Investing in funds: All aboard the 'Tugboat'

Saltydog’s Richard Webb looks at how their cautious portfolio, the ‘Tugboat’, has performed, and decides which changes to make.

The Saltydog Investor strategy aims to boost fund investors' returns via a simple momentum strategy: buy what's rising, and avoid what's falling. You can read more here. Saltydog's Richard Webb looks at the latest updates to their cautious portfolio, the Tugboat'.

As momentum' investors, we look for the best-performing sectors (using Investment Management Association definitions), pick the top funds in each, and average out their performance to see which area of the market from least risky to most risky is performing most strongly.

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