Tavistock Wealth Library

DECEMBER 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

Protection Portfolio Literature

ACUMEN Capital Protection

Portfolio Brochure

Protection Portfolios –

Product Specification

ACUMEN Income-Protection

Portfolio Brochure

Protection Portfolio

Availability

Fund Risk Profiling Report

(ACPP, AIPP & AEPP)

Tavistock Wealth Literature

The Who, What, How,

Where & Why of Investing

Tavistock PROFILES

Brochure

Tavistock Wealth Rolling

12-Month Review

Due Diligence

Questionnaire

Quarterly Perspectives –

Q2 2020

Quarterly Perspectives –

Q3 2020

Quarterly Perspectives –

Q4 2020

Quarterly Perspectives –

Q1 2021

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 December, we made several changes to the portfolios. In equities, we sold our allocation to the US healthcare sector and invested in UK equities which are attractively valued and should benefit from a deal on Brexit, a rebound from overly pessimistic dividend expectations and a rotation towards value sectors of the economy following a noticeable improvement in the economic outlook. We also took profit on our allocation to EM ESG and invested the proceeds into Brazilian equities which tend to perform well against a backdrop of recovering global GDP, low interest rates and a weakening US dollar. We did not make any changes to our investments in fixed income, commodities or 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

ACUMEN MPS 3

ACUMEN MPS 4

ACUMEN MPS 5

ACUMEN MPS 6

ACUMEN MPS 7

ACUMEN MPS 8

ACUMEN MPS ESG 5

ACUMEN MPS ESG 7

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 1.29, which is below the 5, 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.