The people's portfolio: oil and gas is gaining weight.
The Moscow Stock Exchange revealed the composition of the People's Portfolio for October - the dozens of most popular stocks among private investors. The share of the oil and gas sector increased from 33.5% to 43%, and the financial sector decreased from 49.7% to 42%.
VTB and ICS 5 dropped from the portfolio, preferred shares of Surgutneftegaz and Norilsk Nickel returned. The first three are the same: Sberbank, LUKOIL and Gazprom. They now make up 62% of the portfolio compared to 56% the previous month.
In October, the People portfolio added 11%, slightly ahead of the Moscow Stock Exchange index with 10.8%. The high share of oil and gas helped, which showed good growth.
But the concentration is the downside of this bet: two sectors make up 85% of the portfolio. If rates in these sectors fall, it will be more difficult to compensate for losses through other securities.
What are you betting on in your investment portfolio?
- for oil and gas.
- to the banks.
— I distribute money between different sectors.