Conservative 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 conservative selections below are picked from eight of the most popular investment trust sectors, plus a specialist selection. 

These conservative choices are designed for investors who want some market exposure (which is predominantly equities-based), but prefer a relatively cautious stance.

They may have a value orientation, hold a mix of assets, or prefer the higher dividend yields associated with less adventurous choices.

At the start date of the portfolio on 1 August 2014, we invested a notional £1,000 in each choice at the mid price. Any subsequent switches 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 conservative investment trust portfolio update here.

  Total return (income
reinvested) (%) after:
       
  3 mths 6 mths 1 yr 3 yrs 1 Aug 2014†
Conservative choices          
Troy Income & Growth 5.3 8.7 11.7 21.4 57.4
Standard Life Private Equity 4.8 1.6 5.7 47.6 98.5
JPMorgan American 4.7 11.4 3.3 49.4 107.6
Capital Gearing 2.8 5.9 7.2 21.4 45.2
Bankers 1.9 9.5 8.2 53.8 93.4
BlackRock Throgmorton 1.2 13.2 6.1 80.9 129.9
JPMorgan Japanese 0.2 10.8 -2.5 36.4 112.5
Fidelity European Values -0.6 12.2 9.3 49.4 91.2
Utilico Emerging Markets -0.9 11.4 26.0 27.5 55.7
Edinburgh Dragon -1.0 5.2 12.3 37.6 61.2
Conservative portfolio 1.7 8.2 8.9 39.3 74.2
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.