Report for June 2009

The FTSE100 fell 3% in June, another indication that we are not out of the recession "wood" yet.

Our portfolio fell in value as every single one of our shares and funds went down, but because the bond values rose by 5-6% our portfolio fell only 1% and is valued now at £13,151.

The Unit Value eased down to 92, a fall of 1%.

One member withdrew a substantial share of his funds, leaving £1673 in cash.