Total return performance has been calculated up until June 2022 by assuming the receipt of a quarter of the projected income every 3 months with this being reinvested into two model positions at half yearly intervals. Since this point in time we have held the accumulation share class of a fund wherever possible, the projected income from the other positions being re-invested on a quarterly basis as part of a general re-balance exercise.

Any performance information shown represents model portfolios which are periodically restructured and/or rebalanced. Although the model portfolios are representative of a client’s individual portfolio, the actual returns may vary from the model portfolio returns shown. In addition, model portfolio performance quoted does not take into consideration the cost of investing and /or management fees. The returns achieved by a client may be lower than the returns shown above. Although the model portfolios are representative of a client’s individual portfolio the asset allocation of and the investments held in a client’s individual portfolio may differ.

Investing in stockmarket based investments may not be right for all investors. You should consider carefully and/or seek professional guidance before investing. Please remember that past performance should not be seen as a guide to future performance. The value of an investment and any income from it can fall as well as rise as a result of market and currency movements and you may not get back the amount you originally invested.