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.

How the choices have performed in the past year      
  % total return (income     
  reinvested) after:    
  3 mths 6 mths 1 year
Conservative choices      
BlackRock Throgmorton  16.9 19.1 34.3
JPMorgan Japanese  5.9 6.8 25.7
Foreign & Colonial  10.9 8 20.3
Temple Bar  9.4 2.7 10.6
Invesco Asia * 1.1 -6.4 5
Capital Gearing  3.5 1.4 3
Standard Life Private Equity  1.3 -3.9 1.4
Utilico Emerging Markets  -6.8 -10.2 -7.1
Henderson European Focus  -6 -12.3 -11.6
Adventurous choices      
Allianz Technology  17.8 21.9 45.3
Baillie Gifford Shin Nippon  3.1 9.1 39.2
Pantheon International (1) 6.8 9 24
Schroder Asia Pacific  1.8 -2.4 11.9
JPMorgan Global G'th & Inc.* 4.6 -1.6 10.5
Rights & Issues  8.4 6.4 8.6
JPMorgan Emerging Markets (2) -1.1 -4.5 7
Lowland (3) 3.3 0.1 5.7
TR European Growth * -2.9 -15.1 -3.2
Index benchmarks      
FTSE All-Share  9.2 1.7 9
FTSE World ex-UK  7 2.5 9.4
Notes: * Holding replaced in this annual review. (1) Gain relects mandatory conversion of redeemable shares to ordinary shares on 1 November 2017. (2) Holding replaced Templeton Emerging Markets in May review. (3) Holding replaced  Edinburgh IT in the November review. Data source: FE Analytics as at 1 July 2018.      

 

Another strong year for the trust tips portfolio     
 % total return (income reinvested) after:    
 3 months6 months1 year3 yearsSince 1 August 2014
Conservative portfolio 4.40.99.13858
Adventurous portfolio 4.92.615.965.488.6
Index benchmarks     
FTSE All-Share 9.21.7931.636.5
FTSE World ex-UK 72.59.455.973
Data source: FE Analytics as at 1 July 2018.