Report for October 2010

October showed a further steady rise in confidence in the stock-markets with the FTSE100 gaining 2%. Our portfolio followed suit, putting on £336 with a gain of 2%, and the Unit Value rose by the same fraction to 129.5, its highest ever.

The gains were across the board, with only our International Property Fund falling in value, together with our Tesco stock which went ex-dividend this month.

I am going to re-weight our funds portfolio with more property this month in line with our strategy, and take some profits from our Far East Equity in which we are considerably over-weight.