Report for June 2011

The FTSE100 fell considerably in mid-month but recovered almost to its previous month's value by yesterday. The Unit Value also remains the same at 136.5 and the portfolio is valued at £21,355.

Tesco fell 4% during the month reversing last month's gain, and Severn Trent slipped 2%. The funds, on the other hand, largely held up and our China holding continued to give good value, being 22% up over 12 months. If only bank deposits did the same!