The 'Tugboat' portfolio: an update

Saltydog Investor aims to boost fund investors’ returns via a simple strategy: buy what’s rising, and avoid what’s falling. Here, Saltydog’s Richard Webb reviews his cautious portfolio, ‘Tugboat’.

Saltydog Investor aims to boost fund investors' returns via a simple strategy: buy what's rising, and avoid what's falling. Read more at here.Saltydog's Richard Webb updates us on its cautious portfolio, Tugboat'.

Looking at the average performance of the top funds in each sector (using Investment Management Association definitions), most sectors rose for the third week in a row, with the exception of sterling corporate bonds, gilts, and index-linked gilts. In the lead were China and North America, with Japan not far behind.

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Safe HavenCash26%27%
Slow AheadCF Odey UK Absolute Return10%0%
Slow AheadFidelity MoneyBuilder Income (Acc)20%20%
Slow AheadHenderson Long Dated Credit8%16%
Steady As She GoesChelverton UK Equity Income7%7%
Steady As She GoesCazenove UK Equity Income10%10%
Full Steam AheadLegg Mason Japan Equity13%14%
Full Steam AheadNeptune Japan Opportunities7%14%
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