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 after:    
Conservative choices 3 months (%) 6 months (%) 1 year (%)
BlackRock Throgmorton 11.9 31.5 3.1
Capital Gearing 3.0 5.3 6.9
Edinburgh Dragon 6.3 13.3 13.4
F&C* 1.7 11.7 2.8
Fidelity European Values (2) 12.8 24.5 15.3
JPMorgan Japanese 10.6 17.7 -4.8
Standard Life Private Equity -3.1 6.7 7.9
Troy Income & Growth (1) 3.2 12.9 8.2
Utilico Emerging Markets 12.4 20.7 27.3
Adventurous choices      
Allianz Technology 7.6 34.9 15.5
Baillie Gifford Shin Nippon 1.8 11.8 -6.2
JPMorgan Emerging Markets 9.4 17.9 21.5
Monks 9.6 26.5 9.5
Montanaro European Smaller Companies (3) 20.5 31.2 19.0
Pantheon International* 1.2 8.4 5.2
Rights & Issues* -0.7 3.1 -10.1
Schroder AsiaPacific 2.7 14.3 3.3
Temple Bar (4) -2.2 13.4 -0.3
Index benchmarks      
FTSE All Share index 3.3 13.0 0.6
FTSE World ex UK index 6.7 16.9 11.0

Notes: * Holding is replaced in this annual review. (1). Replaced Lowland as adventurous choice in February issue quarterly review; swapped with Temple Bar as conservative choice in May review. (2) Replaced Henderson European Focus in February review. (3) Replaced JPMorgan European Smaller Companies in May review. (4) See note 2. Portfolio inception date is 1 August 2014. Source: Data from FE analytics as at 1 July 2019. 

     

 

The trust tips portfolio          
  % total return (income reinvested) after:        
  3 mths 6 mths 1 yr 3 yrs Since launch*
Conservative portfolio 6.4 16.5 8.4 50.4 71.3
Adventurous portfolio 5.4 16.8 4.2 64.5 96.4
Index benchmarks          
FTSE All-Share index 3.3 13.0 0.6 29.5 37.2
FTSE World ex UK index 6.7 16.9 11.0 49.8 92.1
Notes: Portfolio inception date is 1 August 2014.
Source: Data from FE analytics as at 1 July 2019.