In a very challenging month for investors – the Watershed Portfolios all delivered substantial outperformance against their benchmarks. Of particular note was that our Conservative and Balanced Portfolios achieved a strong positive return despite their benchmarks falling into negative territory – highlighting the benefits of our emphasis on downside protection.
Our Investment Team are currently focused on:
- Inflationary pressure believing it will precipitate a normalisation of monetary policy
- Remaining short duration aware that traditional fixed income will fail to be defensive in a rising yield environment
- Maintaining a dynamic approach to asset allocation with a focus on downside protection