SIF Folio Q1 25 update: a tough start to the year
It’s been a tough start to the year for my rules-based Stock in Focus model portfolio, which has lagged the market so far in 2025.
The UK market as a whole has been lifted by big gains for some of the largest constituents of the FTSE 100, which is a market-cap weighted index:
However, these strong performances haven’t been echoed in all parts of the market and the evenly-weighted all-cap SIF portfolio has underperformed the market so far this year.
SIF Q1 25 performance review
The value of the portfolio fell by 4.5% during the third quarter, compared to a 3.5% rise for the FTSE All Share index:
The portfolio’s performance since inception remains well above the market average, although the gap has narrowed a little this year::
My sums suggest the portfolio has generated an annualised return of 7.3% in the nine years since its inception in 2016, excluding dividends.
SIF Folio - Income focus: in my 2024 review at the start of January I discussed a change in the portfolio’s remit to focus more heavily on income.
Only a handful of...
The UK market as a whole has been lifted by big gains for some of the largest constituents of the FTSE 100, which is a market-cap weighted index:
However, these strong performances haven’t been echoed in all parts of the market and the evenly-weighted all-cap SIF portfolio has underperformed the market so far this year.
SIF Q1 25 performance review
The value of the portfolio fell by 4.5% during the third quarter, compared to a 3.5% rise for the FTSE All Share index:
The portfolio’s performance since inception remains well above the market average, although the gap has narrowed a little this year::
My sums suggest the portfolio has generated an annualised return of 7.3% in the nine years since its inception in 2016, excluding dividends.
SIF Folio - Income focus: in my 2024 review at the start of January I discussed a change in the portfolio’s remit to focus more heavily on income.
Only a handful of...