Adventurous investment trust portfolio

Each year, Money Observer introduces its investment trust tips for the year ahead. Our selections are grouped into ‘adventurous’ and ‘conservative’ selections. 

We monitor performance every three months, and suggest potential changes, to each of the portfolios. The adventurous selections below are picked from eight of the most popular investment trust sectors, plus a specialist selection.

These adventurous choices are designed for investors who are confident that markets will offer strong gains in the year ahead.

Most of the choices have concentrated portfolios and/or have gearing. That means they may fall disproportionately should markets falter. However, they have also demonstrated their ability to recover strongly on the rebound.

At the start date of this portfolio on 1 August 2014, we invested a notional £1,000 in each choice at the mid price. Any subsequent changes are made using the valuation for the trust that is replaced.

Trading charges have not been factored into the performance of this portfolio.

You can view the most recent adventurous investment trust portfolio update here.

  Total return (income
reinvested) (%) after:
       
  3 mths 6 mths 1 yr 3 yrs 1 Aug 2014†
Adventurous choices          
JPMorgan US Smaller Cos 3.5 9.6 -3.9 56.1 136.2
Princess Private Equity 1.5 6.5 -2.8    
Temple Bar 0.3 -1.9 3.7 26.4 25.9
Baillie Gifford Shin Nippon -0.1 1.7 -11.4 57.6 181.3
JPMorgan Emerging Markets -1.4 7.9 17.8 46.9 88.9
Monks -1.6 7.8 7.8 74.2 144.7
Standard Life UK Smaller Cos -1.6 7.9 -5.3 37.7 96.4
Allianz Technology -3.5 3.8 1.8 110.3 220.8
Montanaro European Smaller Cos -4.0 15.7 6.9 69.1 125.5
Schroder AsiaPacific* -4.8 -2.3 3.6 33.4 81.7
Adventurous portfolio -1.1 4.2 0.8 44.7 94.1
FTSE All Share index 1.3 4.6 2.7 21.7 39.0
FTSE World ex UK index 3.9 10.9 8.2 43.7 99.7

Notes: Constituents ranked by three-month performance. Not all constituents were members of the portfolios over the time periods stated. * Replaced in this review by JPMorgan Asian.
† Portfolio inception date. Data source: FE Analytics as at 1 October 2019. 

The trust tips portfolio          
  % total return (income reinvested) after:        
  3 mths 6 mths 1 yr 3 yrs Since launch*
Conservative portfolio 1.7 8.2 8.9 39.3 74.2
Adventurous portfolio -1.1 4.2 0.8 44.7 94.1
Index benchmarks          
FTSE All-Share index 1.3 4.6 2.7 21.7 39.0
FTSE World ex UK index 3.9 10.9 8.2 43.7 99.7
Notes: Portfolio inception date is 1 August 2014.
Source: Data from FE Analytics as at 1 Oct 2019.