The Tugboat portfolio: safely in port

Saltydog’s Richard Webb updates us on his cautious portfolio, the Tugboat.

Saltydog's Richard Webb updates us on its cautious portfolio, the Tugboat.

As momentum investors, we are always seeking patterns in the markets. The picture right now is quite clear. Over the last four weeks, the only sector to have gained is the Absolute Returns' sector (remember, we're only looking at the top funds in each sector plenty of absolute-return' funds have turned out to deliver anything but). All others are now negative. The good news is that by monitoring the trends, we've been able to react.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Swipe to scroll horizontally
Safe HavenCash72%72%
Slow AheadCF Odey UK Absolute Return21%21%
Steady As She GoesPFS Chelverton UK Equity Inc7%7%
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.