Income Portfolio sells BWP; buys BHP

In line with our Sell recommendation in BWP Trust: Result 2015 (Sell – $3.28), we have sold our entire holding of BWP Trust (a weighting of 3.4%) in our Income Portfolio, at a price of $3.22. We have reinvested the proceeds into BHP Billiton, at $25.91, in line with the Buy recommendation set out in BHP and the iron ore crash on 23 Jul 15(Buy – $25.63).

In line with our Sell recommendation in BWP Trust: Result 2015 (Sell – $3.28), we have sold our entire holding of BWP Trust (a weighting of 3.4%) in our Income Portfolio, at a price of $3.22. We have reinvested the proceeds into BHP Billiton, at $25.91, in line with the Buy recommendation set out in BHP and the iron ore crash on 23 Jul 15(Buy – $25.63).

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