"I note that Eoin is reviewing high yield shares in the USA in the next few days. This is an area that I am interested in, particularly in holding Blue Chip Franchise shares such as Coca Cola, Johnson and Johnson etc. for the long term.

"The problem is how best to invest, buying individual shares results in high trading costs and withholding taxes, ETF's tend to cover large numbers of shares rather than the small number of Blue Chips required and I am unable to locate suitable funds either in the UK or USA. How would you suggest the Collective best participate in this market?"

Eoin Treacy's view Thank you for this topical question. Different investors will have various solutions to this issue. My personal proclivity would be to cherry pick from a selection of the higher yielding shares that best reflect Fullermoney themes. However I found one fund that approximates the Index I examined in the piece above.

The Vanguard Dividend Appreciation ETF holds companies such as PepsiCo, Proctor & Gamble, McDonald's IBM, Johnson & Johnson, Coca Cola and Exxon Mobil in its Top-10 and seeks to track the Mergent Dividend Achievers Select Index. With a yield of 1.97%, its total return has the best approximation of the performance of the S&P500 Dividend Aristocrats Total Return Index of the funds I examined. I would welcome additional input from the Collective on Funds or investments with a focus on global franchise companies paying reliable dividends.