KBC investment strategy

What strategy does KBC follow for your investment portfolio?

KBC investment strategy

What strategy does KBC follow for your investment portfolio?

Investment strategy

KBC keeps its finger on the pulse of the financial markets in order to build the best possible investment portfolio for you. The KBC investment strategy offers a concise overview of the current financial and economic climate and the resulting investment decisions.

How to stay up-to-date

Monthly video

Each month, a Dutch video is published that gives a clear view of the economic and financial markets. A specialist discusses any changes in strategy and goes through the investment decisions for the month in question.

The KBC investment strategy in short

How do we see the world?

Economy
  • World growth slows; little sign of it bottoming out.

Oil price and inflation

  • Oil price could edge up in the short term.
  • Underlying inflation in the US remains around the 2% target; still very low in Europe.

Central banks and bond markets

  • Federal Reserve cuts rates; High likelihood of the ECB re-starting its bond purchasing programme.

Risks

  • Trade disputes and Brexit remain key risks.

Stock markets and valuations

  • Share prices remain attractive, but weaker fundamentals are a concern.
  • Bonds are very expensive, but normalisation of interest rates (increase) put on ice.
     

What are we doing in the portfolios?

Asset allocation?

  • Shares slightly below their benchmark level.
  • Corrections not ruled out: buy more on dips.
  • Keep bumping up positions when there is economic recovery, earnings growth and clarity on risks.

Which preferences within the equity component?

  • Preference for the US, with highest level of growth.
  • High dividends as a solid basis.
  • Water exhibiting long-term growth potential.

What about bonds and cash?

  • Preference for cash over bonds.
  • Safe government bonds as stabiliser.
  • Seek returns by investing in high-yield bonds.

Focus and theme sheets

Are you looking for promising investment opportunities or would you like to create your own focuses in your investment portfolio? The focus areas below provide near-term investment opportunities and the themes identify opportunities for the longer term.

Short-term focuses

Medium-term themes

Advisory texts

Our latest insights into various investment topics are given below. Use them to your benefit.

Asset classes

Bond markets

Bond themes

Regions and stock markets

Sectors and stock markets

Themes and stock markets

Alternative investments

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Bonds service

Do you want to invest in bonds? Our strategist will be happy to help you find your way around the current bond market.
Bonds service

Third-party funds

Like to spread your investment portfolio? Investment funds offered by third parties provide useful diversification.
Third-party funds

Risk profiles

Do you like to play it safe, or are you up for the occasional risk? Your risk profile reflects the type of investor you are.
Risk profiles

Real Estate Service

If you don’t want to miss out on any property investment opportunities, you should read all about the KBC Real Estate Service.
Real Estate Service
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