Nifty Thrifty Portfolio

The concept behind the Money Observer Nifty Thrifty portfolio is based on the US Nifty Fifty – the 50 shares that investors flocked to in the late 1960s and early 1970s, before the market crashed in 1974. Unlike the Nifty Fifty, however, our Nifty Thrifty portfolio is built using far sounder investment principles.

Over the course of 12 months Money Observer columnist Richard Beddard picks 30 companies from the largest 350 UK-listed companies by market capitalisation, using an algorithm that assesses three key criteria: value, as measured by the earnings yield; profitability, measured by return on capital; and financial strength, measured by Piotroski’s F_Score. 

The sole qualitative measures employed are to check that the portfolio is not over-exposed to a single market sector, and to exclude banks, insurers and investment companies.

The objective is to outperform a FTSE All-Share exchange traded fund over any five-year period. The portfolio is reviewed every three months in Money Observer. Shares held for a year are reassessed to ensure they continue to meet the criteria. 

In the 21st quarterly update, in September 2015, eight shares were due for ejection, although Halfords remains as it is sufficiently highly ranked by the algorithm to be selected again. Leaving the portfolio are Antofagasta (27 per cent loss), Betfair (185 per cent gain), Domino Printing Sciences (56 per cent gain), Micro Focus International (345 per cent gain), RELX (29 per cent gain), UBM (23 per cent loss) and Xaar (22 per cent gain).

Seven replacements are new to the portfolio: Computacenter, St. Modwen Properties, ITV, WPP, Rotork, AA and Renishaw (as ranked by the algorithm). See the quarterly update for details.  

The portfolio values below account for stamp duty and the £10 dealing charge levied by our sister website Interactive Investor. The current valuations do not account for dividends, which are recognised when a holding is ejected from the portfolio.

You can view the most recent Nifty Thrifty update here.

Clicking on each share’s link will take you to the Interactive Investor website where you can find more details about each company. The starting date for the portfolio is 1 June 2010.

TODAY: Saturday 05 September 2015 TIME: 04:29

Investment Return Profit / Loss %
Holdings 48,573.59
Cash 4.04
Total 30,000.00 48,577.63 +18,577.63 +61.93
Above figures in UK pound sterling.
Name Shares / Units Cost Current Value Profit / Loss
AA (AA.) 723 £3.25 £2,391.68 +41.93 (+1.78%)
Afren (AFR) 11,272 0.10 0.00 -1,127.20 (-100.00%)
Atkins (WS) (ATK) 83 £13.41 £1,205.16 +92.13 (+8.28%)
Berkeley Group (BKG) 63 £31.34 £2,145.78 +171.36 (+8.68%)
Carillion (CLLN) 322 £3.677 £1,031.37 -152.63 (-12.89%)
Computacenter (CCC) 302 £7.815 £2,320.87 -39.26 (-1.66%)
Euromoney Institutional Investor (ERM) 141 £12.01 £1,411.41 -282.00 (-16.65%)
Ferrexpo (FXPO) 2,288 £0.684 £1,349.92 -215.07 (-13.74%)
GlaxoSmithKline (GSK) 138 £14.56 £1,799.52 -209.76 (-10.44%)
Halfords Group (HFD) 327 £4.78 £1,508.12 -54.94 (-3.51%)
Indivior (INDV) 650 £1.743 £1,446.25 +313.30 (+27.65%)
ITV (ITV) 983 £2.39 £2,398.52 +49.15 (+2.09%)
Jardine Lloyd Thompson (JLT) 192 £10.39 £1,996.80 +1.92 (+0.10%)
Nostrum Oil & Gas (NOG) 246 £6.35 £1,218.93 -343.17 (-21.97%)
Ophir Energy (OPHR) 1,087 £1.453 £954.93 -624.48 (-39.54%)
Pace (PIC) 332 £3.357 £1,140.42 +25.90 (+2.32%)
PayPoint (PAY) 133 £8.375 £1,333.99 +220.12 (+19.76%)
QinetiQ (QQ.) 842 £2.372 £1,930.71 -66.52 (-3.33%)
Renishaw (RSW) 109 £21.46 £2,287.91 -51.23 (-2.19%)
Rotork (ROR) 1,165 £2.017 £2,429.03 +79.22 (+3.37%)
RPS Group (RPS) 842 £2.368 £1,905.03 -88.83 (-4.46%)
SOCO International (SIA) 451 £3.991 £687.77 -1,112.17 (-61.79%)
Spirent Communications (SPT) 1,685 £1.07 £1,348.00 -454.95 (-25.23%)
St Modwen Properties (SMP) 525 £4.473 £2,413.95 +65.62 (+2.79%)
TUI AG (TUI) 191 £9.405 £2,227.06 +430.71 (+23.98%)
Weir Group (WEIR) 83 £18.76 £1,062.40 -494.68 (-31.77%)
WH Smith (SMWH) 84 £13.24 £1,255.80 +143.64 (+12.92%)
Wood Group (John) (WG.) 169 £6.575 £1,061.32 -49.86 (-4.49%)
Workspace Group (WKP) 214 £9.32 £1,940.98 -53.50 (-2.68%)
WPP (WPP) 179 £13.11 £2,369.96 +23.27 (+0.99%)

Current value calculated using data at least 15 minutes delayed. Source: Interactive Investor.