Report for May 2011

May was a cautious month on the stock market and the FTSE100 has been wobbling just below 6000, ending 1% lower. However, our portfolio held steady and so did the Unit Value which continues the steady progress shown over the last 2 years. Our only noticably good performer was Tesco, up 4%. 

The switch-over to funds seems to have reduced the volatility in our portfolio very well.  The 12-month Unit Value gain of 9.3% is more than satisfactory.

Report for April 2011

April was another solid month with the FTSE100, our portfolio and our Unit Value rising 2%. 

Our two American funds disappointed and our Dixons corporate bond showed a sudden fall at the start of the month.

However, the two European funds rose by around 8% and Tesco and Severn Trent both gained more than 5%. We have nearly £4,500 in cash ready for investment.