Tavistock Wealth Library

AUGUST 2020

ACUMEN ESG Protection Portfolio

ACUMEN ESG Protection

Portfolio – Innovation Award

ACUMEN ESG Protection

Portfolio Factsheet

ACUMEN ESG Protection

Portfolio Brochure

Environmental, Social &

Governance Investing

Tavistock ESG

Investment Policy

Tavistock Wealth Literature

ACUMEN Capital Protection

Portfolio Brochure

The Who, What, How,

Where & Why of Investing

ACUMEN Income-Protection

Portfolio Brochure

Tavistock PROFILES

Brochure

Protection Portfolio

Availability

Tavistock Wealth Rolling

12-Month Review

Fund Risk Profiling Report

(ACPP, AIPP & AEPP)

Due Diligence

Questionnaire

Quarterly Perspectives –

Q1 2020

Quarterly Perspectives –

Q2 2020

Quarterly Perspectives –

Q3 2020

Protection Portfolios –

Product Specification

Publications

History of the UK

Stock Market (1925 – 2018)

5 Years Avoiding the Storm:

Stick or Twist?

Market Update:

October 2018

He Who Recommends it

Shall be Liable for it

For more publications please click here

Monthly Portfolio Changes

In August, we made several changes to the portfolios. In fixed income, we sold our positions in UK Gilts, Japanese government bonds and US mortgage backed securities and increased our existing allocation to US inflation protected securities and European government bonds. In equities, we took profit on our thematic allocation to automation and robotics and invested the proceeds in a new ETF that provides exposure to video gaming and esports. At $135 billion this sector is now larger than the global film and music industries combined yet, like the early days of internet advertising, is yet to be fully monetized. Within smart beta we sold our allocations to the momentum and minimum volatility factors and increased exposure to ‘quality’ and ‘ESG’. Finally, within our commodity carve-out, we added a new position in coffee. We did not make any changes to our investments in property this month.

Factsheets

ACUMEN Capital Protection Portfolio

ACUMEN Income-Protection Portfolio

ACUMEN Portfolio 3

(Bond)

ACUMEN Portfolio 4

(Conservative)

ACUMEN Portfolio 5

(Progressive)

ACUMEN Portfolio 6

(Adventurous)

ACUMEN Portfolio 7

(Equity)

ACUMEN Portfolio 8

(Strategic)

ACUMEN Income

Portfolio

Tavistock PROFILE 3

Tavistock PROFILE 4

Tavistock PROFILE 5

Tavistock PROFILE 6

Tavistock PROFILE 7

Tavistock PROFILE 8

Tavistock Income

ACUMEN Portfolio Holdings

ACUMEN Portfolio 3

ACUMEN Portfolio 7

ACPP

ACUMEN Portfolio 4

ACUMEN Portfolio 8

AESGPP

ACUMEN Portfolio 5

ACUMEN Income Portfolio

ACUMEN Portfolio 6

AIPP

GBP Update

Please see below our monthly Sterling chart, showing the month end GBP/USD rate of 1.34, which is below the 10 and 20-year averages. The chart also highlights Sterling’s purchasing power parity (PPP) as well as Capital Economics’ forecast for a return to 1.45 by the end of 2022.

The value of an investment in the Protection Portfolios, ACUMEN Portfolios or Tavistock PROFILES may fall as well as rise. Past performance should not be seen as an indication of future performance. Source of data: Tavistock Wealth Limited, Thomson Reuters and Lipper for Investment Management unless otherwise stated.