Global Value Portfolio

Introducing our global value portfolio

Our new global value ETF-only portfolio seeks to profit from the eight most undervalued single-country markets in the world, out of the 40 that are investable and accessible using ETFs.

To read an explanation of both how value was determined and the strategy behind the portfolio, click here.

The portfolio will be rebalanced every year, at which point any market no longer among the cheapest 20% will be replaced.

You can read the latest global value portfolio quarterly update here

Read more Money Observer articles about value investing and ETFs

Portfolio based on best-value single-country markets

Country Fund Ticker Cape ratio of index Current value (£) Starting value (£) Total return (%) Gain/loss (£)
Greece Global X FTSE Greece 20 ETF GREK -3.2 1,015 1,004 1.1 10
Russia HSBC Russia Capped ETF HRUB 7.8 1,024 996 2.8 28
Turkey iShares MSCI Turkey ITKY 7.6 1,003 996 0.7 7
Poland iShares MSCI Poland SPOL 11.2 956 1,005 -4.9 -49
South Korea iShares MSCI Korea IKOR 12.1 1,043 1,016 2.7 27
Spain Amundi ETF MSCI Spain UCITS ETF CS1 14 982 999 -1.8 -17
Singapore iShares MSCI Singapore Capped ETF EWS 14 984 1,000 -1.6 -16
China iShares MSCI China A UCITS ETF IASH 14.5 939 999 -6 -59
Total       7,949 8,018 -0.87 -69

Portfolio comprises the eight most undervalued markets in the world in terms of Cape ratio as at start of September 2019. Portfolio runs without adjustment for one year and is then rebalanced. Source: Market data from Sharepad, as at 2 December 2019. Portfolio launched on 2 September 2019. Cape ratios from StarCapital, values as at 31.10.2019