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.