Our Strategies
Our four strategies are designed to meet the needs of most UK-based investors. They are mapped to a number of risk profiles commonly used by financial advisers in the UK. On the simple scale below, ‘one’ is low risk, low return and ‘five’ is high risk, high return.
Our portfolios are actively managed in response to markets. There will be points in the cycle when we feel confident and are keen to make hay while the sun is shining. There will be times when we are more defensively positioned. Advisers do not need to worry about switching clients from portfolio to portfolio depending on the market cycle.
Conservative
Aims to achieve a nominal total return greater than cash over five years or longer
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- 4
- 5
Annualised returns (net of fees)
Since inception (30 September 2010 to 30 June 2024)
3.60%
Conservative Strategy TR GBP
2.95%
UK CPI Inflation
2.76%
Peer Group: ARC Cautious PCI TR GBP
Risk budget
25%
Risk assets
75%
Stabilising assets
Can tactically adjust weighting to growth assets, for short periods, not to exceed 40%.
Suitable for:
Investor with a five-year time horizon looking to enhance the return available from cash deposits and fixed interest securities but with low capacity for loss.
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Annual performance to last quarter end
| From | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 |
| To | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
| Conservative Strategy TR GBP | 4.81% | 0.40% | -2.37% | 0.41% | 2.17% |
| ARC Cautious PCI TR GBP | 6.02% | -0.37% | -5.46% | 7.25% | 1.66% |
As of: 30 June 2024
Source: Tacit Investment Management; Morningstar Direct. Strategy performance is shown in GBP, net of management fees of 0.55% and calculated on a total return basis, with net income reinvested. Benchmark performance is shown in GBP, with all income reinvested. Past performance is not a guide to future performance. The value of investments can fall. Investors may not get back the amount invested. Income from investments may vary and is not guaranteed.
Any words of warning?
This strategy should not be seen as a substitute for cash as it does carry investment risk. If inflation outpaces interest rates then this portfolio may meet its objective of beating cash but still make a loss in real terms.
Real Return
Aims to maintain the capital value of the portfolio in real terms over an investment cycle
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- 4
- 5
Annualised returns (net of fees)
Since inception (30 September 2010 to 30 June 2024)
5.57%
Real Return Strategy TR GBP
3.98%
UK CPI Inflation +1%
4.17%
Peer Group: ARC Balanced Asset PCI TR GBP
Risk budget
50%
Risk assets
50%
Stabilising assets
Can tactically adjust weighting to growth assets, for short periods, not to exceed 65%.
Suitable for:
Investor with a time horizon of more than five years looking to achieve an inflation-beating total return in their portfolio.
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Annual performance to last quarter end
| From | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 |
| To | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
| Real Return Strategy TR GBP | 8.98% | 5.06% | -3.54% | 5.68% | -3.52% |
| ARC Balanced Asset PCI TR GBP | 9.15% | 1.25% | -6.54% | 11.84% | 0.50% |
As of: 30 June 2024
Source: Tacit Investment Management; Morningstar Direct. Strategy performance is shown in GBP, net of management fees of 0.55% and calculated on a total return basis, with net income reinvested. Benchmark performance is shown in GBP, with all income reinvested. Past performance is not a guide to future performance. The value of investments can fall. Investors may not get back the amount invested. Income from investments may vary and is not guaranteed.
Any words of warning?
We are in a period of higher inflation and low interest rates. To achieve the client’s objective, we have to use a reasonable amount of risk budget, which means capital losses can be experienced, particularly over short periods.
Steady Growth
Aims to grow the capital value of the portfolio
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- 4
- 5
Annualised returns (net of fees)
Since inception (30 September 2010 to 30 June 2024
6.59%
Steady Growth Strategy TR GBP
5.00%
UK CPI Inflation +2%
5.41%
Peer Group: ARC Steady Growth PCI TR GBP
Risk budget
75%
Risk assets
25%
Stabilising assets
Can tactically adjust weighting to growth assets, for short periods, not to exceed 85%.
Suitable for:
Investor with a time horizon of more than seven years who is looking for capital growth (above inflation) but who cannot tolerate the drawdowns experienced by investing in equities alone.
Download the latest factsheetDownload the latest ARC factsheet
Annual performance to last quarter end
| From | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 |
| To | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
| Steady Growth TR GBP | 11.21% | 8.09% | -8.09% | 13.54% | -3.59% |
| ARC Steady Growth PCI TR GBP | 10.88% | 3.11% | -7.54% | 15.87% | -0.51% |
As of: 30 June 2024
Source: Tacit Investment Management; Morningstar Direct. Strategy performance is shown in GBP, net of management fees of 0.55% and calculated on a total return basis, with net income reinvested. Benchmark performance is shown in GBP, with all income reinvested. Past performance is not a guide to future performance. The value of investments can fall. Investors may not get back the amount invested. Income from investments may vary and is not guaranteed.
Any words of warning?
Clients are much more dependent on equity markets in this portfolio. This should enhance returns but can mean volatility on a day-to-day basis and clients need to be comfortable with this.
Total Return
Aims to optimise the capital value of the portfolio
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- 3
- 4
- 5
Annualised returns (net of fees)
Since inception (30 September 2010 to 30 June 2024)
8.62%
Total Return Strategy TR GBP
6.02%
UK CPI Inflation +3%
6.38%
Peer Group: ARC Equity Risk PCI TR GBP
Risk budget
100%
Risk assets
0%
Stabilising assets
Can tactically adjust weighting to stabiliser assets, for short periods, not to exceed 15%.
Suitable for:
Client with a time horizon of more than seven years and a high tolerance for risk who can accept significant variation in capital values in pursuit of the long-term objective of maximising returns. This client is typically in the accumulation phase of life.
Download the latest factsheetDownload the latest ARC factsheet
Annual performance to last quarter end
| From | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 |
| To | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
| Total Return Strategy TR GBP | 13.11% | 9.80% | -9.87% | 21.13% | 0.49% |
| ARC Equity Risk PCI TR GBP | 12.39% | 4.76% | -9.09% | 20.57% | -1.12% |
As of: 30 June 2024
Source: Tacit Investment Management; Morningstar Direct. Strategy performance is shown in GBP, net of management fees of 0.55% and calculated on a total return basis, with net income reinvested. Benchmark performance is shown in GBP, with all income reinvested. Past performance is not a guide to future performance. The value of investments can fall. Investors may not get back the amount invested. Income from investments may vary and is not guaranteed.
Any words of warning?
Equity markets can fall and there will be volatility with this portfolio.
Our investment approach
We believe our process and our strategies can meet the core needs of most of your clients.
An experienced team
Not much to look at, we know, but decades of experience managing investments institutionally.