In our monthly Dynamic Portfolio review we provide some background commentary and insights, as well as performance tables & graphs, risk tables, and where to go to find the new funds for each Dynamic Portfolio.
As ever, if you have any questions about the below research please do not hesitate to contact us.
The new funds for each Dynamic Portfolio will be listed below, or alternatively you can view the new funds on the designated Portfolio Library page.
Performance Graphs will be over their review period unless stated otherwise.
The Dynamic Portfolio’s below are sorted A-Z.
Commentary
Three portfolios are up for review this month:
- Dynamic Japan 3-Month Portfolio
- Dynamic UK Blended Portfolio
- Dynamic World Ex UK Portfolio
Dynamic Japan 3-Month Portfolio
It was a busy three months in Japan, marked by a flash crash in August, a new Prime Minister sworn in and an unexpected snap election shortly afterward. Nonetheless the market ended the three-month period relatively flat.
This dynamic portfolio was down 0.33% which outperformed the index, down over 5%.
Since its inception in 2000, the portfolio has returned an impressive 416.9% compared to a 107.4% gain from the index. That’s more than 3.8x the index over the same period.
Dynamic UK Blended Portfolio
This portfolio navigated a significant 6-month period, including a general election and the first of Labour’s Budget, announced at the end of October.
This portfolio still managed to post a gain over the period, up 3.98% vs the FTSE 100 index returning 1.35%.
Long-term, the portfolio’s performance is remarkable, returning over 8x the index since its inception in May 2000.
Interestingly looking ahead, the next 6-month period sees three small-cap funds make their way in.
Dynamic World Ex UK Portfolio
The strongest performer in terms of gains among the reviewed portfolios this month, Dynamic World Ex UK is up 6.87%, though lagging the benchmark up 8.39%.
Despite not being one of our star performers, this portfolio has still made impressive gains vs the benchmark since its inception in May 2000, up 947% compared to 496%.
For the next period, two US funds, one small/mid cap and one large-cap are being added to the portfolio, along with an Asia fund that has benefited from China’s recent performance.
- Dynamic Japan 3-Month Portfolio
-
3-Month Review
Dynamic Japan 3-Month Portfolio: down 0.33%
TSE TOPIX: down 5.38%
Review Period Performance Chart
Performance Table
|
Name
|
3m
|
6m
|
1yr
|
3yr
|
5yr
|
Since Inception
(Feb 00)
|
|
Dynamic Japan 3-Month Portfolio
|
-0.33
|
2.19
|
20.34
|
0.12
|
49.5
|
416.90
|
|
TSE TOPIX
|
-5.38
|
-3.06
|
11.12
|
11.21
|
24.13
|
107.37
|
Risk Table
|
Name
|
Worst Month
|
5 Year Volatility *
|
5-Year Monthly VaR**
|
|
Dynamic Japan 3-Month Portfolio
|
-17.55
|
17.17
|
-8.56
|
|
TSE TOPIX
|
-13.27
|
12.17
|
-6.66
|
Review Table
- Dynamic UK Blended Portfolio
-
6-Month Performance
Dynamic UK Blended Portfolio: up 3.98%
FTSE 100 Index: up 1.35%
Review Period Performance Chart
Performance Table
|
Name
|
6m
|
1yr
|
3yr
|
5yr
|
Since Inception
(May 00)
|
|
Dynamic UK Blended Portfolio
|
3.98
|
22.67
|
10.02
|
58.99
|
1778.23
|
|
FTSE 100 Index
|
1.35
|
15.01
|
25.38
|
34.12
|
209.28
|
Risk
|
Name
|
Worst Month
|
5 Year Volatility *
|
5-Year Monthly VaR**
|
|
Dynamic UK Blended Portfolio
|
-16.35
|
15.4
|
-5.95
|
|
FTSE 100 Index
|
-13.41
|
13.46
|
-5.44
|
Review
- Dynamic World ex UK Portfolio
-
6-Month Performance
Dynamic World ex UK Portfolio: up 6.87%
FTSE World ex UK Index: up 8.39%
Review Period Performance Chart
Performance Table
|
Name
|
6m
|
1yr
|
3yr
|
5yr
|
Since Inception
(May 00)
|
|
Dynamic World ex UK Portfolio
|
6.87
|
30.51
|
3.65
|
62.79
|
947.22
|
|
FTSE World ex UK Index
|
8.39
|
26.52
|
29.5
|
81.08
|
496.18
|
Risk
|
Name
|
Worst Month
|
5 Year Volatility *
|
5-Year Monthly VaR**
|
|
Dynamic World ex UK Portfolio
|
-14.28
|
14.82
|
-7.05
|
|
FTSE World ex UK Index
|
-12.60
|
13.11
|
-5.4
|
Review
Performance data as of 31/10/2024
*A measure of the size and frequency of short term changes in the value of an investment.
**Monthly Value at Risk (VaR). A VaR of 6% means that in 19 months out of 20 you should not, on average, expect a fall in the capital value of more than 6% in any one month. The VaR of a typical UK stock market fund is 6%, for reference.