Alessandro Costa
“During the last month we did not change the composition of our portfolio, keeping both sector and geographic allocation unchanged. We also made no changes to the allocation between equity funds and bond funds. As in previous months, the performance of the portfolio suffered mainly because of the portfolio being underweight in the financials sector. However we still expect great volatility in the markets, and we think our portfolio is well allocated to benefit from the current market situation. With regard to the bond portion of the portfolio, we are keeping a conservative approach, by using low tracking error funds, focused on government bonds.”
AMOUNT () FUND
9,500 M&G Global Basics (global equity)
9,000 Templeton Mutual Discovery (global equity)
8,500 M&G UK Recovery (UK equity)
8,000 MFS European Eq (Europe equity)
8,000 Nordea European Value (Europe equity)
8,000 Templeton Mutual European (Europe equity)
8,000 Vontobel Global Value Ex US (global ex US equity)
6,000 UBS US Gth (US equity)
5,500 Generali Euro Bond (Euro bond)
5,500 Parvest Euro Government Bond (Euro bond)
5,500 UBAM Neuberger Berman US Value (US equity)
5,500 Vontobel US Value (US equity)
5,000 ING Global High Dividend (Global equity)
5,000 Janus US Strategic Value (US equity)
3,000 Pictet Japan Eq (Japan equity)
