Hello Everyone,
Here is a link to the April Newsletter.
It was unfortunate that this year got off to a relatively slow start. Only 11 out of the 34 sectors that we regularly monitor went up in January, and all of the sectors in the ‘Steady as She Goes’ Group went down.
However, I’m glad to say that February was more encouraging, with 24 sectors making gains, and all sectors went up in March. Not just the 34 that we usually report on, but all of the overseas bond sectors as well. That’s something that we haven’t seen since June 2019.
Unfortunately, April hasn’t started particularly well, but there’s plenty of time for a comeback.
Both of our portfolios continue to make steady progress and are up on where they were when we were preparing the last newsletter. Since then, we have also reduced our exposure to funds in the ‘Safe Haven’ Group and added to our holdings in some of the more adventurous funds.
When we reviewed the portfolios earlier this week, the Tugboat was showing a six-month gain of 5.0% and the Ocean Liner was up 6.6%.
As always, I hope that you enjoy this month’s newsletter and I look forward to hearing any feedback.
It was unfortunate that this year got off to a relatively slow start. Only 11 out of the 34 sectors that we regularly monitor went up in January, and all of the sectors in the ‘Steady as She Goes’ Group went down.
However, I’m glad to say that February was more encouraging, with 24 sectors making gains, and all sectors went up in March. Not just the 34 that we usually report on, but all of the overseas bond sectors as well. That’s something that we haven’t seen since June 2019.
Unfortunately, April hasn’t started particularly well, but there’s plenty of time for a comeback.
Both of our portfolios continue to make steady progress and are up on where they were when we were preparing the last newsletter. Since then, we have also reduced our exposure to funds in the ‘Safe Haven’ Group and added to our holdings in some of the more adventurous funds.
When we reviewed the portfolios earlier this week, the Tugboat was showing a six-month gain of 5.0% and the Ocean Liner was up 6.6%.
As always, I hope that you enjoy this month’s newsletter and I look forward to hearing any feedback.
Kind regards and best wishes,
Richard Webb
Managing Director
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