Proposed Changes to Your Portfolio:

In Brief...

September has unfortunately brought both bad weather and a second Covid wave to the UK, resulting in tighter restrictions across business and homes. We have seen an increase in volatility in markets with the S&P 500 falling over 7.8%, reflecting rising unpredictability in the US markets. Rising volatility has also been experienced in other global markets and the UK has been no exception.

The Reeves Investment Team has welcomed a new full-time analyst this month which has expanded our resources for both research and analysis but also allows the team to meet with even more fund managers and improve these vital relationships.

Through September we have been concentrating on speaking to each UK Equity fund manager currently present in the Reeves Model Portfolios. By doing this we have been able to ascertain the position of our UK Equity asset allocation and are now completely aware of all risks and opportunities currently being evaluated by these fund managers. It is also reassuring to hear the consolidated plans for second waves, further lockdowns and Brexit and how each of these scenarios offers these managers some clear winning areas to invest in.

​October Aims

Market round-up September

Portfolio Key Details: 

Individual Fund Performance: 

  • Top 3 Performers:
  • Bottom 3 performers 

Name of fund

Since January 2020 

Since Last Report (24/08/20-09/10/2020)

Baillie Gifford Shin Nippon

34.59%

22.22%

JP Morgan European Smaller Companies

15.46%

9.05%

Scottish Mortgage Investment Trust

74.88%

7.91%

This based on our understandings as of October 9th 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 September 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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