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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits on some products.
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How I'm investing my ISA this tax year

Thought Starters
Charles White-Thomson

CEO, Saxo Markets UK

Summary:  The 2022/23 ISA season has kicked in, and what an excellent vehicle the ISA is to invest GBP 20,000 where all profits are tax free.

Given the Chancellor’s budget this year, it seems that tax free is an increasingly rare beast, so I plan to take full advantage of this year’s ISA allowance.

I have reviewed my investment notes from ISA 2021/2022 when my focus was around inflation, commodities with a focus on agriculture, softs and water, FTSE 100 mid 6000s, gold and general miners and a bit of volatility. In general, these were all good calls except for volatility which was just poor.

This year, the themes I’m focusing on are centered around uncertain geopolitical background, rampant inflation, the longer-term impact of Covid-19, the war in Ukraine and increasing interest rates. All this points to a defensive approach and dollar averaging or investing part of the GBP 20,000 each month, to avoid mistiming the market and top ticking.

My investments will include a big allocation to well managed and mature long short hedge funds. The shorts in their book should help cushion against markets in decline. If your portfolio is overweight Europe and the UK, pick a hedge fund with a European focus.

I will also continue with Commodities but this year I intend to focus on gold miners and gold.  I like the defensive qualities of gold and at some point, gold should break out in the face of mounting inflation and uncertainty.  To this I will add, a much-overlooked commodity – water. There are water ETFs which provide access to water companies with their defensive qualities and yield.

My overall strategy is to stay confident and if there is a large sell off, I will update my strategy to pick up heavily sold off global equities.

Quarterly Outlook Q2 2022: The End Game has arrived

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    Shocks from covid and the war in Ukraine have forced the global financial and political world to change, but what will the end game be?
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    As the world economy hits physical limits and central banks tighten their belts, could equities be facing a 10-15% downside?
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  • The great EUR recovery and the difficulty of trading it

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  • Tight commodity markets – turbocharged by war and sanctions

    With supply already tight, commodities keep powering on. But will it last for yet another quarter?
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  • Between a rock and a hard place

    Geopolitical concerns will add upward price pressures and fears of slower growth, while volatility will remain elevated.
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  • The Great Erosion

    Inflation is everywhere and central banks try to combat it. But will they get it under control in time?
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  • Australian investing: Six considerations amid triple Rs: rising rates, record inflation and likely recession

    While global financial markets are struggling in an uncertain world, the commodity-heavy Australian ASX index is poised to keep a positive momentum.
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  • Cybersecurity – the rush to catch up with reality

    With the invasion of Ukraine, governments and private companies are rushing to reinforce their cyber defenses.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, or any of our other products work, and whether you can afford to take the high risk of losing your money. The value of your investments can go down as well as up. Losses can exceed deposits on some margin products. Professional clients can lose more than they deposit. All trading carries risk.

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