Proposed Changes to Your Portfolio:

In Brief...

During July, the S&P 500 reached positive returns Year to Date for the first time since its historic fall in March. The S&P 500 is the index tracking the 500 largest US companies and many investors consider this to represent a benchmark for the overall market. It is predominantly investor sentiment that continues to drive the market up as we continue through to the second half of 2020.

On one hand, many investors believe (or are hoping) that a vaccine will become readily available, the stimulus provided by central banks is sufficient to protect the economy from long-term damage and  there will be a bounce back in economic productivity to pre-Covid levels. On the other, a vaccine becoming swiftly accessible isn’t likely for another 12 months and the commonly used ‘fear-index’ remains around 40% above its long-term average. The fear-index (CBOE’s VIX) measures market's expectation of 30-day forward-looking volatility, this demonstrates that there are still high levels of uncertainty and uneasiness surrounding the future of the global economy.

August Aims

Market round-up 

Portfolio Key Details: 

Individual Fund Performance: 

  • Top 3 Performers:
  • Bottom 3 performers 

Name of fund

Since January 2020 

Since Last Report (30/06/20-27/07/2020)

JP Morgan European Smaller Companies

-1.03%

10.39%

Scottish Mortgage Investment Trust

53.32%

7.99%

BlackRock  Sustainable Energy

17.08%

7.31%

This based on our understandings as of July 27th 2020. Data sourced from FE analytics.

Reeves Independent Confidence Meter: 

15%

The above meter represents our confidence on the short term prospects of the global equity markets in the upcoming months. Please read our Market Outlook Reports on a monthly basis for more information. 


The information in this blog or any response to comments should not be regarded as final advice. Please remember that the value of your investment can go down as well as up, and may be worth less than you paid in. Information is based on our understanding at July 2020.

Data provided by FE. Care has been taken to ensure that the information is correct but Reeves Independent neither warrants,
represents nor guarantees the contents of the information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Financial Express Limited Registration number: 2405213. Website:www.financialexpress.net

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