Market MedalsEvery edition
The Conviction 10 month by month: who came in, who left, and what the ten had done by then. 15 editions, from September 2025.
Back issues were reconstructed in October 2026. Each shows what the portfolio's rules, as published today, would have held at the end of that month, worked out from the medals as they stood on that date. They were not published at the time: we have published the portfolio month by month since the September 2026 edition.
2026
| Edition | What changed | The month before · simulated | |
|---|---|---|---|
| November 2026 Current | Three energy names leave as faster-moving industries claim their places | -10.4% | Report (PDF) |
| October 2026 | Three gold medallists arrive as the portfolio beats a falling market | +5.4% | Report (PDF) |
| September 2026 | Three gold medallists arrive as banks and insurers join the line-up | +2.9% | Report (PDF) |
| Before our first edition · back issues, reconstructed | |||
| August 2026 Back issue | Half the portfolio changes as five gold medallists arrive | -9.1% | Report (PDF) |
| July 2026 Back issue | Kioxia and TD Synnex arrive as Zijin Mining and Popular depart | +5.1% | Report (PDF) |
| June 2026 Back issue | Three new gold medallists arrive as three others lose theirs | +26.0% | Report (PDF) |
| May 2026 Back issue | Eurobank comes in with gold as Talen Energy loses its medal | +13.3% | Report (PDF) |
| April 2026 Back issue | Half the line-up changes as mining's six-month run leads the field | -11.1% | Report (PDF) |
| March 2026 Back issue | Three gold medallists arrive from fast-moving industries as three names leave | +7.4% | Report (PDF) |
| February 2026 Back issue | Five in, five out as mining's 46% run sets the pace | +14.5% | Report (PDF) |
| January 2026 Back issue | Three gold-medal newcomers arrive as three names leave Conviction 10 | +6.1% | Report (PDF) |
2025
| Edition | What changed | The month before · simulated | |
|---|---|---|---|
| December 2025 Back issue | Enerflex and Solaris arrive as ten places draw on four industries | +1.2% | Report (PDF) |
| November 2025 Back issue | Seven in, seven out as the portfolio follows faster-moving industries | +2.9% | Report (PDF) |
| October 2025 Back issue | Five new gold medallists arrive as five names step aside | +3.6% | Report (PDF) |
| September 2025 Back issue | Half the model portfolio turns over as mining leads the way | +5.9% | Report (PDF) |
Simulated: the published rules applied every month from Oct 2020 to Oct 2026, with a 0.1% cost on every trade; the market is every stock we rate, each counted equally. Simulated past performance is not a reliable indicator of future results.
The lists, the day they're out
Each month's Conviction 10 and Gold Income 10 - every name, and the report on each - in your inbox the day they are published. Free while we launch.