Tavistock Wealth Library
ACUMEN ESG Protection Portfolio
Protection Portfolio Literature
Tavistock Wealth Literature
Monthly Portfolio Changes
In June we made one change to the ACUMEN Portfolios. In equities we sold our allocation to US companies in the S&P 500 materials sector, and initiated a new position providing exposure to global ‘quality’ stocks with strong and stable earnings. This is consistent with our decision to reign-in our ongoing preference for cyclical stocks exposed to the reopening narrative.
In the ACUMEN Income Portfolio, we made several changes to increase the dividend yield, which aims to deliver UK CPI +1 % over any 5-year period on a rolling basis. Within fixed income, we reduced exposure to short-dated TIPS and floating rate bonds and increased exposure to high yield and investment grade corporate bonds and sustainable development bank bonds.
ACUMEN Portfolio Holdings
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.