Patrick Investment Club
The family have operated the Patrick Investment Club since 1998 with the aim of creating wealth
Wednesday, January 17, 2007
Tuesday, January 02, 2007
Report for December 2006
Another reasonable month to end a good calendar year in which the FTSE100 has risen by 10%.
The Club Unit Value now stands at 109.6, a gain of 1% on the month. The FTSE rose 2%. Our speculative stocks, African Platinum and Island Oil & Gas were our best and worst performers respectively. The regular stocks showed some good gains: Biffa 18% and Speedy Hire 11%, and our China investments gained 11%.
One member took a loan of £500 so we are low on cash currently, but we will add to our F&C Multi-manager Growth Unit Trust next month.
Labels: Monthly reports