SIF Q1 review: with the ISA deadline looming, I need more stocks!
The end result hasn’t been too bad, though. The portfolio’s performance has only fallen 2% short of the market so far this year, with none of the fuss:
I should point out that this hasn’t been a deliberate strategy on my part. My stock purchases for this model portfolio are dependent on the feed of new ideas supplied by my SIF buying screen.
The rules used in this screen are built around the concept of looking for companies offering affordable growth and near-term momentum. In recent months, there just haven’t been many stocks that have satisfied my rules. Most of those which have are already in the portfolio.
For example, four of the six stocks that qualify for the screen as I write are already in SIF. Of the remaining two, Wentworth Resources (LON:WEN) is under offer and Kaspi.kz AO (LON:KSPI) is a foreign stock that’s outside my investable universe: