Report for March 2009

March was a rather more satisfactory month with the FTSE100 rising 2% to 3899 and our portfolio following suit with a 2% rise to £12,329. The Unit Value rose by 3% to 88.6, but note that it is still more than 10% in the red.

Share values are still rather volatile: Severn Trent were down 10% in the month but BHP Billiton were up 27% (and also paid a dividend of 2%). Interestingly, all our new holdings in funds and bonds rose in value by between 3% and 14% this month: another suggestion that our new strategy will pay off.

The interest we are getting on our deposits is minimal so I suggest that we invest in more funds soon.