Model Portfolios
Three illustrative portfolios our analysts manage in the open — Income, Quality/Growth, and Hidden Gems. We review them every Saturday and show every decision, with realistic dealing costs, so the track record is honest.
Illustrative model portfolios — hypothetical. No money is invested. For research and education only. Not advice and not a recommendation to buy or sell any security. Costs are modelled assumptions (and exclude taxes). Past performance is not a guide to the future, and returns since a June 2026 launch cover too short a period to judge a strategy. The value of investments, and the income from them, can fall as well as rise.
Income
Launched 27 June 2026 · £100,000 modelAims for a reliable, growing income from UK dividend payers, with a savings rate of around 4.5% as the yardstick. Unlike cash, the income and capital are not guaranteed. Dividends accumulate in a separate income pot.
- Legal & GeneralLGEN£10,545+5.5%
- Brooks MacdonaldBRK£11,925+19.3%
- PayPointPAY£12,175+21.8%
- Smiths NewsSNWS£11,910+19.1%
- M.P. EvansMPE£11,976+19.9%
- Imperial BrandsIMB£10,300+3.3%
- Greencoat UK WindUKW£11,443+14.4%
- LondonMetric PropertyLMP£9,520-4.8%
- Sirius Real EstateSRE£9,859-1.4%
- Schroder Real EstateSREI£9,209-7.9%
Reviewed every Saturday; we trade only when a thesis plays out or breaks, or a clearly better idea earns a place — every change shown. Dealing costs modelled (£10/trade + a size-tiered spread) — that's why each holding starts a touch below £10,000.
Quality / Growth
Launched 27 June 2026 · £100,000 modelThe compounders — durable franchises with high returns on capital and an upgrade trail the sweeps keep confirming.
- AstraZenecaAZN£8,807-10.5%†incl. £54.86 dividends · price -11.0%
- RightmoveRMV£11,535+16.3%†incl. £94.58 dividends · price +15.4%
- NextNXT£10,282+4.5%†incl. £123.08 dividends · price +3.2%
- DiplomaDPLM£10,199+2.5%
- SoftcatSCT£9,460-5.3%
- Morgan SindallMGNS£9,435-15.2%†incl. £110.55 dividends · price -16.2%
- AJ BellAJB£10,088+0.9%
- FRP AdvisoryFRP£10,859+11.1%†incl. £245.20 dividends · price +8.6%
- Keystone LawKEYS£13,475+39.4%†incl. £277.65 special + £177.70 dividends · price +34.8%
- Tatton Asset ManagementTAM£8,924-10.7%
Reviewed every Saturday; we trade only when a thesis plays out or breaks, or a clearly better idea earns a place — every change shown. † Total return: where a holding has paid dividends or a special dividend, or has returned cash through a tender offer or partial sale, the figure adds that cash to the value of the shares still held and measures the total against the original cost. The cash itself sits in the portfolio's cash balance. The share-price-only figure is shown underneath. Dealing costs modelled (£10/trade + a size-tiered spread) — that's why each holding starts a touch below £10,000.
Hidden Gems
Launched 27 June 2026 · £100,000 modelUnderappreciated companies where the thesis is turning more positive — value the raw numbers miss. A subjective pick, not an algorithm.
- The Works.co.ukWRKS£13,072+30.7%
- Johnson MattheyJMAT£9,163+15.7%†incl. £2,401.56 special · price -8.4%
- CohortCHRT£11,491+16.1%†incl. £101.64 dividends · price +15.0%
- Distribution Finance CapitalDFCH£10,721+7.2%
- Orchard FundingORCH£11,292+17.9%†incl. £494.55 dividends · price +12.9%
- IofinaIOF£10,549+5.5%
- MS InternationalMSI£10,989+8.8%
- RedcentricRCNJuly tender: the company bought back 35% of this position at 160p — that cash (and its realised gain) sits in the portfolio total. The figure here is the retained shares only; blended, this position is roughly -4.5%.£4,446-10.6%†incl. £4,491 returned · price -31.3%
- B.P. Marsh & PartnersBPM£9,940+0.4%†incl. £99.12 dividends · price -0.6%
- MHAMHA£10,193+3.6%†incl. £163.20 dividends · price +1.9%
Reviewed every Saturday; we trade only when a thesis plays out or breaks, or a clearly better idea earns a place — every change shown. † Total return: where a holding has paid dividends or a special dividend, or has returned cash through a tender offer or partial sale, the figure adds that cash to the value of the shares still held and measures the total against the original cost. The cash itself sits in the portfolio's cash balance. The share-price-only figure is shown underneath. Dealing costs modelled (£10/trade + a size-tiered spread) — that's why each holding starts a touch below £10,000.