Portfolio Construction
Each risk band is a data-quality-weighted average across every fund in that band (35 Lower · 27 Medium · 38 Higher), collated on 22 June 2026 from the latest available factsheets. The four tiers show the same figures at progressively finer category detail. For a bigger investment portfolio, the trading fees are less important, so I can afford to be more detailed in how I emulate the average allocations. For more information on this, see my book.
Lower Risk
Cash2.63%
Global Bonds59.18%
Global Shares38.18%
Medium Risk
Cash1.46%
Global Bonds37.89%
Global Shares60.66%
Higher Risk
Cash1.68%
Global Bonds11.34%
Global Shares86.98%
Lower Risk
Cash2.63%
Global Government Bonds38.56%
Global Corporate Bonds20.62%
Global Shares29.33%
Alternatives8.85%
Medium Risk
Cash1.46%
Global Government Bonds20.08%
Global Corporate Bonds17.81%
Global Shares54.67%
Alternatives5.98%
Higher Risk
Cash1.68%
Global Government Bonds5.76%
Global Corporate Bonds5.58%
Global Shares79.90%
Alternatives7.08%
Lower Risk
Cash2.63%
Short-term Bonds9.20%
Global Gov’t Bonds29.37%
Global Corp’ Bonds20.62%
Global Shares29.33%
Alternatives8.85%
Medium Risk
Cash1.46%
Short-term Bonds1.59%
Global Gov’t Bonds18.49%
Global Corp’ Bonds17.81%
Global Shares54.67%
Alternatives5.98%
Higher Risk
Cash1.68%
Short-term Bonds0.26%
Global Gov’t Bonds5.50%
Global Corp’ Bonds5.58%
Global Shares79.90%
Alternatives7.08%
Lower Risk
Cash2.63%
Short-term Bonds9.20%
UK Gov’t Bonds11.15%
Global Gov’t Bonds18.22%
UK Corp Bonds4.17%
Global Corp Bonds16.45%
UK Shares5.99%
Global Shares23.34%
Alternatives8.85%
Medium Risk
Cash1.46%
Short-term Bonds1.59%
UK Gov’t Bonds7.40%
Global Gov’t Bonds11.08%
UK Corp Bonds5.32%
Global Corp Bonds12.49%
UK Shares10.43%
Global Shares44.25%
Alternatives5.98%
Higher Risk
Cash1.68%
Short-term Bonds0.26%
UK Gov’t Bonds1.49%
Global Gov’t Bonds4.01%
UK Corp Bonds1.11%
Global Corp Bonds4.47%
UK Shares15.45%
Global Shares64.45%
Alternatives7.08%
This is for illustrative purposes only and does not constitute financial advice. Allocations shown are blended averages across a fund range as at the date of calculation and will change over time. Past performance and current composition are not a guide to future returns.