January 2021

Monthly Portfolio Changes

In January, we made one change to the portfolios. US investment grade debt performed exceptionally well last year but now yields less than rising expectations for inflation. As such, we decided the time was right to take some profit and reduce duration-risk by rotating into a short-dated equivalent. We did not make any changes to our investments in equities, commodities or property this month.

King Model Portfolio 3

King Model Portfolio 4

King Model Portfolio 5

King Model Portfolio 6

King Model Portfolio 7

King Model Portfolio 8

King Equity Growth

King Income Portfolio

The value of an investment in the King Model portfolios, Acumen Protection Portfolios or ACUMEN Portfolios may fall as well as rise. Past performance should not be seen as an indication of future performance. Source of data: Tavistock Wealth Limited, Thomson Reuters and Lipper for Investment Management unless otherwise stated.