Report for April 2009

April continued to see the FTSE100 rise. It reached 4189, 7% higher than at the end of March, and it has continued to rise in these first days of May. Our portfolio showed a somewhat more modest rise of 4% rise to £12,793. The Unit Value rose by 2% to 90.75, so it is now "only" 9% in the red.

Share and bond values rose across the board except BHP Billiton which fell by 2% (though it remains volatile) and New Star Property which fell 10%. We received no interest or dividend payments this month, and made no further investments.