[April 2026 Update] RL360° Monthly Report | United BM Wealth Limited's Investment Performance Released
United BM Wealth Limited released its updated investment performance report for the US portfolio of the RL360° Regular Savings Plan (RSP) on April 22, 2026. The fund manager, Tomoe Ohkoshi, explains the strategy amidst market volatility driven by geopolitical risks, noting a -7.11% return in March but strong cumulative returns of 53.48% over the last year and 88.57% since inception.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 21:00
- 🔍 Collected: April 24, 2026 at 12:31
- 🤖 AI Analyzed: April 24, 2026 at 18:25 (5h 54m after Collected)
We are pleased to report that on April 22, 2026, the investment performance of the portfolio constructed by the fund manager of United BM Wealth Limited (Representative Director: Tomoe Ohkoshi) was updated. The target of management is RL360°'s Regular Savings Plan (RSP), which is managed by its parent company, Bill Morrisons. Please note that this is past performance, and future returns are not guaranteed. Please use this information as a reference when deciding on your asset formation strategy.
Consultations on asset formation are available here.
RL360° Investment Performance
United BM Wealth Limited is disclosing the figures for its US portfolio performance. The following returns are before fees.
The US portfolio is a portfolio constructed by our fund manager.
The return for March 2026 was -7.11%. As a result, the cumulative return before fees for the past year was 53.48%, and from the start of the savings plan, it was 88.57%.
The asset allocation is extremely skewed, with 99.29% in equity and 0.71% in the short-term money market. Below, we present an excerpt and edited version of the fund manager's comments on the March performance.
▼ Fund Manager's Comments
I believe that every investor feels, 'America has started another attack without warning.' For long-term portfolio holders, this is unbearable.
However, I had already cut my losses on gold, which soared last year, and US stocks, whose earnings were sluggish, even before the war. Therefore, there was almost no loss from the significant plunges of both, which is being called a 'mini-Lehman shock.'
However, nothing was gained either. The reason is that I could not find a way to increase positions in Israeli stocks, which seem to be the only winner in the war with Iran.
The reason for not significantly adjusting the portfolio since mid-March is that the essence of this war issue revolves around 'crude oil.' After the war, with an inflationary environment continuing, it took time to think about what to buy. However, no assets with a more than 70% probability of soaring were found.
The outlook for each asset class is as follows:
・ US Stocks: Below the 200-day moving average, recovery will take time.
・ US Bonds: While there is room for purchase due to continued interest rate hikes, prices will continue to decline.
・ Emerging Market Stocks: Difficult to rise given the situation where the US cannot cut interest rates.
・ Gold: Significant decline. Room for reinvestment, but highly speculative.
・ Crude Oil: Continues to rise, with a possibility of a long-term crash.
Considering these factors comprehensively, the portfolio consists of 99.29% equity and 0.71% short-term money market. Finding funds related to infrastructure and manufacturing in developed countries, in particular, was at least a small salvation. While significant appreciation is not expected, the probability of a decline is estimated to be around 80%.
Ideally, I would have wanted to purchase funds linked to inflation indices, but RL360° does not have such products. Also, regarding Chinese stocks, which I believe play a part in the purpose of the war between Iran and the US, the outlook for recovery is difficult due to the disruption of crude oil supply from Iran.
In this release, we are only disclosing our US portfolio, but we also construct other portfolios such as active, balanced, and Maverick types.
The performance of other portfolios is published on the offshore investment media 'Comparative Study of Offshore Savings,' so please take a look.
▼ RL360° portfolio performance here:
https://kaigaihoken-kenkyu.com/blog010/
About the Regular Savings Plan (RSP)
RSP is a flagship product of RL360°. It involves selecting about 10 funds from over 350 types worldwide to construct and manage a portfolio.
The longer and higher the savings amount, the higher the bonus rate, which can offset fees. Also, fund changes are free and unlimited, allowing timely rebalancing according to market trends.
With high flexibility in management and compounding through long-term savings, you can aim for both stability and growth. In offshore investments, including RL360°, the management is not done by the contract holder themselves but by an IFA.
Entrusting management to a competent IFA with extensive support is key to successful asset formation in offshore investment.
The details of RSP are as follows:
Savings Period
5 to 25 years
Selectable in 1-year increments
Investment Period
After contract ~ 99 years
Initial Account Period
18 to 24 months
Varies by contract period
Consultations on asset formation are available here.
RL360° Investment Performance
United BM Wealth Limited is disclosing the figures for its US portfolio performance. The following returns are before fees.
The US portfolio is a portfolio constructed by our fund manager.
The return for March 2026 was -7.11%. As a result, the cumulative return before fees for the past year was 53.48%, and from the start of the savings plan, it was 88.57%.
The asset allocation is extremely skewed, with 99.29% in equity and 0.71% in the short-term money market. Below, we present an excerpt and edited version of the fund manager's comments on the March performance.
▼ Fund Manager's Comments
I believe that every investor feels, 'America has started another attack without warning.' For long-term portfolio holders, this is unbearable.
However, I had already cut my losses on gold, which soared last year, and US stocks, whose earnings were sluggish, even before the war. Therefore, there was almost no loss from the significant plunges of both, which is being called a 'mini-Lehman shock.'
However, nothing was gained either. The reason is that I could not find a way to increase positions in Israeli stocks, which seem to be the only winner in the war with Iran.
The reason for not significantly adjusting the portfolio since mid-March is that the essence of this war issue revolves around 'crude oil.' After the war, with an inflationary environment continuing, it took time to think about what to buy. However, no assets with a more than 70% probability of soaring were found.
The outlook for each asset class is as follows:
・ US Stocks: Below the 200-day moving average, recovery will take time.
・ US Bonds: While there is room for purchase due to continued interest rate hikes, prices will continue to decline.
・ Emerging Market Stocks: Difficult to rise given the situation where the US cannot cut interest rates.
・ Gold: Significant decline. Room for reinvestment, but highly speculative.
・ Crude Oil: Continues to rise, with a possibility of a long-term crash.
Considering these factors comprehensively, the portfolio consists of 99.29% equity and 0.71% short-term money market. Finding funds related to infrastructure and manufacturing in developed countries, in particular, was at least a small salvation. While significant appreciation is not expected, the probability of a decline is estimated to be around 80%.
Ideally, I would have wanted to purchase funds linked to inflation indices, but RL360° does not have such products. Also, regarding Chinese stocks, which I believe play a part in the purpose of the war between Iran and the US, the outlook for recovery is difficult due to the disruption of crude oil supply from Iran.
In this release, we are only disclosing our US portfolio, but we also construct other portfolios such as active, balanced, and Maverick types.
The performance of other portfolios is published on the offshore investment media 'Comparative Study of Offshore Savings,' so please take a look.
▼ RL360° portfolio performance here:
https://kaigaihoken-kenkyu.com/blog010/
About the Regular Savings Plan (RSP)
RSP is a flagship product of RL360°. It involves selecting about 10 funds from over 350 types worldwide to construct and manage a portfolio.
The longer and higher the savings amount, the higher the bonus rate, which can offset fees. Also, fund changes are free and unlimited, allowing timely rebalancing according to market trends.
With high flexibility in management and compounding through long-term savings, you can aim for both stability and growth. In offshore investments, including RL360°, the management is not done by the contract holder themselves but by an IFA.
Entrusting management to a competent IFA with extensive support is key to successful asset formation in offshore investment.
The details of RSP are as follows:
Savings Period
5 to 25 years
Selectable in 1-year increments
Investment Period
After contract ~ 99 years
Initial Account Period
18 to 24 months
Varies by contract period