Proposed Changes to Your Portfolio:

In Brief...

We have made a satisfactory and unexpected return so far this year, and we now believe tough times are ahead. Over the past month we have been to the Invesco Perpetual Road Show, Schroder Asset Allocation Debate and met with the fund manager of  Janus Henderson Global Technology fund. This has greatly increased our knowledge on world markets and how the data available is perceived by other financial firms. 

We have used these discussions to feed into our Investment Committee Meeting and help create our new V19C Tactical Portfolios.  The new V19C Portfolios ​went live on the 1st July 2019, they aim to take advantage of the positive growth throughout the first half of 2019 by selling a portion of all equities and keeping the gain. We have also increased gold across all portfolios as gold is considered a safe haven throughout periods of economic uncertainty. 

Our​ V19C Portfolios also seen a movement away from Overseas Equity. We have been exposed to Overseas Equity during a period of major market growth and so we want to move away from this asset while we are on top. We will remain having a high allocation to safer assets such as bonds and cash across all portfolios. We have made such positive growth across all portfolios that we feel it is necessary to protect this and move more towards safer assets towards the second half of 2019. 

July 2019 Aims 

Market round-up 

Portfolio Key Details: 

Individual Fund Performance: 

  • Top 3 Performers:
  • Bottom 3 performers 

Name of fund

Since January 2019

Since Last Report (01/06/19 - 09/07/19)  

Marlborough Special Situations

7.95%

-2.15%

L&G Cash Trust 

0.36%

0.06%

Threadneedle UK Property 

0.85%

0.06%

This based on our understandings as of July 9th 2019. 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 2019.

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

​