King MODEL PORTFOLIO Factsheets
Monthly Portfolio Changes
In November we made several changes to the ACUMEN Portfolios. In equities we took profit on two of our emerging market equity positions, providing exposure to Russia and Taiwan, placing the proceeds into Chinese equities, global gold miners and cash. In fixed income we rotated our emerging market hard currency sovereign exposure to emerging market hard currency corporate bonds given attractive relative valuations.
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 Asset Management, Thomson Reuters and Lipper for Investment Management unless otherwise stated.