Report
James Carthew

Walking the walk

In mid-2017, Seneca Global Income & Growth Trust’s (SIGT’s) manager set out a clear road map of how it would gradually reduce the trust’s weighting to equities over the next couple of years. The manager has been sticking to this plan and, in this report, an update is provided on the changes that have been made to SIGT’s portfolio. The manager expects to see a global recession in 2020 with a global bear market in equities commencing in 2019. The aim is that SIGT’s portfolio will be meaningfully underweight equities as developed markets and economies reach their peak phase (during which equities traditionally show their poorest performance)

Underlying
Seneca Global Income & Growth

Provider
QuotedData Retail
QuotedData Retail

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Analysts
James Carthew

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