Proposed Changes to Your Portfolio:

In Brief...

Over the month of November, we have been focused on reviewing the performance outcomes throughout 2019. Following a volatile last quarter of 2018, we believed that further uncertainty and potential declines in the world’s equity markets were to be a more likely scenario than a rise over 2019. Against an uncertain backdrop of underlying tensions, political instability and global growth slowing, global markets have made good progress and despite a more defensive stance our portfolios have performed admirably, returning over 8%. UK markets have moved away from their peaks of May 2018 and with this we feel slightly more confident in the outlook of 2020 with expectations of any slowdown being pushed back to 2021 or 2022.

In our most recent committee meeting, the upcoming UK election was reviewed in order to give clients some context as to what Reeves are thinking before 12th December. Whilst there are obvious differences in implications depending on which political party is successful, Reeves remains in a position where the outcome of political elections does not impact our decision-making process in the short run. Our investment strategy will not be swayed by market influences prior to an election and action will only be taken on matters where the outcome or implications are considered to be long term.

December 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 (25/10/19 - 25/11/19)  

WisdomTree Physical Gold in GB

13.03%

-3.23%

Allianz Gilt Yield I Inc TR in GB

8.37%

-0.94%

Frostrow Capital LLP Finsbury Growth & Income Trust

18.84%

-0.68%

This based on our understandings as of November 25th 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 October 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

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