The UK Portfolio continues to hold four positions, all selected from the London Stock Exchange in line with our regional focus. This week, we review recent performance and reaffirm our commitment to each holding.
Portfolio Performance
- Oxford Instruments (OXINF): -10.96% since pick. The stock has declined amid broader weakness in the technology sector, but fundamentals remain intact. We see no reason to close.
- QinetiQ Group (QNTQF): 0.00% since pick. No price change yet; the defense sector outlook remains supportive.
- Softcat (SFTCY): 0.00% since pick. No trading data available; we monitor for liquidity.
- Balfour Beatty (BAFBF): -8.17% since pick. Infrastructure spending outlook is positive; the decline is temporary.
Risk and Concentration
The portfolio is diversified across technology (Oxford Instruments, Softcat), defense (QinetiQ), and infrastructure (Balfour Beatty). No single position dominates. All stocks are UK-listed, adhering to our regional mandate.
What to Watch
Key factors include UK economic data, defense budget announcements, and technology sector trends. We will reassess positions as they approach the 180-day minimum holding period.
Risk Disclaimer: This is not investment advice. Past performance is not indicative of future results. All investments carry risk, including loss of principal. Consult a financial advisor before making investment decisions.