Performance
Monthly and Year to Date Portfolio Performance
July 2025
Global equity markets continued their upward trend in July, supported by resilient corporate earnings. US equities outperformed with both the S&P 500 and Nasdaq reaching fresh all-time highs, propelled by the strength and dominance of the Mag 7 tech stocks. The currency affects seen in June reversed in July with Sterling weakening by around 3.82% against the US Dollar, marking its worst monthly decline since the 2022 budget crisis. This boosted returns for UK investors as the US market returned 5.9% in Sterling terms versus 2.27% in Dollar terms. Growth leadership continued driven by AI and the Magnificent 7, reinforcing the dominance of growth over value and quality segments. Sovereign debt detracted from returns over the month as yields rose. Investment grade provided positive returns over the month but was outperformed by high yield.
All of this meant that portfolios enjoyed positive returns throughout July. The Passive portfolios performed the best over the month up between 1.03% and 5.55%. The Active portfolios were up between 0.66% and 3.18% and the Blended range sat between the two, up between 0.85% and 4.37%. The Income models lagged behind slightly due to there Value bias, up between 0.78% and 2.41% over the month whereas the Sustainable Portfolios enjoyed the best performance out of our actively managed ranges, up between 0.81% and 3.69%.
Year to Date 2025
Despite a turbulent 2025, the portfolios have all enjoyed positive returns year to date. The Passive range is our best performer up between 4.06% and 8.31%, followed by Income, up between 4.77% and 6.54%. The Active range is up between 3.00% and 3.12% and the Sustainable between 3.52% and 3.79%.
The value of investments and any income they produce can fall as well as rise. You may get back less than you invested.
