Proposed Changes to Your Portfolio:
Our Reeves Confidence Barometer, a major factor in our tactical asset allocation, remains negative. This means that we believe a fall in the world's equity markets to be more likely than a rise over the coming months.
Changes to portfolio
As stated above, we are advising changes to our model portfolios. We have multiple meetings with various fund managers this week to complete our due-diligence. You will receive our specific advice email very soon, which will explain in detail the recommended changes.
We will aim to reduce the ongoing investment charges through using institutional funds where available in the next batch of changes.
Reeves MPH Portfolio
We have plans to launch a new portfolio which we will call 'Reeves Miles Per Hour Portfolio'. The portfolio will be designed to meet the needs of our more adventurous clients who have concerns about the levels of cash currently being held and have an increased desire in achieving the best possible investment returns.
More information will be released very soon.
In 2018 we aim to have higher conviction with greater concentration in our investment selections, reducing them to 20 holdings.
We aim to allocate more resources in researching specialist opportunities that will have a positive impact on your portfolio performance.
Comments from our recent investment meeting
28/36 (77.77%) of our individual investment choices between the period of 09.07.18 - 20.08.18 have outperformed the index of the FTSE all-share. We are very happy with this figure and it demonstrates the effectiveness of our investment analysis process. You can view further information on the individual investment performance details here.
All of our model portfolios have outperformed the FTSE-allshare this year to date as demonstrated in our 'Key portfolio details' feature.
All of our investment decisions are made on a best-endeavours basis and with the of best intentions for our clients, based on our knowledge, analysis & expectations at the time. However, all markets are inherently unpredictable.
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 August 2018.