Thank you so much for taking the time to do the additional audio last night. I appreciated it very much. You did mention that some of the UK autonomies would probably be very attractive. Could you please share with us a few of the companies that you think are specifically attractive besides RD Shell that you mentioned. Thanks again.

Eoin Treacy's view

Thank you for your kind email and I’m glad you found the additional audio commentary of use. It looks like I was not the only person coming to the conclusion that the UK stock market would benefit from the devaluation of the Pound, at least in nominal terms, and that the foreign profits of major corporations would be inflated by being repatriated. 

Companies like, Royal Dutch Shell (DY 6.7%), Reckitt Benckiser (DY 2.01%), Unilever (DY 2.82%), WPP (DY 2.93%), BHP Billiton (DY 5.99%), Rio Tinto (DY 6.88%), Glencore (DY 2.76%), Diageo (DY 3.06%), Rexam (DY 2.76%), Rolls Royce (DY 2.52%) and a large number of others all fall into this category. They all rallied impressively from their respective lows to close in positive territory at least in nominal terms. With bond yields likely to remain low, equities with a reasonable yield and solid record of increasing dividends will continue to have attractive qualities.