - now down from three to two. The number of units held is accurate as of 15th January 2023.

Fund 1: Legal & General UK Index Class C Acc (FTSE All Share)

I transferred all of my abrdn index fund into this fund and it has not only clawed back the deficit both funds finished the year on but is up 5% overall. It currently makes up 17% of my portfolio with 726 units.

Fund 2: UBS S&P 500 Index Class C Acc

This finished the year in deficit but has started strongly this year and will hopefully be back in the black soon. I did sell off some of the fund in order to buy into some individual FTSE stocks but like my L&G fund, I plan to hold this long term and will increase the number of units I own in the future. It still makes up the greatest overall part of my portfolio at 65% with 7,395 units.

Stocks - My new stocks make up the remaining 18% of the portfolio along with a small cash reserve. I wanted some diversity so each company represents a different sector. I am hoping that they will pay regular dividends which are set to automatically re-invest and compound over time. The number of shares held is accurate as of 15th January 2023.

Stock 1: Rio Tinto

Rio Tinto had made good gains in my pension fund so I invested in this FTSE 100 Juggernaut. They were founded in 1873 and are the world's second biggest metal and mining corporation. As of the start of this year, I currently hold 10 shares.

Stock 2: British Land Co

British Land are a property development and investment company focusing on high-quality retail and office premises. They trade as a REIT (Real Estate Investment Trust) which allows you to own a small share of commercial property within the ISA. By law, a REIT must pay out 90% of its profits as dividends and therefore does not normally have to pay corporate income tax. I have 125 shares in my ISA.

Stock 3: United Utilities

United Utilities are the UK's largest listed water company serving the northwest of England. They provide regular dividends and should provide a good long-term investment with 50 shares.

Stock 4: GSK

Formerly GlaxoSmithKline they are a biotechnology and pharmaceutical company. making specialist vaccines and disease treatments. They have a strong consumer brand portfolio boasting the likes of Aquafresh, Beechams, Nicorette and Panadol. They also recently bought Pfizer which was known for developing a Covid vaccine. I plan to grow my current holding of 35 shares.

Stock 5: Sage Group

Sage Group are a software company with products centred around accounting and payroll. It is the second largest tech company in the UK and I have 65 shares currently.

Stock 6: Lloyds Banking Group

Lloyds are a bit of an anomaly as they trade as a penny stock (share price under £1 a share) which is normally associated with smaller companies. I don't expect them to leave penny stock status any time soon but for the smallest investment in my portfolio, I have 525 shares.

Plans for the year ahead

As with my emergency fund and SIPP I plan to grow my ISA investments over the course of the year and add a few more stocks to take the total to 10 stocks in total. I don't plan to add any new funds but will increase the holdings in my L&G and UBS index funds.

I have also amended my daughter's portfolio and amalgamated her funds into one single diverse world fund. The 'Vanguard FTSE Global All Cap Index' is a passive fund that will provide access to a range of companies from small to big in both developed and emerging markets. It is an accumulator fund set to re-invest any dividends and hopefully steadily grow over the next 13 years until it matures when she turns 18.