Investment Articles & Insights

Portfolio rebalancing isn’t a major focus for most investors. Yet, it’s one of the few disciplines that materially shapes long-term investment outcomes. It determines how risk compounds, how your behaviour interferes with your performance, and ultimately whether your portfolio shape is intentional or accidental.

The idea of regular, consistent payments is a critical part of an income-focused portfolio. Ensuring that a portfolio actually looks and works that way across extended periods can take a bit more planning. It’s not as simple as bunging everything into a bond and taking a monthly coupon.

For bond investors, the first few months of 2026 have been chaotic to say the least. It has been a year in which duration, inflation sensitivity, and market structure have mattered again, often brutally.

Readers may have noticed a shift in the Contrarius Global Equity Fund’s Top 10 holdings compared to a few months ago. We have previously noted that we are finding attractive value in selected companies that we believe to be AI-Winners and those that we believe to be AI-Proof, while attempting to avoid those we believe to be AI-Threatened.