Tavistock Wealth Library
ACUMEN ESG Protection Portfolio
Protection Portfolio Literature
Tavistock Wealth Literature
Monthly Portfolio Changes
In January, we made one change to the portfolios. US investment grade debt performed exceptionally well last year but now yields less than rising expectations for inflation. As such, we decided the time was right to take some profit and reduce duration-risk by rotating into a short-dated equivalent. We did not make any changes to our investments in equities, commodities or property this month.
ACUMEN Portfolio Holdings
Please see below our monthly Sterling chart, showing the month end GBP/USD rate of 1.37, 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.