Competition update
Michelle Groves , Independent Financial Planner provides an update on the best performing funds in our Fantasy Funds competition, and the factors which have influenced the state of the stock markets.
will then manage the asset allocation of the portfolio on an ongoing basis to ensure it is positioned optimally for long term growth and that it continues to be suitable for you. If you are considering investing or you would like a review of the risk and performance of your current investment portfolio, please contact Michelle Groves on 01206 838400 or michelle. groves@scruttonbland.co.uk for a no obligation consultation.
The difference in performance could be due to a number of factors, but with Kim Jong Un’s announcement that he was considering plans for a missile strike on the U.S. Pacific territory of Guam, sabre rattling between North Korea and the US was a significant one. Correspondingly, safe haven investments such as gold hit a two month high, and yields on Government debt fell. Ultimately, over the long term an equity based portfolio should deliver higher returns than one which has been constructed with a broader range of different asset classes. But it is this diversification which when applied correctly, should cushion the investor from volatility. When advising investors about how to manage their long term savings, your Scrutton Bland Adviser will build a portfolio that is based on a careful assessment of your objectives, risk profile and your capacity to absorb potential losses. He/she
On the 1st August this year, the Scrutton Bland Fantasy Funds competition was launched in Adviser. For the chance to win an Apple i-watch, readers were invited to build a fantasy portfolio with the aim of achieving the highest total return on their fantasy investment portfolio by 1st February 2018. Of course it is very early days, but in lead so far is ChrisFuller with a one month return of 2.78% closely followed by Skygod59 with 1.8%. Volatility During August, the top performing portfolio has performed seven times better than the bottom one. The Chrisfuller portfolio has approximately one third in UK equities while the bottom performing portfolio has 97% in equities, a third of which is invested in the Asia Pacific area.
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